CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
250 hedge funds and large institutions have $3.14B invested in CST Brands, Inc. in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 82 reducing their positions, and 42 closing their positions.
3% more capital invested
Capital invested by funds: $3.05B → $3.14B (+$88.8M)
10% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 82
9% less funds holding
Funds holding: 275 → 250 (-25)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
43% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$287M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$121M |
| 3 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$54.2M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$39.2M |
| 5 |
Renaissance Technologies
New York
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$40.9M |
| 2 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$30.4M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$24.6M |
| 4 |
HHC
Hutchin Hill Capital
New York
|
-$23.1M |
| 5 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$21.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWP
276
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$6K | -130 | Closed |
|
|
TCCM
277
Timber Creek Capital Management
Boston,
Massachusetts
| – | -$4K | -88 | Closed |
|
|
FHA
278
First Horizon Advisors
Memphis,
Tennessee
| – | -$2K | -57 | Closed |
|
|
FAN
279
Financial Advisors Network
Tustin,
California
| – | -$2.65K | -55 | Closed |
|
|
FNBT
280
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$2K | -49 | Closed |
|
|
ZB
281
Zions Bancorporation
Salt Lake City,
Utah
| – | -$1.5K | -31 | -94% |
|
|
CLOS
282
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$1K | -27 | Closed |
|
283
EARNEST Partners
Atlanta,
Georgia
| – | -$1K | -27 | Closed |
|
|
SFS
284
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -16 | Closed |
|
|
AWM
285
AllSquare Wealth Management
Albany,
New York
| – | -$1K | -11 | Closed |
|
|
PK
286
Pflug Koory
Omaha,
Nebraska
| – | +$241 | +5 | New |
|
|
WT
287
Whittier Trust
South Pasadena,
California
| – | +$386 | +8 | New |
|
CST Hedge Fund Activity: Q1 2017 in Review
250 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q1 2017, worth a combined $3.14B — up 2.9% from $3.05B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of CST and 24 opened new positions — a net loss of 18 holders — while 82 trimmed existing stakes and 74 added.
The largest buyer was BlackRock, adding an estimated $287M. The largest seller was Shapiro Capital Management, exiting entirely with an estimated $40.9M sold.
- 250 institutional investors held CST Brands, Inc. (CST) as of Q1 2017, down from 275 in Q4 2016.
- Funds reported $3.14B of CST Brands, Inc. stock for Q1 2017, up 2.9% quarter-over-quarter.
- 24 funds opened new CST Brands, Inc. positions in Q1 2017 and 42 closed out, a net change of -18 holders.
- The largest CST Brands, Inc. buyer in Q1 2017 was BlackRock, an estimated $287M added.
- The largest CST Brands, Inc. seller in Q1 2017 was Shapiro Capital Management, an estimated $40.9M sold.
Based on aggregated 13F filings for Q1 2017.