Par Pacific Holdings
PARR
142 hedge funds and large institutions have $451M invested in Par Pacific Holdings in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 70 increasing their positions, 35 reducing their positions, and 29 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 35
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
30% more capital invested
Capital invested by funds: $348M → $451M (+$103M)
1.73% more ownership
Funds ownership: 91.41% → 93.14% (+1.7%)
8% less funds holding
Funds holding: 154 → 142 (-12)
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $18K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$22.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.58M |
| 3 |
DIM
DC Investments Management
Mclean,
Virginia
|
+$4.09M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$3.65M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$6.85M |
| 3 |
Renaissance Technologies
New York
|
-$6.11M |
| 4 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$5.38M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.61M |
PARR Hedge Fund Activity: Q2 2020 in Review
142 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Par Pacific Holdings (PARR) for Q2 2020, worth a combined $451M — up 30% from $348M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PARR and 17 opened new positions — a net loss of 12 holders — while 35 trimmed existing stakes and 70 added.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $22.4M. The largest seller was Credit Suisse, cutting an estimated $10.8M.
- 142 institutional investors held Par Pacific Holdings (PARR) as of Q2 2020, down from 154 in Q1 2020.
- Funds reported $451M of Par Pacific Holdings stock for Q2 2020, up 30% quarter-over-quarter.
- 17 funds opened new Par Pacific Holdings positions in Q2 2020 and 29 closed out, a net change of -12 holders.
- The largest Par Pacific Holdings buyer in Q2 2020 was Rubric Capital Management (New York), an estimated $22.4M added.
- The largest Par Pacific Holdings seller in Q2 2020 was Credit Suisse, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2020.