Murphy USA
MUSA
278 hedge funds and large institutions have $2.06B invested in Murphy USA in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 80 increasing their positions, 101 reducing their positions, and 48 closing their positions.
141% more call options, than puts
Call options by funds: $42.4M | Put options by funds: $17.6M
3% less funds holding
Funds holding: 287 → 278 (-9)
7.19% less ownership
Funds ownership: 90.72% → 83.53% (-7.2%)
19% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 48
21% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 101
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
84% less capital invested
Capital invested by funds: $13B → $2.06B (-$11B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$16.2M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$9.79M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.03M |
| 4 |
PC
Precocity Capital
Stamford,
Connecticut
|
+$7.89M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$10.6B |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$67.1M |
| 3 |
CB
Cadence Bank
Tupelo,
Mississippi
|
-$22.1M |
| 4 |
SFM
Signature Financial Management
Norfolk,
Virginia
|
-$17.6M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$15.9M |
MUSA Hedge Fund Activity: Q4 2018 in Review
278 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Murphy USA (MUSA) for Q4 2018, worth a combined $2.06B — down 84% from $13B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of MUSA and 39 opened new positions — a net loss of 9 holders — while 101 trimmed existing stakes and 80 added.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $16.2M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $10.6B sold.
- 278 institutional investors held Murphy USA (MUSA) as of Q4 2018, down from 287 in Q3 2018.
- Funds reported $2.06B of Murphy USA stock for Q4 2018, down 84% quarter-over-quarter.
- 39 funds opened new Murphy USA positions in Q4 2018 and 48 closed out, a net change of -9 holders.
- The largest Murphy USA buyer in Q4 2018 was Intrinsic Edge Capital Management, an estimated $16.2M added.
- The largest Murphy USA seller in Q4 2018 was SPX Gestao de Recursos, an estimated $10.6B sold.
Based on aggregated 13F filings for Q4 2018.