CVR Partners

UAN • NYSE

CVR Partners is a agricultural inputs company in the basic materials sector on NYSE, with a market cap of $1.0B. As of Q3 2025, 51% of shares are held by 67 institutional investors, with ICAHN CARL C as the largest holder at 39.4%.

Market Cap$1.0B

Agricultural Inputs

Basic Materials

Employees310.0

Websitecvrpartners.com

Country

United States of America

Overview

Overview of institutional ownership in UAN as of Q3 2025 with a market cap of $952.5M

All Institutions

Institutions: 67
Value Held: $482.6M
Shares Held: 5.4M
Avg Position: $7.2M
Median Position: $299.5K

Hedge Funds

Hedge Funds: 7
Value Held: $9.9M
Shares Held: 109.8K
Avg Position: $1.4M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

49.63%

$472.7M

Hedge Funds

1.04%

$9.9M

Retail & Other

49.33%

$469.9M

Based on market cap of $952.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in UAN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
I ICAHN CARL C Institution	-	$375.3M 4.11% of portfolio	39.40% 4.2M shares	Q1 2024 Held for 1y 8m	$9.1B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$30.8M 0.00% of portfolio	3.23% 341.7K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$17.4M 0.00% of portfolio	1.83% 193.1K shares	Q2 2025 Held for 5 months	$1.56T
UBS Group AG Institution	Sergio P. Ermotti CEO	$8.6M 0.00% of portfolio	0.90% 95.1K shares	Q4 2014 Held for 10y 11m	$511.54B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$7.8M 0.01% of portfolio	0.82% 86.4K shares	≤ Q2 2013 Held for 12y 5m+	$67.9B
D De Lisle Partners LLP Institution	-	$4.9M 0.60% of portfolio	0.51% 54.4K shares	Q1 2024 Held for 1y 8m	$815.6M
N NATIXIS Institution	-	$4.1M 0.02% of portfolio	0.43% 45.0K shares	Q2 2025 Held for 5 months	$18.4B
I Ion Asset Management Ltd. Institution	-	$3.6M 0.51% of portfolio	0.38% 40.4K shares	Q2 2022 Held for 3y 5m	$707.1M
ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy	Gene Thomas Pretti CEO	$3.5M 7.10% of portfolio	0.37% 39.3K shares	Q1 2022 Held for 3y 8m	$49.9M
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$2.3M 0.00% of portfolio	0.24% 25.3K shares	Q3 2016 Held for 9y 2m	$122.08B

Net Capital Flow

Institutional buying and selling activity for UAN in Q3 2025

Traded: +$5.2M
Buyers: 34
Sellers: 20
Total Bought: +$18.7M
Total Sold: −$13.5M
Avg Position: $6.8M

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$9.5M +105.4K shares	$30.8M 341.7K shares
S SIMPLEX TRADING, LLC Institution	+$2.3M +25.2K shares	$2.3M 25.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$1.7M +19.1K shares	$7.8M 86.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$731.0K +8.1K shares	$2.3M 25.3K shares
JPMORGAN CHASE & CO Institution	+$645.3K +7.2K shares	$17.4M 193.1K shares
I ING GROEP NV Institution	+$540.7K +6.0K shares	$1.8M 19.5K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	+$436.2K +4.8K shares	$1.1M 12.3K shares
J Jump Financial, LLC Institution	+$423.6K +4.7K shares	$423.6K 4.7K shares
Cetera Investment Advisers RIA/Wealth	+$319.6K +3.5K shares	$319.6K 3.5K shares
D De Lisle Partners LLP Institution	+$270.4K +3.0K shares	$4.9M 54.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
I Ion Asset Management Ltd. Institution	−$4.2M −46.2K shares	$3.6M 40.4K shares
ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy	−$3.5M −38.4K shares	$3.5M 39.3K shares
G GROUP ONE TRADING, L.P. Institution	−$1.6M −18.2K shares	Sold Off 0 shares
BANK OF AMERICA CORP /DE/ Institution	−$1.2M −13.2K shares	$736.5K 8.2K shares
UBS Group AG Institution	−$761.8K −8.5K shares	$8.6M 95.1K shares
N NATIXIS Institution	−$450.6K −5.0K shares	$4.1M 45.0K shares
P PEAK6 LLC Institution	−$373.5K −4.1K shares	$246.9K 2.7K shares
Aristides Capital LLC Real Assets	−$325.5K −3.7K shares	Sold Off 0 shares
V Virtu Financial LLC Institution	−$278.2K −3.1K shares	$922.1K 10.2K shares
R Rangeley Capital, LLC Hedge Fund•Event Driven	−$225.7K −2.5K shares	$1.1M 12.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited UAN in Q3 2025

