Exco Resources
XCO
XCO was delisted on the 22nd of December, 2017.
158 hedge funds and large institutions have $957M invested in Exco Resources in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 77 reducing their positions, and 48 closing their positions.
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
11% less funds holding
Funds holding: 178 → 158 (-20)
23% less capital invested
Capital invested by funds: $1.25B → $957M (-$293M)
32% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 77
42% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 48
91% less call options, than puts
Call options by funds: $3.77M | Put options by funds: $43.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$11.3M |
| 2 |
DMAM
Del Mar Asset Management
New York
|
+$6.08M |
| 3 |
HH
Harbinger Holdings
New York
|
+$4.76M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.21M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$19.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$10.4M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$6.32M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.48M |
| 5 |
Goldman Sachs
New York
|
-$5.28M |
XCO Hedge Fund Activity: Q4 2013 in Review
158 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Exco Resources (XCO) for Q4 2013, worth a combined $957M — down 23% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of XCO and 28 opened new positions — a net loss of 20 holders — while 77 trimmed existing stakes and 52 added.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $11.3M. The largest seller was Keeley Asset Management, cutting an estimated $19.9M.
- 158 institutional investors held Exco Resources (XCO) as of Q4 2013, down from 178 in Q3 2013.
- Funds reported $957M of Exco Resources stock for Q4 2013, down 23% quarter-over-quarter.
- 28 funds opened new Exco Resources positions in Q4 2013 and 48 closed out, a net change of -20 holders.
- The largest Exco Resources buyer in Q4 2013 was Encompass Capital Advisors, an estimated $11.3M added.
- The largest Exco Resources seller in Q4 2013 was Keeley Asset Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q4 2013.