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266 hedge funds and large institutions have $2.61B invested in Delek US in 2018 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 83 increasing their positions, 100 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

15% more call options, than puts

Call options by funds: $14.5M | Put options by funds: $12.7M

0.94% less ownership

Funds ownership: 99.51%98.57% (-0.94%)

5% less funds holding

Funds holding: 281266 (-15)

17% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 100

18% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 67

28% less capital invested

Capital invested by funds: $3.65B → $2.61B (-$1.03B)

Holders
266
Holders Change
-15
Holders Change %
-5.34%
% of All Funds
5.93%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.13%
New
55
Increased
83
Reduced
100
Closed
67
Calls
$14.5M
Puts
$12.7M
Net Calls
+$1.89M
Net Calls Change
-$58.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$264M +$21.2M +560,189 +7%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$252M -$99.9M -2,642,982 -25%
BlackRock
3
BlackRock
New York
$186M -$4.42M -116,955 -2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$161M -$4.36M -115,209 -2%
MMH
5
Menora Mivtachim Holdings
Israel
$120M +$140M +3,696,670 New
Wellington Management Group
6
Wellington Management Group
Massachusetts
$98.7M -$48.4M -1,279,269 -30%
State Street
7
State Street
Massachusetts
$93.2M -$5.6M -148,000 -5%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$78M -$19.8M -522,854 -18%
Goldman Sachs
9
Goldman Sachs
New York
$73.5M -$82.7M -2,188,253 -49%
Northern Trust
10
Northern Trust
Illinois
$60.4M -$1.3M -34,450 -2%
Point72 Asset Management
11
Point72 Asset Management
Connecticut
$55.4M -$45.1M -1,191,778 -41%
Principal Financial Group
12
Principal Financial Group
Iowa
$52.7M +$40.9M +1,082,837 +201%
Victory Capital Management
13
Victory Capital Management
Texas
$50.9M -$12.7M -337,011 -18%
IAM
14
Ion Asset Management
Israel
$48.7M +$12.7M +334,832 +29%
Macquarie Group
15
Macquarie Group
Australia
$47.2M +$443K +11,718 +0.8%
Millennium Management
16
Millennium Management
New York
$46.5M +$49.5M +1,309,931 +1,092%
TCIM
17
TIAA CREF Investment Management
New York
$43.3M +$10.1M +267,177 +25%
Norges Bank
18
Norges Bank
Norway
$42.9M +$3.44M +91,063 +7%
TA
19
Teachers Advisors
New York
$33.6M +$9.65M +255,304 +33%
LSV Asset Management
20
LSV Asset Management
Illinois
$33.2M +$37.3M +986,900 +2,764%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$32.1M +$1.74M +46,048 +5%
Fisher Asset Management
22
Fisher Asset Management
Washington
$30.7M +$4.52M +119,429 +14%
N
23
Nuveen
North Carolina
$29.8M -$9.62M -254,414 -22%
CHP
24
Castle Hook Partners
New York
$29.4M -$17.9M -472,713 -34%
DG
25
Delek Group
Israel
$29M +$12.1M +320,000 +58%

DK Hedge Fund Activity: Q4 2018 in Review

266 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Delek US (DK) for Q4 2018, worth a combined $2.61B — down 28% from $3.65B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of DK and 55 opened new positions — a net loss of 12 holders — while 100 trimmed existing stakes and 83 added.

The largest buyer was Menora Mivtachim Holdings, opening a new position worth an estimated $140M. The largest seller was Fidelity Investments, cutting an estimated $99.9M.

  • 266 institutional investors held Delek US (DK) as of Q4 2018, down from 281 in Q3 2018.
  • Funds reported $2.61B of Delek US stock for Q4 2018, down 28% quarter-over-quarter.
  • 55 funds opened new Delek US positions in Q4 2018 and 67 closed out, a net change of -12 holders.
  • The largest Delek US buyer in Q4 2018 was Menora Mivtachim Holdings, an estimated $140M added.
  • The largest Delek US seller in Q4 2018 was Fidelity Investments, an estimated $99.9M sold.

Based on aggregated 13F filings for Q4 2018.