Par Pacific Holdings
PARR
94 hedge funds and large institutions have $635M invested in Par Pacific Holdings in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
16% more capital invested
Capital invested by funds: $546M → $635M (+$88.7M)
3% more funds holding
Funds holding: 91 → 94 (+3)
1.98% more ownership
Funds ownership: 82.55% → 84.53% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$30.6M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$15.6M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$4.31M |
| 4 |
BRCA
Birch Run Capital Advisors
Dallas,
Texas
|
+$3.62M |
| 5 |
WCM
Waterstone Capital Management
St. Louis Park,
Minnesota
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.6M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$7.24M |
| 3 |
NCM
Numina Capital Management
New York
|
-$4.23M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.1M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Squarepoint
New York
| – | -$210K | -14,460 | Closed |
|
102
JP Morgan Chase
New York
| – | -$134K | -9,205 | Closed |
|
|
CG
103
Cutler Group
San Francisco,
California
| – | -$101K | -7,002 | Closed |
|
104
Group One Trading
Chicago,
Illinois
| – | -$49K | -3,399 | Closed |
|
|
CSS
105
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$7K | -496 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | -$1K | -39 | Closed |
|
PARR Hedge Fund Activity: Q1 2017 in Review
94 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Par Pacific Holdings (PARR) for Q1 2017, worth a combined $635M — up 16% from $546M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PARR positions and 13 closed out — a net gain of 9 holders — while 30 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $30.6M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $12.6M sold.
- 94 institutional investors held Par Pacific Holdings (PARR) as of Q1 2017, up from 91 in Q4 2016.
- Funds reported $635M of Par Pacific Holdings stock for Q1 2017, up 16% quarter-over-quarter.
- 22 funds opened new Par Pacific Holdings positions in Q1 2017 and 13 closed out, a net change of +9 holders.
- The largest Par Pacific Holdings buyer in Q1 2017 was BlackRock, an estimated $30.6M added.
- The largest Par Pacific Holdings seller in Q1 2017 was Point72 Asset Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2017.