CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
71 hedge funds and large institutions have $304M invested in CVR Refining, LP in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 16 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
7% more call options, than puts
Call options by funds: $19.4M | Put options by funds: $18.1M
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 72 → 71 (-1)
28% less capital invested
Capital invested by funds: $421M → $304M (-$117M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$4.8M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$4.22M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$2.01M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.72M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$23.4M |
| 2 |
Morgan Stanley
New York
|
-$14.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$8.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.77M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSP
76
Madison Street Partners
Denver,
Colorado
| – | -$601K | -20,000 | Closed |
|
|
CF
77
CNA Financial
Chicago,
Illinois
| – | -$530K | -17,640 | Closed |
|
78
Jane Street
New York
| – | -$450K | -14,962 | Closed |
|
|
WCM
79
Weintraub Capital Management
Lafayette,
California
| – | -$301K | -10,000 | Closed |
|
80
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$232K | -7,740 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$232K | -7,707 | Closed |
|
|
MCM
82
McGlinn Capital Management
Wyomissing,
Pennsylvania
| – | -$180K | -6,000 | Closed |
|
83
Acadian Asset Management
Boston,
Massachusetts
| – | -$148K | -4,921 | Closed |
|
|
PCM
84
Prelude Capital Management
New York
| – | -$115K | -3,810 | Closed |
|
|
SNT
85
Security National Trust
Wheeling,
West Virginia
| – | -$75K | -2,500 | Closed |
|
86
Bessemer Group
Woodbridge,
New Jersey
| – | -$12K | -400 | Closed |
|
87
US Bancorp
Minneapolis,
Minnesota
| – | -$12K | -400 | Closed |
|
CVRR Hedge Fund Activity: Q3 2013 in Review
71 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q3 2013, worth a combined $304M — down 28% from $421M a quarter earlier.
Fund positioning in CVRR was balanced in Q3 2013: 16 funds opened new positions, 16 closed out, 26 added to existing stakes and 22 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $4.8M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $23.4M sold.
- 71 institutional investors held CVR Refining, LP (CVRR) as of Q3 2013, down from 72 in Q2 2013.
- Funds reported $304M of CVR Refining, LP stock for Q3 2013, down 28% quarter-over-quarter.
- 16 funds opened new CVR Refining, LP positions in Q3 2013 and 16 closed out, a net change of 0 holders.
- The largest CVR Refining, LP buyer in Q3 2013 was Goldman Sachs, an estimated $4.8M added.
- The largest CVR Refining, LP seller in Q3 2013 was ClearBridge Investments, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2013.