Par Pacific Holdings
PARR
154 hedge funds and large institutions have $348M invested in Par Pacific Holdings in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 26 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
0% more funds holding
Funds holding: 154 → 154 (0)
5.35% less ownership
Funds ownership: 96.87% → 91.52% (-5.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
70% less capital invested
Capital invested by funds: $1.15B → $348M (-$804M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $16K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$15.3M |
| 2 |
BRCA
Birch Run Capital Advisors
Dallas,
Texas
|
+$5.47M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.75M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$4.37M |
| 5 |
Renaissance Technologies
New York
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32M |
| 2 |
Millennium Management
New York
|
-$9.67M |
| 3 |
Morgan Stanley
New York
|
-$5.89M |
| 4 |
KBC Group
Brussels,
Belgium
|
-$3.76M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$3.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
AssetMark Inc
Concord,
California
| – | -$919 | -55 | -60% |
|
|
HGWM
177
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$334 | +20 | New |
|
|
GWS
178
Glassman Wealth Services
Vienna,
Virginia
| – | +$602 | +36 | New |
|
|
CG
179
Cutler Group
San Francisco,
California
| – | +$1.67K | +100 | New |
|
PARR Hedge Fund Activity: Q1 2020 in Review
154 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Par Pacific Holdings (PARR) for Q1 2020, worth a combined $348M — down 70% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PARR positions and 26 closed out — a net gain of 2 holders — while 57 added to existing stakes and 44 trimmed.
The largest buyer was Park West Asset Management, adding an estimated $15.3M. The largest seller was Fidelity Investments, cutting an estimated $32M.
- 154 institutional investors held Par Pacific Holdings (PARR) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $348M of Par Pacific Holdings stock for Q1 2020, down 70% quarter-over-quarter.
- 28 funds opened new Par Pacific Holdings positions in Q1 2020 and 26 closed out, a net change of +2 holders.
- The largest Par Pacific Holdings buyer in Q1 2020 was Park West Asset Management, an estimated $15.3M added.
- The largest Par Pacific Holdings seller in Q1 2020 was Fidelity Investments, an estimated $32M sold.
Based on aggregated 13F filings for Q1 2020.