CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
287 hedge funds and large institutions have $2.95B invested in CST Brands, Inc. in 2016 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 87 increasing their positions, 90 reducing their positions, and 28 closing their positions.
112% more call options, than puts
Call options by funds: $94.4M | Put options by funds: $44.5M
29% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 28
14% more capital invested
Capital invested by funds: $2.58B → $2.95B (+$367M)
2% more funds holding
Funds holding: 282 → 287 (+5)
3% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 90
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$37.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$28.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$24.2M |
| 4 |
LM
Litespeed Management
New York
|
+$22.9M |
| 5 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$49.2M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$18.7M |
| 3 |
GL
Governors Lane
New York
|
-$15.7M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$13.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.3M |
CST Hedge Fund Activity: Q2 2016 in Review
287 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q2 2016, worth a combined $2.95B — up 14% from $2.58B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CST positions and 28 closed out — a net gain of 8 holders — while 87 added to existing stakes and 90 trimmed.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $37.2M. The largest seller was Champlain Investment Partners, cutting an estimated $49.2M.
- 287 institutional investors held CST Brands, Inc. (CST) as of Q2 2016, up from 282 in Q1 2016.
- Funds reported $2.95B of CST Brands, Inc. stock for Q2 2016, up 14% quarter-over-quarter.
- 36 funds opened new CST Brands, Inc. positions in Q2 2016 and 28 closed out, a net change of +8 holders.
- The largest CST Brands, Inc. buyer in Q2 2016 was First Eagle Investment Management, an estimated $37.2M added.
- The largest CST Brands, Inc. seller in Q2 2016 was Champlain Investment Partners, an estimated $49.2M sold.
Based on aggregated 13F filings for Q2 2016.