Par Pacific Holdings
PARR
143 hedge funds and large institutions have $845M invested in Par Pacific Holdings in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 45 reducing their positions, and 22 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 45
18% more call options, than puts
Call options by funds: $120K | Put options by funds: $102K
16% more capital invested
Capital invested by funds: $731M → $845M (+$115M)
0.14% less ownership
Funds ownership: 91.63% → 91.49% (-0.14%)
5% less funds holding
Funds holding: 150 → 143 (-7)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$13.2M |
| 2 |
BlackRock
New York
|
+$12.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.37M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.27M |
| 5 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$13.8M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$9.68M |
| 3 |
TA
Tiptree Advisors
New York
|
-$8.5M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$7.64M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$6.54M |
PARR Hedge Fund Activity: Q3 2018 in Review
143 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Par Pacific Holdings (PARR) for Q3 2018, worth a combined $845M — up 16% from $731M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PARR and 17 opened new positions — a net loss of 5 holders — while 45 trimmed existing stakes and 55 added.
The largest buyer was Park West Asset Management, adding an estimated $13.2M. The largest seller was Whitebox Advisors, cutting an estimated $13.8M.
- 143 institutional investors held Par Pacific Holdings (PARR) as of Q3 2018, down from 150 in Q2 2018.
- Funds reported $845M of Par Pacific Holdings stock for Q3 2018, up 16% quarter-over-quarter.
- 17 funds opened new Par Pacific Holdings positions in Q3 2018 and 22 closed out, a net change of -5 holders.
- The largest Par Pacific Holdings buyer in Q3 2018 was Park West Asset Management, an estimated $13.2M added.
- The largest Par Pacific Holdings seller in Q3 2018 was Whitebox Advisors, an estimated $13.8M sold.
Based on aggregated 13F filings for Q3 2018.