CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
282 hedge funds and large institutions have $2.58B invested in CST Brands, Inc. in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 94 increasing their positions, 87 reducing their positions, and 45 closing their positions.
119% more call options, than puts
Call options by funds: $36.4M | Put options by funds: $16.6M
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
8% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 87
4% less capital invested
Capital invested by funds: $2.68B → $2.58B (-$103M)
4% less funds holding
Funds holding: 295 → 282 (-13)
24% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$29.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$28M |
| 3 |
Goldman Sachs
New York
|
+$27.9M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$25.4M |
| 5 |
SLCM
Seven Locks Capital Management
New York
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$32.1M |
| 2 |
Millennium Management
New York
|
-$25.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.2M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$19M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$17.7M |
CST Hedge Fund Activity: Q1 2016 in Review
282 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q1 2016, worth a combined $2.58B — down 3.8% from $2.68B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CST and 34 opened new positions — a net loss of 11 holders — while 87 trimmed existing stakes and 94 added.
The largest buyer was Iridian Asset Management, adding an estimated $29.4M. The largest seller was Advisory Research, cutting an estimated $32.1M.
- 282 institutional investors held CST Brands, Inc. (CST) as of Q1 2016, down from 295 in Q4 2015.
- Funds reported $2.58B of CST Brands, Inc. stock for Q1 2016, down 3.8% quarter-over-quarter.
- 34 funds opened new CST Brands, Inc. positions in Q1 2016 and 45 closed out, a net change of -11 holders.
- The largest CST Brands, Inc. buyer in Q1 2016 was Iridian Asset Management, an estimated $29.4M added.
- The largest CST Brands, Inc. seller in Q1 2016 was Advisory Research, an estimated $32.1M sold.
Based on aggregated 13F filings for Q1 2016.