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163 hedge funds and large institutions have $764M invested in Delek US in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 67 increasing their positions, 46 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,265% more call options, than puts

Call options by funds: $30.5M | Put options by funds: $2.23M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

46% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 46

7.4% more ownership

Funds ownership: 86.21%93.61% (+7.4%)

6% less capital invested

Capital invested by funds: $811M → $764M (-$46.2M)

7% less funds holding

Funds holding: 175163 (-12)

27% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 37

Holders
163
Holders Change
-12
Holders Change %
-6.86%
% of All Funds
4.35%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
27
Increased
67
Reduced
46
Closed
37
Calls
$30.5M
Puts
$2.23M
Net Calls
+$28.2M
Net Calls Change
+$26.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
51
Bridgeway Capital Management
Texas
$1.98M
TC
52
TFS Capital
Pennsylvania
$1.88M +$126K +8,828 +7%
QI
53
QS Investors
New York
$1.84M
WA
54
Wasatch Advisors
Utah
$1.79M -$14.5K -1,021 -0.7%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$1.71M +$110K +7,765 +6%
Nordea Investment Management
56
Nordea Investment Management
Sweden
$1.58M
PPA
57
Parametric Portfolio Associates
Washington
$1.57M +$209K +14,667 +14%
Los Angeles Capital Management
58
Los Angeles Capital Management
California
$1.53M +$81.5K +5,725 +5%
NFA
59
Nationwide Fund Advisors
Ohio
$1.51M -$572K -40,236 -26%
GCP
60
GSA Capital Partners
United Kingdom
$1.34M -$498K -34,976 -26%
CCMH
61
Cornerstone Capital Management Holdings
New York
$1.3M -$49.1K -3,450 -3%
HHC
62
Hutchin Hill Capital
New York
$1.26M +$1.2M +84,100 +744%
AllianceBernstein
63
AllianceBernstein
Tennessee
$1.2M -$248K -17,400 -16%
FIM
64
Foresters Investment Management
New York
$1.2M +$42.7K +3,000 +3%
Swiss National Bank
65
Swiss National Bank
Switzerland
$1.09M -$66.9K -4,700 -5%
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$1.03M +$57.9K +4,067 +5%
CS
67
Credit Suisse
Switzerland
$1.02M +$94.6K +6,648 +9%
SIM
68
Spark Investment Management
New York
$1.01M -$731K -51,400 -40%
Legal & General Group
69
Legal & General Group
United Kingdom
$921K +$259K +18,193 +35%
Royal Bank of Canada
70
Royal Bank of Canada
Ontario, Canada
$894K -$64.3K -4,517 -6%
SAM
71
Shell Asset Management
Netherlands
$866K -$53K -3,723 -5%
New York State Common Retirement Fund
72
New York State Common Retirement Fund
New York
$856K +$110K +7,700 +13%
Canada Pension Plan Investment Board
73
Canada Pension Plan Investment Board
Ontario, Canada
$841K +$687K +48,300 +314%
KeyBank National Association
74
KeyBank National Association
Ohio
$826K +$90.4K +6,354 +11%
Two Sigma Investments
75
Two Sigma Investments
New York
$797K -$3.73M -262,171 -81%

DK Hedge Fund Activity: Q2 2016 in Review

163 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q2 2016, worth a combined $764M — down 5.7% from $811M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of DK and 27 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 67 added.

The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $39.6M. The largest seller was D.E. Shaw & Co, cutting an estimated $16.1M.

  • 163 institutional investors held Delek US (DK) as of Q2 2016, down from 175 in Q1 2016.
  • Funds reported $764M of Delek US stock for Q2 2016, down 5.7% quarter-over-quarter.
  • 27 funds opened new Delek US positions in Q2 2016 and 37 closed out, a net change of -10 holders.
  • The largest Delek US buyer in Q2 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $39.6M added.
  • The largest Delek US seller in Q2 2016 was D.E. Shaw & Co, an estimated $16.1M sold.

Based on aggregated 13F filings for Q2 2016.