CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
285 hedge funds and large institutions have $2.31B invested in CST Brands, Inc. in 2015 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 77 increasing their positions, 118 reducing their positions, and 36 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
46% more call options, than puts
Call options by funds: $2.74M | Put options by funds: $1.88M
3% less funds holding
Funds holding: 294 → 285 (-9)
15% less capital invested
Capital invested by funds: $2.73B → $2.31B (-$420M)
22% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 36
35% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$48.8M |
| 2 |
Millennium Management
New York
|
+$38.4M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$29.8M |
| 4 |
OC
Orange Capital
Manhasset,
New York
|
+$29.3M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$36.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$23M |
| 3 |
MCM
Moore Capital Management
New York
|
-$17.6M |
| 4 |
Renaissance Technologies
New York
|
-$17.4M |
| 5 |
FIM
Foresters Investment Management
New York
|
-$15.9M |
CST Hedge Fund Activity: Q3 2015 in Review
285 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q3 2015, worth a combined $2.31B — down 15% from $2.73B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CST and 28 opened new positions — a net loss of 8 holders — while 118 trimmed existing stakes and 77 added.
The largest buyer was Champlain Investment Partners, adding an estimated $48.8M. The largest seller was D.E. Shaw & Co, cutting an estimated $36.5M.
- 285 institutional investors held CST Brands, Inc. (CST) as of Q3 2015, down from 294 in Q2 2015.
- Funds reported $2.31B of CST Brands, Inc. stock for Q3 2015, down 15% quarter-over-quarter.
- 28 funds opened new CST Brands, Inc. positions in Q3 2015 and 36 closed out, a net change of -8 holders.
- The largest CST Brands, Inc. buyer in Q3 2015 was Champlain Investment Partners, an estimated $48.8M added.
- The largest CST Brands, Inc. seller in Q3 2015 was D.E. Shaw & Co, an estimated $36.5M sold.
Based on aggregated 13F filings for Q3 2015.