CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
65 hedge funds and large institutions have $121M invested in CVR Refining, LP in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 20 closing their positions.
4% more capital invested
Capital invested by funds: $116M → $121M (+$4.74M)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
18% less funds holding
Funds holding: 79 → 65 (-14)
47% less call options, than puts
Call options by funds: $3M | Put options by funds: $5.65M
65% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$33.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$522K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$377K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$344K |
| 5 |
CG
Clinton Group
New York
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$13M |
| 2 |
Goldman Sachs
New York
|
-$5.47M |
| 3 |
Millennium Management
New York
|
-$3.12M |
| 4 |
Morgan Stanley
New York
|
-$3.06M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIT
76
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$216K | -27,924 | Closed |
|
77
Arrowstreet Capital
Boston,
Massachusetts
| – | -$170K | -21,900 | Closed |
|
|
ST
78
Spot Trading
Chicago,
Illinois
| – | -$138K | -19,477 | Closed |
|
|
ARTA
79
A.R.T. Advisors
New York
| – | -$149K | -19,321 | Closed |
|
|
SPC
80
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$106K | -13,642 | Closed |
|
|
TC
81
TFS Capital
West Chester,
Pennsylvania
| – | -$101K | -13,015 | Closed |
|
|
SC
82
Stratford Consulting
Addison,
Texas
| – | -$78K | -10,000 | Closed |
|
|
CG
83
Cutler Group
San Francisco,
California
| – | -$41.7K | -5,862 | Closed |
|
|
JFA
84
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$4K | -500 | Closed |
|
|
PCM
85
Penserra Capital Management
Orinda,
California
| – | -$2K | -247 | Closed |
|
CVRR Hedge Fund Activity: Q3 2016 in Review
65 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q3 2016, worth a combined $121M — up 4.1% from $116M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CVRR and 7 opened new positions — a net loss of 13 holders — while 21 trimmed existing stakes and 20 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $33.6M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $13M sold.
- 65 institutional investors held CVR Refining, LP (CVRR) as of Q3 2016, down from 79 in Q2 2016.
- Funds reported $121M of CVR Refining, LP stock for Q3 2016, up 4.1% quarter-over-quarter.
- 7 funds opened new CVR Refining, LP positions in Q3 2016 and 20 closed out, a net change of -13 holders.
- The largest CVR Refining, LP buyer in Q3 2016 was First Trust Advisors, an estimated $33.6M added.
- The largest CVR Refining, LP seller in Q3 2016 was Acadian Asset Management, an estimated $13M sold.
Based on aggregated 13F filings for Q3 2016.