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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.

New
Increased
Maintained
Reduced
Closed

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: 195155 (-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: 10 (-1)

Holders
155
Holders Change
-40
Holders Change %
-20.51%
% of All Funds
5.03%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
70
Reduced
58
Closed
51
Calls
$1.32M
Puts
$3.69M
Net Calls
-$2.37M
Net Calls Change
-$2.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$67.5M +$15.9M +602,600 +23%
Vanguard Group
2
Vanguard Group
Pennsylvania
$60.2M +$5.64M +213,464 +8%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$54.2M +$1.62M +61,320 +2%
VanEck Associates
4
VanEck Associates
New York
$45.9M +$57.4M +2,173,356 +52,751%
SCM
5
Steadfast Capital Management
New York
$39.3M +$14.1M +535,568 +40%
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$38.8M -$14M -529,025 -22%
CGI
7
CI Global Investments
California
$29.1M -$225K -8,500 -0.6%
State Street
8
State Street
Massachusetts
$26.7M +$6.28M +237,759 +23%
JP Morgan Chase
9
JP Morgan Chase
New York
$25.4M +$3.79M +143,368 +14%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$24.3M +$10.6M +401,091 +54%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$23.2M +$3.99M +151,100 +16%
BFA
12
BlackRock Fund Advisors
California
$21.4M +$3.05M +115,438 +13%
BIT
13
BlackRock Institutional Trust
California
$19.7M -$9.73M -368,131 -28%
Allianz Asset Management
14
Allianz Asset Management
Germany
$17.3M +$2.92M +110,613 +16%
Northern Trust
15
Northern Trust
Illinois
$17.2M +$5.8M +219,362 +37%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$17M +$8.71M +329,800 +69%
NI
17
Numeric Investors
Massachusetts
$16.1M +$10.1M +381,695 +100%
Deutsche Bank
18
Deutsche Bank
Germany
$15.2M +$12.6M +476,674 +196%
HCM
19
Highbridge Capital Management
New York
$13.8M +$6.43M +243,486 +60%
American Century Companies
20
American Century Companies
Missouri
$11.5M -$9.24M -349,686 -39%
EAM
21
Eagle Asset Management
Florida
$10.8M -$6.52M -246,968 -33%
OMC
22
Overbrook Management Corp
New York
$9.9M -$1.99M -75,405 -14%
Millennium Management
23
Millennium Management
New York
$9.8M -$8.48M -321,067 -41%
CS
24
Credit Suisse
Switzerland
$9.34M +$9.5M +359,723 +432%
GAM
25
Gotham Asset Management
New York
$9.28M +$9.35M +353,994 +412%

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.