CVR Partners
50 hedge funds and large institutions have $143M invested in CVR Partners in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 15 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
0.25% more ownership
Funds ownership: 3.45% → 3.7% (+0.25%)
4% less capital invested
Capital invested by funds: $149M → $143M (-$6.32M)
6% less funds holding
Funds holding: 53 → 50 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
34% less call options, than puts
Call options by funds: $106K | Put options by funds: $160K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.8M |
| 2 |
Citigroup
New York
|
+$3.54M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.91M |
| 4 |
Goldman Sachs
New York
|
+$1.85M |
| 5 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$971K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.75M |
| 2 |
CI
Cowen Inc
New York
|
-$1.02M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$597K |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$481K |
| 5 |
First Manhattan
New York
|
-$381K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
51
Cowen Inc
New York
| – | -$1.02M | -26,654 | Closed |
|
|
IG
52
ING Group
Amsterdam,
Netherlands
| – | -$597K | -15,660 | Closed |
|
|
B
53
Barings
Charlotte,
North Carolina
| – | -$481K | -12,632 | Closed |
|
|
54
First Manhattan
New York
| – | -$381K | -10,000 | Closed |
|
|
IECM
55
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$381K | -10,000 | Closed |
|
|
QOP
56
Quinn Opportunity Partners
Charlottesville,
Virginia
| – | -$322K | -8,443 | Closed |
|
57
Walleye Trading
New York
| – | -$87K | -2,290 | Closed |
|
|
NFA
58
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$51K | -1,346 | Closed |
|
|
SWM
59
Stockman Wealth Management
Billings,
Montana
| – | -$43K | -1,118 | Closed |
|
|
PAG
60
Private Advisor Group
Morristown,
New Jersey
| – | -$38K | -1,010 | Closed |
|
|
AIM
61
Aspen Investment Management
Grand Rapids,
Michigan
| – | -$38K | -1,000 | Closed |
|
|
IA
62
IFP Advisors
Tampa,
Florida
| – | -$28K | -731 | Closed |
|
|
SPIA
63
Steward Partners Investment Advisory
New York
| – | -$4K | -100 | Closed |
|
|
TRCT
64
Tower Research Capital (TRC)
New York
| – | -$2K | -55 | Closed |
|
UAN Hedge Fund Activity: Q4 2018 in Review
50 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CVR Partners (UAN) for Q4 2018, worth a combined $143M — down 4.2% from $149M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of UAN and 12 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 16 added.
The largest buyer was JP Morgan Chase, adding an estimated $3.8M. The largest seller was Morgan Stanley, cutting an estimated $1.75M.
- 50 institutional investors held CVR Partners (UAN) as of Q4 2018, down from 53 in Q3 2018.
- Funds reported $143M of CVR Partners stock for Q4 2018, down 4.2% quarter-over-quarter.
- 12 funds opened new CVR Partners positions in Q4 2018 and 15 closed out, a net change of -3 holders.
- The largest CVR Partners buyer in Q4 2018 was JP Morgan Chase, an estimated $3.8M added.
- The largest CVR Partners seller in Q4 2018 was Morgan Stanley, an estimated $1.75M sold.
Based on aggregated 13F filings for Q4 2018.