KapStone Paper and Pack Corp.
KS
KS was delisted on the 2nd of November, 2018.
195 hedge funds and large institutions have $2.77B invested in KapStone Paper and Pack Corp. in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 72 increasing their positions, 58 reducing their positions, and 30 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 58
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1% less capital invested
Capital invested by funds: $2.79B → $2.77B (-$16.5M)
7% less funds holding
Funds holding: 209 → 195 (-14)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
93% less call options, than puts
Call options by funds: $498K | Put options by funds: $7.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Manikay Partners
New York
|
+$19.4M |
| 2 |
Morgan Stanley
New York
|
+$18.8M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$17.8M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$17.2M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
-$30.8M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$30.5M |
| 3 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
-$26M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$25.4M |
| 5 |
YCMGA
York Capital Management Global Advisors
New York
|
-$23M |
KS Hedge Fund Activity: Q3 2018 in Review
195 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in KapStone Paper and Pack Corp. (KS) for Q3 2018, worth a combined $2.77B — down 0.59% from $2.79B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of KS and 18 opened new positions — a net loss of 12 holders — while 58 trimmed existing stakes and 72 added.
The largest buyer was Manikay Partners, opening a new position worth an estimated $19.4M. The largest seller was Water Island Capital, cutting an estimated $30.8M.
- 195 institutional investors held KapStone Paper and Pack Corp. (KS) as of Q3 2018, down from 209 in Q2 2018.
- Funds reported $2.77B of KapStone Paper and Pack Corp. stock for Q3 2018, down 0.59% quarter-over-quarter.
- 18 funds opened new KapStone Paper and Pack Corp. positions in Q3 2018 and 30 closed out, a net change of -12 holders.
- The largest KapStone Paper and Pack Corp. buyer in Q3 2018 was Manikay Partners, an estimated $19.4M added.
- The largest KapStone Paper and Pack Corp. seller in Q3 2018 was Water Island Capital, an estimated $30.8M sold.
Based on aggregated 13F filings for Q3 2018.