Aquatic Capital Management Invests $4.94M in Delek US Holdings

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Aquatic Capital Management LLC purchased a new position in shares of Delek US Holdings, Inc. (NYSE:DK) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 153,073 shares of the oil and gas company's stock, valued at approximately $4,940,000. Aquatic Capital Management LLC owned about 0.25% of Delek US at the end of the most recent reporting period.

Why it matters

This investment by Aquatic Capital Management in Delek US Holdings, a major oil and gas company, signals confidence in the industry's outlook and potential growth opportunities. As an institutional investor, Aquatic Capital Management's move could influence other investors' perceptions of Delek US and the broader energy sector.

The details

Aquatic Capital Management LLC purchased 153,073 shares of Delek US Holdings, Inc., a NYSE-listed oil and gas company, during the third quarter. The shares were valued at approximately $4,940,000, representing about 0.25% ownership of Delek US at the end of the reporting period.

• Aquatic Capital Management LLC purchased the Delek US shares during the third quarter.