CONCHO RESOURCES INC.
CXO
CXO was delisted on the 15th of January, 2021.
404 hedge funds and large institutions have $7.8B invested in CONCHO RESOURCES INC. in 2020 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 164 increasing their positions, 154 reducing their positions, and 66 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 154
6% less funds holding
Funds holding: 428 → 404 (-24)
15% less capital invested
Capital invested by funds: $9.23B → $7.8B (-$1.43B)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
33% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 66
42% less call options, than puts
Call options by funds: $120M | Put options by funds: $207M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$162M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$86.4M |
| 3 |
Dodge & Cox
San Francisco,
California
|
+$59.1M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$40.7M |
| 5 |
Two Sigma Advisers
New York
|
+$26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$111M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$100M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$90.6M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$65.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$60.9M |
CXO Hedge Fund Activity: Q3 2020 in Review
404 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in CONCHO RESOURCES INC. (CXO) for Q3 2020, worth a combined $7.8B — down 15% from $9.23B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of CXO and 44 opened new positions — a net loss of 22 holders — while 154 trimmed existing stakes and 164 added.
The largest buyer was Invesco, adding an estimated $162M. The largest seller was Millennium Management, cutting an estimated $111M.
- 404 institutional investors held CONCHO RESOURCES INC. (CXO) as of Q3 2020, down from 428 in Q2 2020.
- Funds reported $7.8B of CONCHO RESOURCES INC. stock for Q3 2020, down 15% quarter-over-quarter.
- 44 funds opened new CONCHO RESOURCES INC. positions in Q3 2020 and 66 closed out, a net change of -22 holders.
- The largest CONCHO RESOURCES INC. buyer in Q3 2020 was Invesco, an estimated $162M added.
- The largest CONCHO RESOURCES INC. seller in Q3 2020 was Millennium Management, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2020.