California Resources
252 hedge funds and large institutions have $4.48B invested in California Resources in 2024 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 82 reducing their positions, and 41 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 82
15% more capital invested
Capital invested by funds: $3.88B → $4.48B (+$598M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3% less funds holding
Funds holding: 259 → 252 (-7)
11.5% less ownership
Funds ownership: 106.74% → 95.24% (-12%)
17% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 41
31% less call options, than puts
Call options by funds: $59.8M | Put options by funds: $86.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$531M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$104M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54.6M |
| 4 |
BlackRock
New York
|
+$29.8M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.3M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$22.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.9M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$18.7M |
| 5 |
SC
Samlyn Capital
New York
|
-$18.1M |
CRC Hedge Fund Activity: Q3 2024 in Review
252 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q3 2024, worth a combined $4.48B — up 15% from $3.88B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of CRC and 34 opened new positions — a net loss of 7 holders — while 82 trimmed existing stakes and 100 added.
The largest buyer was Canada Pension Plan Investment Board, opening a new position worth an estimated $531M. The largest seller was Fidelity Investments, cutting an estimated $22.3M.
- 252 institutional investors held California Resources (CRC) as of Q3 2024, down from 259 in Q2 2024.
- Funds reported $4.48B of California Resources stock for Q3 2024, up 15% quarter-over-quarter.
- 34 funds opened new California Resources positions in Q3 2024 and 41 closed out, a net change of -7 holders.
- The largest California Resources buyer in Q3 2024 was Canada Pension Plan Investment Board, an estimated $531M added.
- The largest California Resources seller in Q3 2024 was Fidelity Investments, an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2024.