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280 hedge funds and large institutions have $3.65B invested in Delek US in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 101 increasing their positions, 94 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $82.5M | Put options by funds: $22.4M

26% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 42

4% more funds holding

Funds holding: 270280 (+10)

7% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 94

0.33% more ownership

Funds ownership: 99.18%99.51% (+0.33%)

13% less capital invested

Capital invested by funds: $4.18B → $3.65B (-$533M)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
280
Holders Change
+10
Holders Change %
+3.7%
% of All Funds
6.4%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
53
Increased
101
Reduced
94
Closed
42
Calls
$82.5M
Puts
$22.4M
Net Calls
+$60.1M
Net Calls Change
+$30.4M
Name Holding Trade Value Shares
Change
Change in
Stake
DG
26
Delek Group
Israel
$23.1M +$10.8M +218,000 +66%
Principal Financial Group
27
Principal Financial Group
Iowa
$22.8M -$235K -4,768 -0.9%
Ameriprise
28
Ameriprise
Minnesota
$22.2M +$3.64M +73,688 +16%
GT
29
Glenmede Trust
Pennsylvania
$21.3M +$8.49M +171,991 +52%
Wells Fargo
30
Wells Fargo
California
$21.1M +$3.06M +62,084 +14%
EA
31
Emerald Advisers
Pennsylvania
$20.4M +$9.08M +183,954 +62%
KTA
32
Keeley-Teton Advisors
Illinois
$19.8M +$399K +8,089 +2%
Renaissance Technologies
33
Renaissance Technologies
New York
$19.4M -$7.63M -154,626 -25%
CRCP
34
Copper Rock Capital Partners
Massachusetts
$19.3M -$1.01M -20,430 -4%
T. Rowe Price Associates
35
T. Rowe Price Associates
Maryland
$17.9M +$19.4M +392,987 +1,384%
EMFAT
36
Emerald Mutual Fund Advisers Trust
Pennsylvania
$17.7M +$8.65M +175,401 +73%
KBC Group
37
KBC Group
Belgium
$17.1M +$19.9M +403,001 New
MPAM
38
Monarch Partners Asset Management
Massachusetts
$16.8M +$19.5M +395,415 New
FA
39
Friess Associates
Delaware
$16.1M -$1.04K -21 -0%
GAMA
40
Graticule Asia Macro Advisors
New York
$16.1M +$15.1M +306,850 +426%
Bank of America
41
Bank of America
North Carolina
$15.4M +$121K +2,460 +0.7%
Deutsche Bank
42
Deutsche Bank
Germany
$15.4M -$843K -17,076 -4%
CI
43
Clal Insurance
Israel
$14.8M +$17.3M +350,000 New
CCM
44
Cobalt Capital Management
New Jersey
$14.7M +$7.39M +149,715 +77%
Morgan Stanley
45
Morgan Stanley
New York
$13.8M -$18.8M -381,294 -54%
AC
46
Ascend Capital
California
$13.6M +$6.79M +137,530 +75%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$11.8M +$858K +17,390 +7%
Nomura Holdings
48
Nomura Holdings
Japan
$11M +$7.1M +143,925 +130%
DCM
49
Discovery Capital Management
Connecticut
$10.2M +$11.8M +239,900 New
TCA
50
Tortoise Capital Advisors
Kansas
$9.83M +$9.74M +197,313 +573%

DK Hedge Fund Activity: Q3 2018 in Review

280 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q3 2018, worth a combined $3.65B — down 13% from $4.18B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new DK positions and 42 closed out — a net gain of 11 holders — while 101 added to existing stakes and 94 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $157M. The largest seller was Millennium Management, cutting an estimated $105M.

  • 280 institutional investors held Delek US (DK) as of Q3 2018, up from 270 in Q2 2018.
  • Funds reported $3.65B of Delek US stock for Q3 2018, down 13% quarter-over-quarter.
  • 53 funds opened new Delek US positions in Q3 2018 and 42 closed out, a net change of +11 holders.
  • The largest Delek US buyer in Q3 2018 was Goldman Sachs, an estimated $157M added.
  • The largest Delek US seller in Q3 2018 was Millennium Management, an estimated $105M sold.

Based on aggregated 13F filings for Q3 2018.