CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
67 hedge funds and large institutions have $116M invested in CVR Refining, LP in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
16% more funds holding
Funds holding: 58 → 67 (+9)
47% less capital invested
Capital invested by funds: $217M → $116M (-$102M)
72% less call options, than puts
Call options by funds: $8.26M | Put options by funds: $29.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.36M |
| 2 |
Renaissance Technologies
New York
|
+$8.36M |
| 3 |
MP
Manikay Partners
New York
|
+$4.71M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.17M |
| 5 |
Morgan Stanley
New York
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$21.1M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$6.28M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.25M |
| 4 |
Citigroup
New York
|
-$3.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAAS
76
First Allied Advisory Services
San Diego,
California
| – | -$264K | -13,364 | Closed |
|
|
CWM
77
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$260K | -2,847 | Closed |
|
78
US Bancorp
Minneapolis,
Minnesota
| – | -$30K | -1,500 | Closed |
|
|
CPIG
79
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$7K | -400 | Closed |
|
|
LWM
80
Lenox Wealth Management
Cincinnati,
Ohio
| – | -$5K | -29 | Closed |
|
CVRR Hedge Fund Activity: Q4 2018 in Review
67 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q4 2018, worth a combined $116M — down 47% from $217M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CVRR positions and 12 closed out — a net gain of 9 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $8.36M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $21.1M sold.
- 67 institutional investors held CVR Refining, LP (CVRR) as of Q4 2018, up from 58 in Q3 2018.
- Funds reported $116M of CVR Refining, LP stock for Q4 2018, down 47% quarter-over-quarter.
- 21 funds opened new CVR Refining, LP positions in Q4 2018 and 12 closed out, a net change of +9 holders.
- The largest CVR Refining, LP buyer in Q4 2018 was Deutsche Bank, an estimated $8.36M added.
- The largest CVR Refining, LP seller in Q4 2018 was Acadian Asset Management, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2018.