CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
322 hedge funds and large institutions have $3.01B invested in CST Brands, Inc. in 2015 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 107 increasing their positions, 99 reducing their positions, and 41 closing their positions.
5,054% more call options, than puts
Call options by funds: $65.1M | Put options by funds: $1.26M
24% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 41
1% more funds holding
Funds holding: 318 → 322 (+4)
8% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 99
1% more capital invested
Capital invested by funds: $2.97B → $3.01B (+$42.9M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$44.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$33.7M |
| 3 |
Renaissance Technologies
New York
|
+$23.2M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$22.4M |
| 5 |
MCM
Moore Capital Management
New York
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$81.3M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$45.6M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$40.8M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$38M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.5M |
CST Hedge Fund Activity: Q1 2015 in Review
322 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q1 2015, worth a combined $3.01B — up 1.4% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CST positions and 41 closed out — a net gain of 10 holders — while 107 added to existing stakes and 99 trimmed.
The largest buyer was Pennant Capital Management, opening a new position worth an estimated $44.8M. The largest seller was Abrams Capital Management, cutting an estimated $81.3M.
- 322 institutional investors held CST Brands, Inc. (CST) as of Q1 2015, up from 318 in Q4 2014.
- Funds reported $3.01B of CST Brands, Inc. stock for Q1 2015, up 1.4% quarter-over-quarter.
- 51 funds opened new CST Brands, Inc. positions in Q1 2015 and 41 closed out, a net change of +10 holders.
- The largest CST Brands, Inc. buyer in Q1 2015 was Pennant Capital Management, an estimated $44.8M added.
- The largest CST Brands, Inc. seller in Q1 2015 was Abrams Capital Management, an estimated $81.3M sold.
Based on aggregated 13F filings for Q1 2015.