CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
86 hedge funds and large institutions have $274M invested in CVR Refining, LP in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
18% more funds holding
Funds holding: 73 → 86 (+13)
24% less capital invested
Capital invested by funds: $361M → $274M (-$86.9M)
40% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $20.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$49.8M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$20.9M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$7.53M |
| 4 |
Goldman Sachs
New York
|
+$6.71M |
| 5 |
GIM
Groesbeck Investment Management
Paramus,
New Jersey
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$140M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$18.5M |
| 3 |
Citigroup
New York
|
-$11.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.34M |
| 5 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$5.41M |
CVRR Hedge Fund Activity: Q2 2014 in Review
86 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q2 2014, worth a combined $274M — down 24% from $361M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CVRR positions and 10 closed out — a net gain of 14 holders — while 26 added to existing stakes and 22 trimmed.
The largest buyer was Vertex One Asset Management, opening a new position worth an estimated $49.8M. The largest seller was Icahn Carl, exiting entirely with an estimated $140M sold.
- 86 institutional investors held CVR Refining, LP (CVRR) as of Q2 2014, up from 73 in Q1 2014.
- Funds reported $274M of CVR Refining, LP stock for Q2 2014, down 24% quarter-over-quarter.
- 24 funds opened new CVR Refining, LP positions in Q2 2014 and 10 closed out, a net change of +14 holders.
- The largest CVR Refining, LP buyer in Q2 2014 was Vertex One Asset Management, an estimated $49.8M added.
- The largest CVR Refining, LP seller in Q2 2014 was Icahn Carl, an estimated $140M sold.
Based on aggregated 13F filings for Q2 2014.