Delek US
155 hedge funds and large institutions have $865M invested in Delek US in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 70 increasing their positions, 58 reducing their positions, and 51 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 58
1.52% more ownership
Funds ownership: 66.79% → 68.3% (+1.5%)
21% less funds holding
Funds holding: 195 → 155 (-40)
25% less capital invested
Capital invested by funds: $1.15B → $865M (-$282M)
64% less call options, than puts
Call options by funds: $1.32M | Put options by funds: $3.69M
71% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 51
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$57.4M |
| 2 |
Renaissance Technologies
New York
|
+$15.9M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$14.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.6M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31.3M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$14M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$11.2M |
| 4 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$10.4M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$9.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Creative Planning
Overland Park,
Kansas
| – | -$138K | -4,800 | Closed |
|
|
OA
202
OFI Advisors
Philadelphia,
Pennsylvania
| – | -$127K | -4,398 | Closed |
|
|
TEC
203
Tiger Eye Capital
Nashville,
Tennessee
| – | -$65K | -2,258 | Closed |
|
|
OWP
204
Obermeyer Wealth Partners
Aspen,
Colorado
| – | -$54K | -1,873 | Closed |
|
205
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$52K | -1,800 | Closed |
|
|
TRCT
206
Tower Research Capital (TRC)
New York
| – | -$26K | -894 | Closed |
|
|
CAM
207
ClariVest Asset Management
San Diego,
California
| – | -$3K | -100 | Closed |
|
DK Hedge Fund Activity: Q3 2013 in Review
155 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q3 2013, worth a combined $865M — down 25% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of DK and 15 opened new positions — a net loss of 36 holders — while 58 trimmed existing stakes and 70 added.
The largest buyer was VanEck Associates, adding an estimated $57.4M. The largest seller was Morgan Stanley, cutting an estimated $31.3M.
- 155 institutional investors held Delek US (DK) as of Q3 2013, down from 195 in Q2 2013.
- Funds reported $865M of Delek US stock for Q3 2013, down 25% quarter-over-quarter.
- 15 funds opened new Delek US positions in Q3 2013 and 51 closed out, a net change of -36 holders.
- The largest Delek US buyer in Q3 2013 was VanEck Associates, an estimated $57.4M added.
- The largest Delek US seller in Q3 2013 was Morgan Stanley, an estimated $31.3M sold.
Based on aggregated 13F filings for Q3 2013.