CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
310 hedge funds and large institutions have $2.63B invested in CST Brands, Inc. in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 125 increasing their positions, 87 reducing their positions, and 47 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
80% more call options, than puts
Call options by funds: $7.71M | Put options by funds: $4.28M
54% more capital invested
Capital invested by funds: $1.71B → $2.63B (+$920M)
44% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 87
0% less funds holding
Funds holding: 311 → 310 (-1)
2% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SAB Capital Management
New York
|
+$75.3M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$59.4M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$43.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$34.2M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$30.4M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$24.2M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$20.7M |
| 4 |
RP
RR Partners
New York
|
-$18.7M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$11.5M |
CST Hedge Fund Activity: Q4 2013 in Review
310 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q4 2013, worth a combined $2.63B — up 54% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CST and 46 opened new positions — a net loss of 1 holder — while 87 trimmed existing stakes and 125 added.
The largest buyer was SAB Capital Management, opening a new position worth an estimated $75.3M. The largest seller was Fidelity International, exiting entirely with an estimated $30.4M sold.
- 310 institutional investors held CST Brands, Inc. (CST) as of Q4 2013, down from 311 in Q3 2013.
- Funds reported $2.63B of CST Brands, Inc. stock for Q4 2013, up 54% quarter-over-quarter.
- 46 funds opened new CST Brands, Inc. positions in Q4 2013 and 47 closed out, a net change of -1 holder.
- The largest CST Brands, Inc. buyer in Q4 2013 was SAB Capital Management, an estimated $75.3M added.
- The largest CST Brands, Inc. seller in Q4 2013 was Fidelity International, an estimated $30.4M sold.
Based on aggregated 13F filings for Q4 2013.