Delek US
163 hedge funds and large institutions have $764M invested in Delek US in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 67 increasing their positions, 46 reducing their positions, and 37 closing their positions.
1,265% more call options, than puts
Call options by funds: $30.5M | Put options by funds: $2.23M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
46% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 46
7.4% more ownership
Funds ownership: 86.21% → 93.61% (+7.4%)
6% less capital invested
Capital invested by funds: $816M → $764M (-$51.6M)
7% less funds holding
Funds holding: 175 → 163 (-12)
27% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$39.6M |
| 2 |
SV
Starboard Value
New York
|
+$26.3M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$9.43M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.94M |
| 5 |
ACM
Anandar Capital Management
New York
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$16.1M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$11.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$10.4M |
| 4 |
JP Morgan Chase
New York
|
-$9.12M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.17M |
DK Hedge Fund Activity: Q2 2016 in Review
163 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q2 2016, worth a combined $764M — down 6.3% from $816M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of DK and 27 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 67 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $39.6M. The largest seller was D.E. Shaw & Co, cutting an estimated $16.1M.
- 163 institutional investors held Delek US (DK) as of Q2 2016, down from 175 in Q1 2016.
- Funds reported $764M of Delek US stock for Q2 2016, down 6.3% quarter-over-quarter.
- 27 funds opened new Delek US positions in Q2 2016 and 37 closed out, a net change of -10 holders.
- The largest Delek US buyer in Q2 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $39.6M added.
- The largest Delek US seller in Q2 2016 was D.E. Shaw & Co, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2016.