California Resources
270 hedge funds and large institutions have $4.04B invested in California Resources in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 87 increasing their positions, 96 reducing their positions, and 34 closing their positions.
97% more call options, than puts
Call options by funds: $776M | Put options by funds: $394M
41% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 34
4% more funds holding
Funds holding: 259 → 270 (+11)
1.49% more ownership
Funds ownership: 104.42% → 105.91% (+1.5%)
3% more capital invested
Capital invested by funds: $3.92B → $4.04B (+$125M)
9% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 96
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$206M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$73.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$25.2M |
| 4 |
Goldman Sachs
New York
|
+$19.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KEM
Kimmeridge Energy Management
New York
|
-$191M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.1M |
| 3 |
Morgan Stanley
New York
|
-$28.9M |
| 4 |
BlackRock
New York
|
-$18.6M |
| 5 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$15.3M |
CRC Hedge Fund Activity: Q1 2024 in Review
270 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q1 2024, worth a combined $4.04B — up 3.2% from $3.92B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CRC positions and 34 closed out — a net gain of 14 holders — while 87 added to existing stakes and 96 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $206M. The largest seller was Kimmeridge Energy Management, exiting entirely with an estimated $191M sold.
- 270 institutional investors held California Resources (CRC) as of Q1 2024, up from 259 in Q4 2023.
- Funds reported $4.04B of California Resources stock for Q1 2024, up 3.2% quarter-over-quarter.
- 48 funds opened new California Resources positions in Q1 2024 and 34 closed out, a net change of +14 holders.
- The largest California Resources buyer in Q1 2024 was First Trust Advisors, an estimated $206M added.
- The largest California Resources seller in Q1 2024 was Kimmeridge Energy Management, an estimated $191M sold.
Based on aggregated 13F filings for Q1 2024.