CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
79 hedge funds and large institutions have $116M invested in CVR Refining, LP in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 30 reducing their positions, and 20 closing their positions.
14% less funds holding
Funds holding: 92 → 79 (-13)
26% less call options, than puts
Call options by funds: $2.39M | Put options by funds: $3.25M
43% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 30
46% less capital invested
Capital invested by funds: $216M → $116M (-$99.6M)
60% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$5.12M |
| 2 |
Morgan Stanley
New York
|
+$4.05M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$838K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$12.4M |
| 2 |
Goldman Sachs
New York
|
-$5M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$4.83M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.9M |
| 5 |
Millennium Management
New York
|
-$3.35M |
CVRR Hedge Fund Activity: Q2 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q2 2016, worth a combined $116M — down 46% from $216M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CVRR and 8 opened new positions — a net loss of 12 holders — while 30 trimmed existing stakes and 17 added.
The largest buyer was Federated Hermes, opening a new position worth an estimated $5.12M. The largest seller was Acadian Asset Management, cutting an estimated $12.4M.
- 79 institutional investors held CVR Refining, LP (CVRR) as of Q2 2016, down from 92 in Q1 2016.
- Funds reported $116M of CVR Refining, LP stock for Q2 2016, down 46% quarter-over-quarter.
- 8 funds opened new CVR Refining, LP positions in Q2 2016 and 20 closed out, a net change of -12 holders.
- The largest CVR Refining, LP buyer in Q2 2016 was Federated Hermes, an estimated $5.12M added.
- The largest CVR Refining, LP seller in Q2 2016 was Acadian Asset Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2016.