California Resources
206 hedge funds and large institutions have $3.04B invested in California Resources in 2022 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 64 increasing their positions, 76 reducing their positions, and 24 closing their positions.
553% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $3.15M
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
7% more funds holding
Funds holding: 192 → 206 (+14)
2.98% less ownership
Funds ownership: 98.03% → 95.05% (-3%)
16% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 76
42% less capital inflows, than outflows
Capital inflows: $166M | Capital outflows: $285M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$14.5M |
| 2 |
Bornite Capital Management
New York
|
+$13.1M |
| 3 |
Canyon Capital Advisors
Dallas,
Texas
|
+$10.7M |
| 4 |
Levin Capital Strategies
New York
|
+$10.5M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$9.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldentree Asset Management
New York
|
-$66.6M |
| 2 |
BlackRock
New York
|
-$47.8M |
| 3 |
Encompass Capital Advisors
New York
|
-$19.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$19.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
CRC Hedge Fund Activity: Q4 2022 in Review
206 of the 6,242 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q4 2022, worth a combined $3.04B — up 7% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CRC positions and 24 closed out — a net gain of 17 holders — while 64 added to existing stakes and 76 trimmed.
The largest buyer was American Century Companies, adding an estimated $14.5M. The largest seller was Goldentree Asset Management, cutting an estimated $66.6M.
- 206 institutional investors held California Resources (CRC) as of Q4 2022, up from 192 in Q3 2022.
- Funds reported $3.04B of California Resources stock for Q4 2022, up 7% quarter-over-quarter.
- 41 funds opened new California Resources positions in Q4 2022 and 24 closed out, a net change of +17 holders.
- The largest California Resources buyer in Q4 2022 was American Century Companies, an estimated $14.5M added.
- The largest California Resources seller in Q4 2022 was Goldentree Asset Management, an estimated $66.6M sold.
Based on aggregated 13F filings for Q4 2022.