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196 hedge funds and large institutions have $2.67B invested in Delek US in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 58 increasing their positions, 72 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

265% more call options, than puts

Call options by funds: $16.1M | Put options by funds: $4.4M

213% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 15

29% more capital invested

Capital invested by funds: $2.07B → $2.67B (+$600M)

20% more funds holding

Funds holding: 164196 (+32)

1.44% less ownership

Funds ownership: 95.38%93.94% (-1.4%)

19% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 72

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
196
Holders Change
+32
Holders Change %
+19.51%
% of All Funds
4.45%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.02%
New
47
Increased
58
Reduced
72
Closed
15
Calls
$16.1M
Puts
$4.4M
Net Calls
+$11.7M
Net Calls Change
+$6.79M
Name Holding Trade Value Shares
Change
Change in
Stake
PAM
101
Panagora Asset Management
Massachusetts
$1.6M +$16K +543 +1%
Bank of Montreal
102
Bank of Montreal
Ontario, Canada
$1.58M +$250K +8,469 +23%
State Board of Administration of Florida Retirement System
103
State Board of Administration of Florida Retirement System
Florida
$1.46M +$196K +6,647 +19%
American Century Companies
104
American Century Companies
Missouri
$1.42M
SO
105
STRS Ohio
Ohio
$1.41M -$133K -4,500 -10%
Thrivent Financial for Lutherans
106
Thrivent Financial for Lutherans
Minnesota
$1.29M +$1.09M +36,820 New
MIM
107
MetLife Investment Management
New Jersey
$1.26M +$1.06M +36,076 New
VOYA Investment Management
108
VOYA Investment Management
Georgia
$1.21M
AC
109
Athanor Capital
New York
$1.15M +$974K +33,000 New
SW
110
SVB Wealth
Massachusetts
$1.12M -$13.9K -470 -1%
CSS
111
Cubist Systematic Strategies
Connecticut
$1.1M -$309K -10,485 -25%
State of Wisconsin Investment Board
112
State of Wisconsin Investment Board
Wisconsin
$1.08M +$909K +30,800 New
CC
113
Cipher Capital
New York
$1.07M +$901K +30,551 New
GCM
114
GeoSphere Capital Management
Florida
$1.05M -$1.33M -45,000 -60%
AQR Capital Management
115
AQR Capital Management
Connecticut
$1.05M +$17.1K +579 +2%
SRAM
116
Stone Ridge Asset Management
New York
$988K +$834K +28,275 New
Barclays
117
Barclays
United Kingdom
$948K -$386K -13,080 -33%
MLICM
118
Metropolitan Life Insurance Company (MetLife)
New York
$891K -$804K -27,246 -52%
Teacher Retirement System of Texas
119
Teacher Retirement System of Texas
Texas
$867K +$732K +24,825 New
SG Americas Securities
120
SG Americas Securities
New York
$866K -$2.2M -74,439 -75%
Wolverine Trading
121
Wolverine Trading
Illinois
$865K +$731K +24,765 New
LM
122
Luminus Management
Texas
$817K -$8.85M -300,000 -93%
DRZID
123
DePrince Race & Zollo Inc (DRZ)
Florida
$783K -$54.1M -1,834,381 -99%
ADEF
124
Adams Diversified Equity Fund
Maryland
$772K -$192K -6,500 -23%
EGM
125
Engineers Gate Manager
New York
$727K +$614K +20,799 New

DK Hedge Fund Activity: Q4 2017 in Review

196 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q4 2017, worth a combined $2.67B — up 29% from $2.07B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new DK positions and 15 closed out — a net gain of 32 holders — while 58 added to existing stakes and 72 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $35.8M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $54.1M.

  • 196 institutional investors held Delek US (DK) as of Q4 2017, up from 164 in Q3 2017.
  • Funds reported $2.67B of Delek US stock for Q4 2017, up 29% quarter-over-quarter.
  • 47 funds opened new Delek US positions in Q4 2017 and 15 closed out, a net change of +32 holders.
  • The largest Delek US buyer in Q4 2017 was Wellington Management Group, an estimated $35.8M added.
  • The largest Delek US seller in Q4 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $54.1M sold.

Based on aggregated 13F filings for Q4 2017.