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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
AllianceBernstein
51
AllianceBernstein
Tennessee
$9.73M -$3.31M -66,999 -23%
Invesco
52
Invesco
Georgia
$9.72M -$300K -6,075 -3%
State of Wisconsin Investment Board
53
State of Wisconsin Investment Board
Wisconsin
$9.56M
VFM
54
Viking Fund Management
North Dakota
$9.34M +$1.48M +30,000 +16%
O
55
OppenheimerFunds
New York
$8.84M +$465K +9,424 +5%
Stifel Financial
56
Stifel Financial
Missouri
$8.82M -$4.15M -84,104 -29%
TCM
57
Tygh Capital Management
Oregon
$8.79M +$1.63M +33,057 +19%
PFC
58
Phocas Financial Corp
California
$8.6M +$4.48M +90,799 +81%
AQR Capital Management
59
AQR Capital Management
Connecticut
$8.52M +$1.43M +28,912 +17%
FIM
60
Foresters Investment Management
New York
$8.5M +$262K +5,300 +3%
ACM
61
Arosa Capital Management
Florida
$8.2M -$7.76M -157,261 -45%
QI
62
QS Investors
New York
$8.18M -$871K -17,642 -8%
SCM
63
SIR Capital Management
New York
$8.07M -$1.24M -25,130 -12%
PPA
64
Parametric Portfolio Associates
Washington
$8.07M +$69.3K +1,405 +0.7%
NMIMC
65
Northwestern Mutual Investment Management Company
Wisconsin
$7.98M +$9.28M +188,031 New
BCM
66
Bridgeway Capital Management
Texas
$7.82M -$9.32M -188,900 -51%
Robeco Institutional Asset Management
67
Robeco Institutional Asset Management
Netherlands
$7.33M
Axa
68
Axa
France
$6.59M +$3.54M +71,800 +86%
Fuller & Thaler Asset Management
69
Fuller & Thaler Asset Management
California
$6.3M -$162K -3,274 -2%
Man Group
70
Man Group
United Kingdom
$6.2M -$24M -485,874 -77%
Swiss National Bank
71
Swiss National Bank
Switzerland
$5.92M
AC
72
Athanor Capital
New York
$5.9M +$3.32M +67,307 +94%
California Public Employees Retirement System
73
California Public Employees Retirement System
California
$5.87M +$227K +4,594 +3%
KC
74
Kepos Capital
New York
$5.75M +$3.03M +61,389 +83%
First Trust Advisors
75
First Trust Advisors
Illinois
$5.49M +$429K +8,699 +7%

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.