CST Brands, Inc.
CST
CST was delisted on the 27th of June, 2017.
295 hedge funds and large institutions have $2.68B invested in CST Brands, Inc. in 2015 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 100 increasing their positions, 78 reducing their positions, and 38 closing their positions.
612% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $3.15M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
32% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 38
28% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 78
16% more capital invested
Capital invested by funds: $2.31B → $2.68B (+$370M)
4% more funds holding
Funds holding: 285 → 295 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$34.4M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$31M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$24.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$19.7M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Orange Capital
Manhasset,
New York
|
-$77.9M |
| 2 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$29.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$25M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$18.8M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$16.7M |
CST Hedge Fund Activity: Q4 2015 in Review
295 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in CST Brands, Inc. (CST) for Q4 2015, worth a combined $2.68B — up 16% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CST positions and 38 closed out — a net gain of 12 holders — while 100 added to existing stakes and 78 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $34.4M. The largest seller was Orange Capital, exiting entirely with an estimated $77.9M sold.
- 295 institutional investors held CST Brands, Inc. (CST) as of Q4 2015, up from 285 in Q3 2015.
- Funds reported $2.68B of CST Brands, Inc. stock for Q4 2015, up 16% quarter-over-quarter.
- 50 funds opened new CST Brands, Inc. positions in Q4 2015 and 38 closed out, a net change of +12 holders.
- The largest CST Brands, Inc. buyer in Q4 2015 was Cambiar Investors, an estimated $34.4M added.
- The largest CST Brands, Inc. seller in Q4 2015 was Orange Capital, an estimated $77.9M sold.
Based on aggregated 13F filings for Q4 2015.