Delek US
181 hedge funds and large institutions have $3.35B invested in Delek US in 2014 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 27 closing their positions.
124% more capital invested
Capital invested by funds: $1.5B → $3.35B (+$1.85B)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
8% more funds holding
Funds holding: 167 → 181 (+14)
4.61% less ownership
Funds ownership: 89.24% → 84.63% (-4.6%)
22% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 69
23% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $4.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$42.3M |
| 2 |
Morgan Stanley
New York
|
+$17.6M |
| 3 |
D.E. Shaw & Co
New York
|
+$17.3M |
| 4 |
Two Sigma Investments
New York
|
+$15.5M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$54M |
| 2 |
Millennium Management
New York
|
-$39.4M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$20.3M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19.6M |
| 5 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$17.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SEC
201
Seven Eight Capital
New York
| – | -$231K | -8,200 | Closed |
|
202
Creative Planning
Overland Park,
Kansas
| – | -$157K | -5,550 | Closed |
|
|
VFA
203
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$143K | -5,064 | Closed |
|
|
IPC
204
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$38K | -1,340 | Closed |
|
|
OSAM
205
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$24K | -852 | Closed |
|
206
US Bancorp
Minneapolis,
Minnesota
| – | -$14K | -500 | Closed |
|
|
S
207
SignatureFD
Atlanta,
Georgia
| – | -$10K | -340 | Closed |
|
|
GSC
208
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$5K | -167 | Closed |
|
DK Hedge Fund Activity: Q3 2014 in Review
181 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q3 2014, worth a combined $3.35B — up 124% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new DK positions and 27 closed out — a net gain of 15 holders — while 54 added to existing stakes and 69 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $42.3M. The largest seller was VanEck Associates, cutting an estimated $54M.
- 181 institutional investors held Delek US (DK) as of Q3 2014, up from 167 in Q2 2014.
- Funds reported $3.35B of Delek US stock for Q3 2014, up 124% quarter-over-quarter.
- 42 funds opened new Delek US positions in Q3 2014 and 27 closed out, a net change of +15 holders.
- The largest Delek US buyer in Q3 2014 was Cambiar Investors, an estimated $42.3M added.
- The largest Delek US seller in Q3 2014 was VanEck Associates, an estimated $54M sold.
Based on aggregated 13F filings for Q3 2014.