New Positions: 3
New Value: $393.9K
Exited Positions: 4
Exited Value: $2.0M

New Positions

Institution	Position Value
Cetera Investment Advisers RIA/Wealth	$319.6K 3.5K shares
R Root Financial Partners, LLC RIA/Wealth	$54.1K 600.0 shares
P Pinnacle Bank Institution	$20.2K 224.0 shares

Exited Positions

Institution	Previous Position
G GROUP ONE TRADING, L.P. Institution	$1.6M 18.2K shares
Aristides Capital LLC Real Assets	$325.5K 3.7K shares
T Tower Research Capital LLC Institution	$8.7K 98.0 shares
CWM, LLC RIA/Wealth	$2.8K 32.0 shares

Options Activity

Institutions with the largest Call and Put options positions in UAN as of Q3 2025

Call Positions: 4
Call Value: $6.5M
Put Positions: 3
Put Value: $5.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.1M 341.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.6M 175.0 contracts
J JANE STREET GROUP, LLC Institution	$1.5M 163.0 contracts
W WOLVERINE TRADING, LLC Institution	$335.0K 37.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.8M 530.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$757.0K 84.0 contracts
J JANE STREET GROUP, LLC Institution	$324.4K 36.0 contracts

Most Committed Institutions

Institutions with UAN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy	Gene Thomas Pretti CEO	7.10% $3.5M	0.37% 39.3K shares	Q1 2022 Held for 3y 8m	$49.9M
I ICAHN CARL C Institution	-	4.11% $375.3M	39.40% 4.2M shares	Q1 2024 Held for 1y 8m	$9.1B
R Rangeley Capital, LLC Hedge Fund•Event Driven	Christopher Clay Demuth Jr. Managing Partner	1.07% $1.1M	0.12% 12.5K shares	Q4 2024 Held for 11 months	$105.5M
D De Lisle Partners LLP Institution	-	0.60% $4.9M	0.51% 54.4K shares	Q1 2024 Held for 1y 8m	$815.6M
I Ion Asset Management Ltd. Institution	-	0.51% $3.6M	0.38% 40.4K shares	Q2 2022 Held for 3y 5m	$707.1M
Founders Financial Alliance, LLC RIA/Wealth	Tommy Wayne Porter Managing Partner	0.26% $1.4M	0.15% 15.5K shares	Q1 2024 Held for 1y 8m	$530.1M
Bramshill Investments, LLC Hedge Fund•Multi-Strategy	Stephen Christopher Selver CEO	0.10% $1.5M	0.16% 16.5K shares	Q4 2021 Held for 3y 11m	$1.5B
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	David Khabie-Zeitoune CEO	0.10% $1.1M	0.12% 12.3K shares	Q2 2023 Held for 2y 5m	$1.1B
CYPRESS FINANCIAL PLANNING LLC RIA/Wealth	Jeffrey Russell Jones Owner	0.10% $315.4K	0.03% 3.5K shares	Q4 2022 Held for 2y 11m	$325.7M
V Virtu Financial LLC Institution	-	0.06% $922.1K	0.10% 10.2K shares	Q1 2024 Held for 1y 8m	$1.6B

Hedge Fund Spotlight

Discover hedge funds investing in UAN

Rangeley Capital, LLC

Hedge Fund • Event Driven

Portfolio ManagerChristopher Clay Demuth Jr.

Portfolio Value: $105.5M
Positions: 115
Last Reported: Q3 2025

Sector Allocation

Position in CVR Partners

Market Value: $1.1M
Shares Held: 12.5K
Portfolio Weight: 1.07%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Delek US Holdings DK	Oil & Gas Refining & Marketing Energy	$6.6M	6.30%
2 Calumet, Inc. CLMT	Oil & Gas Exploration & Production Energy	$6.0M	5.72%
3 Arvinas ARVN	Biotechnology Healthcare	$5.9M	5.61%