CVR Refining, LP
CVRR
CVRR was delisted on the 28th of January, 2019.
84 hedge funds and large institutions have $561M invested in CVR Refining, LP in 2018 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
90% more capital invested
Capital invested by funds: $295M → $561M (+$265M)
68% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $14.7M
24% more funds holding
Funds holding: 68 → 84 (+16)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$29M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$13.8M |
| 4 |
Citigroup
New York
|
+$10.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$38.9M |
| 2 |
JP Morgan Chase
New York
|
-$16.4M |
| 3 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$9.85M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.55M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$4.77M |
CVRR Hedge Fund Activity: Q2 2018 in Review
84 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CVR Refining, LP (CVRR) for Q2 2018, worth a combined $561M — up 90% from $295M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CVRR positions and 17 closed out — a net gain of 16 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $29M. The largest seller was Goldman Sachs, cutting an estimated $38.9M.
- 84 institutional investors held CVR Refining, LP (CVRR) as of Q2 2018, up from 68 in Q1 2018.
- Funds reported $561M of CVR Refining, LP stock for Q2 2018, up 90% quarter-over-quarter.
- 33 funds opened new CVR Refining, LP positions in Q2 2018 and 17 closed out, a net change of +16 holders.
- The largest CVR Refining, LP buyer in Q2 2018 was First Trust Capital Management, an estimated $29M added.
- The largest CVR Refining, LP seller in Q2 2018 was Goldman Sachs, an estimated $38.9M sold.
Based on aggregated 13F filings for Q2 2018.