Par Pacific Holdings
PARR
93 hedge funds and large institutions have $365M invested in Par Pacific Holdings in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 20 closing their positions.
2.34% more ownership
Funds ownership: 46.24% → 48.58% (+2.3%)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
6% less funds holding
Funds holding: 99 → 93 (-6)
19% less capital invested
Capital invested by funds: $449M → $365M (-$84.3M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$14.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.3M |
| 3 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$6.84M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$5.71M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$7.14M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$6.12M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$4.7M |
| 4 |
JP Morgan Chase
New York
|
-$2.4M |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$1.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
101
Dialectic Capital Management
Norwalk,
Connecticut
| – | -$561K | -23,795 | Closed |
|
|
GIA
102
Gargoyle Investment Advisor
Englewood,
New Jersey
| – | -$542K | -23,022 | Closed |
|
|
AI
103
Analytic Investors
Los Angeles,
California
| – | -$465K | -19,781 | Closed |
|
104
Norges Bank
Oslo,
Norway
| – | -$306K | -13,000 | Closed |
|
|
B
105
Bailard
Foster City,
California
| – | -$282K | -12,000 | Closed |
|
106
D.E. Shaw & Co
New York
| – | -$236K | -10,035 | Closed |
|
107
Prudential Financial
Newark,
New Jersey
| – | -$228K | -9,700 | Closed |
|
108
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$121K | -5,154 | Closed |
|
|
FMT
109
First Mercantile Trust
Cordova,
Tennessee
| – | -$106K | -4,500 | Closed |
|
|
AFP
110
Ausdal Financial Partners
Davenport,
Iowa
| – | -$24K | -1,000 | Closed |
|
111
Simplex Trading
Chicago,
Illinois
| – | -$1K | -47 | Closed |
|
112
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -39 | Closed |
|
PARR Hedge Fund Activity: Q1 2016 in Review
93 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Par Pacific Holdings (PARR) for Q1 2016, worth a combined $365M — down 19% from $449M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PARR and 14 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 34 added.
The largest buyer was Acadian Asset Management, adding an estimated $14.3M. The largest seller was Whitebox Advisors, cutting an estimated $7.14M.
- 93 institutional investors held Par Pacific Holdings (PARR) as of Q1 2016, down from 99 in Q4 2015.
- Funds reported $365M of Par Pacific Holdings stock for Q1 2016, down 19% quarter-over-quarter.
- 14 funds opened new Par Pacific Holdings positions in Q1 2016 and 20 closed out, a net change of -6 holders.
- The largest Par Pacific Holdings buyer in Q1 2016 was Acadian Asset Management, an estimated $14.3M added.
- The largest Par Pacific Holdings seller in Q1 2016 was Whitebox Advisors, an estimated $7.14M sold.
Based on aggregated 13F filings for Q1 2016.