CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
58 hedge funds and large institutions have $217M invested in CVR Refining, LP in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 26 reducing their positions, and 38 closing their positions.
31% less funds holding
Funds holding: 84 → 58 (-26)
39% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $19.9M
61% less capital invested
Capital invested by funds: $561M → $217M (-$343M)
62% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 26
68% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 38
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.94M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.36M |
| 3 |
SG Americas Securities
New York
|
+$1.8M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$920K |
| 5 |
Jane Street
New York
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$32.9M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$24.5M |
| 3 |
Citigroup
New York
|
-$23.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22.5M |
| 5 |
Goldman Sachs
New York
|
-$20.7M |
CVRR Hedge Fund Activity: Q3 2018 in Review
58 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q3 2018, worth a combined $217M — down 61% from $561M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CVRR and 12 opened new positions — a net loss of 26 holders — while 26 trimmed existing stakes and 10 added.
The largest buyer was Fidelity Investments, adding an estimated $7.94M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $32.9M sold.
- 58 institutional investors held CVR Refining, LP (CVRR) as of Q3 2018, down from 84 in Q2 2018.
- Funds reported $217M of CVR Refining, LP stock for Q3 2018, down 61% quarter-over-quarter.
- 12 funds opened new CVR Refining, LP positions in Q3 2018 and 38 closed out, a net change of -26 holders.
- The largest CVR Refining, LP buyer in Q3 2018 was Fidelity Investments, an estimated $7.94M added.
- The largest CVR Refining, LP seller in Q3 2018 was First Trust Capital Management, an estimated $32.9M sold.
Based on aggregated 13F filings for Q3 2018.