Delek US
167 hedge funds and large institutions have $1.4B invested in Delek US in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 40 increasing their positions, 66 reducing their positions, and 34 closing their positions.
62% more capital invested
Capital invested by funds: $865M → $1.4B (+$538M)
35% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 34
8% more funds holding
Funds holding: 155 → 167 (+12)
0.31% less ownership
Funds ownership: 68.3% → 67.99% (-0.31%)
17% less call options, than puts
Call options by funds: $3.1M | Put options by funds: $3.72M
39% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$34.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$30.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$27.4M |
| 4 |
MAI
Marble Arch Investments
New York
|
+$20.6M |
| 5 |
CCI
Columbus Circle Investors
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$48.6M |
| 2 |
CGI
CI Global Investments
Oakland,
California
|
-$25.8M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$21.5M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$21M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.9M |
DK Hedge Fund Activity: Q4 2013 in Review
167 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q4 2013, worth a combined $1.4B — up 62% from $865M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new DK positions and 34 closed out — a net gain of 12 holders — while 40 added to existing stakes and 66 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $34.2M. The largest seller was Renaissance Technologies, cutting an estimated $48.6M.
- 167 institutional investors held Delek US (DK) as of Q4 2013, up from 155 in Q3 2013.
- Funds reported $1.4B of Delek US stock for Q4 2013, up 62% quarter-over-quarter.
- 46 funds opened new Delek US positions in Q4 2013 and 34 closed out, a net change of +12 holders.
- The largest Delek US buyer in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $34.2M added.
- The largest Delek US seller in Q4 2013 was Renaissance Technologies, an estimated $48.6M sold.
Based on aggregated 13F filings for Q4 2013.