Murphy USA
MUSA
287 hedge funds and large institutions have $2.48B invested in Murphy USA in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 57 increasing their positions, 107 reducing their positions, and 25 closing their positions.
120% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 25
115% more call options, than puts
Call options by funds: $51.4M | Put options by funds: $23.9M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
10% more funds holding
Funds holding: 260 → 287 (+27)
7% more capital invested
Capital invested by funds: $2.33B → $2.48B (+$156M)
3.92% less ownership
Funds ownership: 94.26% → 90.34% (-3.9%)
47% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$33.6M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$27.2M |
| 3 |
SFM
Signature Financial Management
Norfolk,
Virginia
|
+$23.3M |
| 4 |
ClearBridge Investments
New York
|
+$20.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$125M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$92.5M |
| 3 |
CB
Cadence Bank
Tupelo,
Mississippi
|
-$26.8M |
| 4 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$22.7M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$12.7M |
MUSA Hedge Fund Activity: Q3 2018 in Review
287 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Murphy USA (MUSA) for Q3 2018, worth a combined $2.48B — up 6.7% from $2.33B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new MUSA positions and 25 closed out — a net gain of 30 holders — while 57 added to existing stakes and 107 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $33.6M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $125M sold.
- 287 institutional investors held Murphy USA (MUSA) as of Q3 2018, up from 260 in Q2 2018.
- Funds reported $2.48B of Murphy USA stock for Q3 2018, up 6.7% quarter-over-quarter.
- 55 funds opened new Murphy USA positions in Q3 2018 and 25 closed out, a net change of +30 holders.
- The largest Murphy USA buyer in Q3 2018 was AllianceBernstein, an estimated $33.6M added.
- The largest Murphy USA seller in Q3 2018 was Iridian Asset Management, an estimated $125M sold.
Based on aggregated 13F filings for Q3 2018.