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Murphy USA

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.

New
Increased
Maintained
Reduced
Closed

141% more call options, than puts

Call options by funds: $42.4M | Put options by funds: $17.6M

3% less funds holding

Funds holding: 287278 (-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: 43 (-1)

84% less capital invested

Capital invested by funds: $13B → $2.06B (-$11B)

Holders
278
Holders Change
-9
Holders Change %
-3.14%
% of All Funds
6.19%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
39
Increased
80
Reduced
101
Closed
48
Calls
$42.4M
Puts
$17.6M
Net Calls
+$24.8M
Net Calls Change
-$2.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$267M +$4.97M +63,059 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$218M +$7.78M +98,719 +4%
JP Morgan Chase
3
JP Morgan Chase
New York
$112M -$15M -189,629 -11%
ClearBridge Investments
4
ClearBridge Investments
New York
$93.5M +$1.55M +19,638 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$92.1M +$812K +10,302 +0.9%
State Street
6
State Street
Massachusetts
$89.8M -$7.29M -92,435 -7%
AQR Capital Management
7
AQR Capital Management
Connecticut
$54.9M -$1.13M -14,335 -2%
LSV Asset Management
8
LSV Asset Management
Illinois
$50.2M -$67.1M -851,460 -57%
SAM
9
Southernsun Asset Management
Tennessee
$48.7M -$15.9M -201,430 -24%
SAM
10
Silvercrest Asset Management
New York
$39.7M -$1.21M -15,366 -3%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$38.9M +$4.91M +62,303 +14%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$38.2M -$409K -5,190 -1%
AllianceBernstein
13
AllianceBernstein
Tennessee
$36.3M +$1.9M +24,113 +5%
Northern Trust
14
Northern Trust
Illinois
$36.3M -$179K -2,265 -0.5%
Fuller & Thaler Asset Management
15
Fuller & Thaler Asset Management
California
$36.3M +$3.04M +38,608 +9%
CB
16
Cadence Bank
Mississippi
$33M -$22.1M -279,777 -39%
Brown Advisory
17
Brown Advisory
Maryland
$31.4M +$2.89M +36,649 +10%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$27.2M -$1.35M -17,091 -5%
RRAM
19
River Road Asset Management
Kentucky
$26.5M -$6.28M -79,671 -19%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$26.2M -$2.41M -30,560 -8%
Norges Bank
21
Norges Bank
Norway
$25.9M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$25.2M +$2.31M +29,309 +10%
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$20.4M +$3.92M +49,700 +23%
Goldman Sachs
24
Goldman Sachs
New York
$19.7M -$4.65M -58,941 -19%
HighTower Advisors
25
HighTower Advisors
Illinois
$18.6M -$1.86M -23,545 -9%

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.