California Resources
192 hedge funds and large institutions have $2.84B invested in California Resources in 2022 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 52 increasing their positions, 80 reducing their positions, and 32 closing their positions.
388% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $5.06M
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 32
1% less funds holding
Funds holding: 193 → 192 (-1)
0.54% less ownership
Funds ownership: 98.57% → 98.03% (-0.54%)
4% less capital invested
Capital invested by funds: $2.95B → $2.84B (-$111M)
35% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KEM
Kimmeridge Energy Management
New York
|
+$83.2M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$50.2M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$47.8M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$16.2M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
-$62.7M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$60.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$25M |
| 5 |
State Street
Boston,
Massachusetts
|
-$24.6M |
CRC Hedge Fund Activity: Q3 2022 in Review
192 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q3 2022, worth a combined $2.84B — down 3.8% from $2.95B a quarter earlier.
Fund positioning in CRC was balanced in Q3 2022: 32 funds opened new positions, 32 closed out, 52 added to existing stakes and 80 trimmed.
The largest buyer was Kimmeridge Energy Management, adding an estimated $83.2M. The largest seller was Goldentree Asset Management, cutting an estimated $62.7M.
- 192 institutional investors held California Resources (CRC) as of Q3 2022, down from 193 in Q2 2022.
- Funds reported $2.84B of California Resources stock for Q3 2022, down 3.8% quarter-over-quarter.
- 32 funds opened new California Resources positions in Q3 2022 and 32 closed out, a net change of 0 holders.
- The largest California Resources buyer in Q3 2022 was Kimmeridge Energy Management, an estimated $83.2M added.
- The largest California Resources seller in Q3 2022 was Goldentree Asset Management, an estimated $62.7M sold.
Based on aggregated 13F filings for Q3 2022.