CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
292 hedge funds and large institutions have $2.27B invested in CST Brands, Inc. in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 90 increasing their positions, 106 reducing their positions, and 48 closing their positions.
1% more call options, than puts
Call options by funds: $3.4M | Put options by funds: $3.37M
6% less funds holding
Funds holding: 310 → 292 (-18)
14% less capital invested
Capital invested by funds: $2.63B → $2.27B (-$359M)
15% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 106
25% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 48
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$82.2M |
| 2 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$74.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$43.9M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$42.9M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$37.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$117M |
| 2 |
SCM
SAB Capital Management
New York
|
-$84.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.1M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$14.9M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$14.9M |
CST Hedge Fund Activity: Q1 2014 in Review
292 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q1 2014, worth a combined $2.27B — down 14% from $2.63B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of CST and 36 opened new positions — a net loss of 12 holders — while 106 trimmed existing stakes and 90 added.
The largest buyer was Suntrust Banks, adding an estimated $82.2M. The largest seller was Lord, Abbett & Co, cutting an estimated $117M.
- 292 institutional investors held CST Brands, Inc. (CST) as of Q1 2014, down from 310 in Q4 2013.
- Funds reported $2.27B of CST Brands, Inc. stock for Q1 2014, down 14% quarter-over-quarter.
- 36 funds opened new CST Brands, Inc. positions in Q1 2014 and 48 closed out, a net change of -12 holders.
- The largest CST Brands, Inc. buyer in Q1 2014 was Suntrust Banks, an estimated $82.2M added.
- The largest CST Brands, Inc. seller in Q1 2014 was Lord, Abbett & Co, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2014.