CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
95 hedge funds and large institutions have $197M invested in CVR Refining, LP in 2014 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
10% more funds holding
Funds holding: 86 → 95 (+9)
47% less capital invested
Capital invested by funds: $369M → $197M (-$172M)
61% less call options, than puts
Call options by funds: $4.75M | Put options by funds: $12.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$32.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$9.03M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$6.02M |
| 4 |
Renaissance Technologies
New York
|
+$5.42M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$140M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$34.6M |
| 3 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
-$4.76M |
| 4 |
Bank of New York Mellon
New York
|
-$1.57M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
101
TFS Capital
West Chester,
Pennsylvania
| – | -$704K | -30,238 | Closed |
|
|
OC
102
Oppenheimer & Co
New York
| – | -$546K | -23,456 | Closed |
|
103
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$300K | -12,893 | Closed |
|
|
HFS
104
HL Financial Services
Louisville,
Kentucky
| – | -$297K | -12,758 | Closed |
|
105
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$252K | -10,832 | Closed |
|
|
NCCM
106
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$242K | -10,400 | Closed |
|
|
SFSIG
107
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$90K | -3,878 | Closed |
|
108
Ameriprise
Minneapolis,
Minnesota
| – | -$81K | -3,500 | Closed |
|
109
US Bancorp
Minneapolis,
Minnesota
| – | -$23K | -1,000 | Closed |
|
|
MFS
110
MSI Financial Services
Springfield,
Massachusetts
| – | -$3K | -125 | Closed |
|
|
MWP
111
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$2K | -77 | Closed |
|
CVRR Hedge Fund Activity: Q4 2014 in Review
95 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q4 2014, worth a combined $197M — down 47% from $369M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CVRR positions and 16 closed out — a net gain of 10 holders — while 32 added to existing stakes and 27 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $32.7M. The largest seller was Icahn Carl, exiting entirely with an estimated $140M sold.
- 95 institutional investors held CVR Refining, LP (CVRR) as of Q4 2014, up from 86 in Q3 2014.
- Funds reported $197M of CVR Refining, LP stock for Q4 2014, down 47% quarter-over-quarter.
- 26 funds opened new CVR Refining, LP positions in Q4 2014 and 16 closed out, a net change of +10 holders.
- The largest CVR Refining, LP buyer in Q4 2014 was Goldman Sachs, an estimated $32.7M added.
- The largest CVR Refining, LP seller in Q4 2014 was Icahn Carl, an estimated $140M sold.
Based on aggregated 13F filings for Q4 2014.