CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
86 hedge funds and large institutions have $369M invested in CVR Refining, LP in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 14 closing their positions.
35% more capital invested
Capital invested by funds: $274M → $369M (+$94.8M)
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
0% more funds holding
Funds holding: 86 → 86 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
17% less call options, than puts
Call options by funds: $12.3M | Put options by funds: $14.9M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$147M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.56M |
| 3 |
Renaissance Technologies
New York
|
+$7.54M |
| 4 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$5.02M |
| 5 |
Goldman Sachs
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.8M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$11.4M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$10.7M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$7.83M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$6.27M |
CVRR Hedge Fund Activity: Q3 2014 in Review
86 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q3 2014, worth a combined $369M — up 35% from $274M a quarter earlier.
Fund positioning in CVRR was balanced in Q3 2014: 14 funds opened new positions, 14 closed out, 29 added to existing stakes and 25 trimmed.
The largest buyer was Icahn Carl, opening a new position worth an estimated $147M. The largest seller was Fidelity Investments, cutting an estimated $13.8M.
- 86 institutional investors held CVR Refining, LP (CVRR) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $369M of CVR Refining, LP stock for Q3 2014, up 35% quarter-over-quarter.
- 14 funds opened new CVR Refining, LP positions in Q3 2014 and 14 closed out, a net change of 0 holders.
- The largest CVR Refining, LP buyer in Q3 2014 was Icahn Carl, an estimated $147M added.
- The largest CVR Refining, LP seller in Q3 2014 was Fidelity Investments, an estimated $13.8M sold.
Based on aggregated 13F filings for Q3 2014.