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CVRR

CVR Refining, LP
CVRR

Delisted

CVRR was delisted on the 28th of January, 2019.

92 hedge funds and large institutions have $216M invested in CVR Refining, LP in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more call options, than puts

Call options by funds: $5.75M | Put options by funds: $2.89M

0% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 28

9% less funds holding

Funds holding: 10192 (-9)

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

71% less capital invested

Capital invested by funds: $745M → $216M (-$529M)

Holders
92
Holders Change
-9
Holders Change %
-8.91%
% of All Funds
2.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
28
Reduced
28
Closed
25
Calls
$5.75M
Puts
$2.89M
Net Calls
+$2.86M
Net Calls Change
+$12.6M
Name Holding Trade Value Shares
Change
Change in
Stake
IC
1
Icahn Carl
Florida
$72.5M
Acadian Asset Management
2
Acadian Asset Management
Massachusetts
$34.4M +$12.5M +883,046 +45%
Goldman Sachs
3
Goldman Sachs
New York
$18.7M -$16.7M -1,180,285 -43%
Millennium Management
4
Millennium Management
New York
$9.81M +$5.15M +363,119 +81%
Deutsche Bank
5
Deutsche Bank
Germany
$7.41M -$2.82M -199,236 -25%
Renaissance Technologies
6
Renaissance Technologies
New York
$5.61M +$1.46M +102,707 +28%
UBS Group
7
UBS Group
Switzerland
$5.6M -$5.5M -388,199 -46%
Morgan Stanley
8
Morgan Stanley
New York
$5.15M +$591K +41,724 +11%
GF
9
Gabelli Funds
New York
$4.83M
BNP Paribas Financial Markets
10
BNP Paribas Financial Markets
France
$3.77M -$2.31M -163,129 -34%
CIBC Private Wealth Group
11
CIBC Private Wealth Group
Georgia
$3.48M +$3.93M +277,501 +2,562%
RFC
12
Russell Frank Company
Washington
$3.09M +$15.2K +1,073 +0.4%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$2.71M -$9.24K -652 -0.3%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$2.62M
GIM
15
Groesbeck Investment Management
New Jersey
$2.46M +$17K +1,200 +0.6%
GC
16
Guggenheim Capital
Illinois
$2.38M -$5.44M -384,013 -66%
IG
17
ING Group
Netherlands
$2.17M
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$2M +$868K +61,249 +59%
Creative Planning
19
Creative Planning
Kansas
$1.85M +$691K +48,785 +47%
Invesco
20
Invesco
Georgia
$1.77M +$231K +16,316 +13%
GCP
21
GSA Capital Partners
United Kingdom
$1.61M -$291K -20,553 -13%
COPPSERS
22
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.39M +$105K +7,375 +7%
Rafferty Asset Management
23
Rafferty Asset Management
New York
$1.38M +$103K +7,284 +7%
ACM
24
Americafirst Capital Management
California
$1.36M +$1.31M +92,160 +449%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$1.35M +$1.59M +112,000 New

CVRR Hedge Fund Activity: Q1 2016 in Review

92 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q1 2016, worth a combined $216M — down 71% from $745M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of CVRR and 17 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 28 added.

The largest buyer was Acadian Asset Management, adding an estimated $12.5M. The largest seller was Goldman Sachs, cutting an estimated $16.7M.

  • 92 institutional investors held CVR Refining, LP (CVRR) as of Q1 2016, down from 101 in Q4 2015.
  • Funds reported $216M of CVR Refining, LP stock for Q1 2016, down 71% quarter-over-quarter.
  • 17 funds opened new CVR Refining, LP positions in Q1 2016 and 25 closed out, a net change of -8 holders.
  • The largest CVR Refining, LP buyer in Q1 2016 was Acadian Asset Management, an estimated $12.5M added.
  • The largest CVR Refining, LP seller in Q1 2016 was Goldman Sachs, an estimated $16.7M sold.

Based on aggregated 13F filings for Q1 2016.