Renaissance Technologies LLC Decreases Position in Western Refining, Inc. (NYSE:WNR)
Renaissance Technologies LLC reduced its stake in Western Refining, Inc. (NYSE:WNR) by 60.3% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 159,400 shares of the oil and gas company’s stock after selling 242,200 shares during the period. Renaissance Technologies LLC’s holdings in Western Refining were worth $5,590,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in Western Refining by 0.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,545 shares of the oil and gas company’s stock valued at $194,000 after buying an additional 24 shares during the last quarter. World Asset Management Inc raised its position in Western Refining by 1.3% in the first quarter. World Asset Management Inc now owns 5,885 shares of the oil and gas company’s stock valued at $206,000 after buying an additional 76 shares during the last quarter. US Bancorp DE raised its stake in Western Refining by 8.7% in the first quarter. US Bancorp DE now owns 6,008 shares of the oil and gas company’s stock worth $211,000 after buying an additional 480 shares in the last quarter. TFS Capital LLC purchased a new stake in Western Refining during the first quarter worth about $227,000. Finally, Zweig DiMenna Associates LLC purchased a new stake in Western Refining during the first quarter worth about $249,000. Hedge funds and other institutional investors own 64.84% of the company’s stock.
Western Refining, Inc. (NYSE WNR) traded down 0.06% during mid-day trading on Friday, hitting $36.18. 17,018,870 shares of the stock were exchanged. Western Refining, Inc. has a 52 week low of $18.14 and a 52 week high of $40.09. The company has a 50 day moving average price of $35.15 and a 200 day moving average price of $36.09.
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About Western Refining
Western Refining, Inc is an independent crude oil refiner and marketer of refined products. The Company operates through segments, including refining, Western Refining Logistics, LP (WNRL), retail and Other. As of December 31, 2016, the refining segment owned and operated three refineries that process crude oil and other feedstocks primarily into gasoline, diesel fuel, jet fuel and asphalt.
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