CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
311 hedge funds and large institutions have $1.71B invested in CST Brands, Inc. in 2013 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 86 increasing their positions, 138 reducing their positions, and 71 closing their positions.
79% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $6.6M
7% less capital invested
Capital invested by funds: $1.84B → $1.71B (-$128M)
8% less funds holding
Funds holding: 337 → 311 (-26)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
34% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 71
38% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.6M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$31.3M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$28.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$18.5M |
| 5 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$59.3M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$36M |
| 3 |
RCM
Regiment Capital Management
Boston,
Massachusetts
|
-$30.8M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$28.3M |
| 5 |
JP Morgan Chase
New York
|
-$18.9M |
CST Hedge Fund Activity: Q3 2013 in Review
311 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q3 2013, worth a combined $1.71B — down 7% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of CST and 47 opened new positions — a net loss of 24 holders — while 138 trimmed existing stakes and 86 added.
The largest buyer was Fidelity Investments, adding an estimated $36.6M. The largest seller was Wellington Management Group, cutting an estimated $59.3M.
- 311 institutional investors held CST Brands, Inc. (CST) as of Q3 2013, down from 337 in Q2 2013.
- Funds reported $1.71B of CST Brands, Inc. stock for Q3 2013, down 7% quarter-over-quarter.
- 47 funds opened new CST Brands, Inc. positions in Q3 2013 and 71 closed out, a net change of -24 holders.
- The largest CST Brands, Inc. buyer in Q3 2013 was Fidelity Investments, an estimated $36.6M added.
- The largest CST Brands, Inc. seller in Q3 2013 was Wellington Management Group, an estimated $59.3M sold.
Based on aggregated 13F filings for Q3 2013.