CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
275 hedge funds and large institutions have $3.05B invested in CST Brands, Inc. in 2016 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 77 increasing their positions, 84 reducing their positions, and 28 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
11% more call options, than puts
Call options by funds: $6.67M | Put options by funds: $6M
1% more funds holding
Funds holding: 271 → 275 (+4)
2% less capital invested
Capital invested by funds: $3.12B → $3.05B (-$75.2M)
8% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.4M |
| 2 |
CC
Coastland Capital
Palo Alto,
California
|
+$35.8M |
| 3 |
WIC
Water Island Capital
New York
|
+$19.3M |
| 4 |
JP Morgan Chase
New York
|
+$19M |
| 5 |
Morgan Stanley
New York
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$102M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$63.5M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$50.5M |
| 4 |
SG Americas Securities
New York
|
-$27.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$22M |
CST Hedge Fund Activity: Q4 2016 in Review
275 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q4 2016, worth a combined $3.05B — down 2.4% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CST positions and 28 closed out — a net gain of 9 holders — while 77 added to existing stakes and 84 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $58.4M. The largest seller was Magnetar Financial, exiting entirely with an estimated $102M sold.
- 275 institutional investors held CST Brands, Inc. (CST) as of Q4 2016, up from 271 in Q3 2016.
- Funds reported $3.05B of CST Brands, Inc. stock for Q4 2016, down 2.4% quarter-over-quarter.
- 37 funds opened new CST Brands, Inc. positions in Q4 2016 and 28 closed out, a net change of +9 holders.
- The largest CST Brands, Inc. buyer in Q4 2016 was Fidelity Investments, an estimated $58.4M added.
- The largest CST Brands, Inc. seller in Q4 2016 was Magnetar Financial, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2016.