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280 hedge funds and large institutions have $3.65B invested in Delek US in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 101 increasing their positions, 94 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $82.5M | Put options by funds: $22.4M

26% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 42

4% more funds holding

Funds holding: 270280 (+10)

7% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 94

0.33% more ownership

Funds ownership: 99.18%99.51% (+0.33%)

13% less capital invested

Capital invested by funds: $4.18B → $3.65B (-$533M)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
280
Holders Change
+10
Holders Change %
+3.7%
% of All Funds
6.4%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
53
Increased
101
Reduced
94
Closed
42
Calls
$82.5M
Puts
$22.4M
Net Calls
+$60.1M
Net Calls Change
+$30.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$441M +$23.1M +468,853 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$321M +$2.97M +60,214 +0.8%
BlackRock
3
BlackRock
New York
$247M +$1.04M +21,141 +0.4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$215M -$18.5M -374,486 -7%
Goldman Sachs
5
Goldman Sachs
New York
$189M +$157M +3,172,344 +249%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$183M -$73.9M -1,498,328 -26%
State Street
7
State Street
Massachusetts
$128M +$21.7M +440,081 +17%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$124M -$568K -11,506 -0.4%
Point72 Asset Management
9
Point72 Asset Management
Connecticut
$123M +$26.4M +534,980 +23%
Victory Capital Management
10
Victory Capital Management
Texas
$80.7M +$9M +182,351 +11%
Northern Trust
11
Northern Trust
Illinois
$80.4M -$1.73M -35,087 -2%
Macquarie Group
12
Macquarie Group
Australia
$61M +$5.34M +108,224 +8%
CHP
13
Castle Hook Partners
New York
$58.4M +$8.2M +166,159 +14%
Citadel Advisors
14
Citadel Advisors
Florida
$56.1M +$42.9M +869,392 +192%
Norges Bank
15
Norges Bank
Norway
$52.1M -$1.82M -36,959 -3%
JP Morgan Chase
16
JP Morgan Chase
New York
$51.8M -$17.6M -357,510 -23%
N
17
Nuveen
North Carolina
$49.6M +$2.89M +58,652 +5%
IAM
18
Ion Asset Management
Israel
$49.3M +$12M +242,473 +26%
TCIM
19
TIAA CREF Investment Management
New York
$45.1M -$7.78M -157,668 -13%
Charles Schwab
20
Charles Schwab
California
$40.4M -$6.44M -130,596 -12%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$40M +$3.7M +75,053 +9%
Fisher Asset Management
22
Fisher Asset Management
Washington
$35.1M +$3.88M +78,576 +11%
AIM
23
Artemis Investment Management
United Kingdom
$35M +$11.8M +239,690 +41%
TA
24
Teachers Advisors
New York
$33M -$878K -17,786 -2%
SFM
25
Systematic Financial Management
New Jersey
$25.1M +$6.18M +125,267 +27%

DK Hedge Fund Activity: Q3 2018 in Review

280 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q3 2018, worth a combined $3.65B — down 13% from $4.18B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new DK positions and 42 closed out — a net gain of 11 holders — while 101 added to existing stakes and 94 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $157M. The largest seller was Millennium Management, cutting an estimated $105M.

  • 280 institutional investors held Delek US (DK) as of Q3 2018, up from 270 in Q2 2018.
  • Funds reported $3.65B of Delek US stock for Q3 2018, down 13% quarter-over-quarter.
  • 53 funds opened new Delek US positions in Q3 2018 and 42 closed out, a net change of +11 holders.
  • The largest Delek US buyer in Q3 2018 was Goldman Sachs, an estimated $157M added.
  • The largest Delek US seller in Q3 2018 was Millennium Management, an estimated $105M sold.

Based on aggregated 13F filings for Q3 2018.