Alliance Holdings GP
AHGP
AHGP was delisted on the 31st of May, 2018.
69 hedge funds and large institutions have $796M invested in Alliance Holdings GP in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 18 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% less funds holding
Funds holding: 80 → 69 (-11)
15% less capital invested
Capital invested by funds: $932M → $796M (-$136M)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
90% less call options, than puts
Call options by funds: $724K | Put options by funds: $7.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$35.2M |
| 2 |
SC
Selz Capital
New York
|
+$13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.73M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$4.41M |
| 5 |
Renaissance Technologies
New York
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.5M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$11.1M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$7.58M |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$6.14M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$4.34M |
AHGP Hedge Fund Activity: Q1 2015 in Review
69 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Alliance Holdings GP (AHGP) for Q1 2015, worth a combined $796M — down 15% from $932M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AHGP and 8 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 28 added.
The largest buyer was Neuberger Berman Group, adding an estimated $35.2M. The largest seller was Fidelity Investments, exiting entirely with an estimated $28.5M sold.
- 69 institutional investors held Alliance Holdings GP (AHGP) as of Q1 2015, down from 80 in Q4 2014.
- Funds reported $796M of Alliance Holdings GP stock for Q1 2015, down 15% quarter-over-quarter.
- 8 funds opened new Alliance Holdings GP positions in Q1 2015 and 18 closed out, a net change of -10 holders.
- The largest Alliance Holdings GP buyer in Q1 2015 was Neuberger Berman Group, an estimated $35.2M added.
- The largest Alliance Holdings GP seller in Q1 2015 was Fidelity Investments, an estimated $28.5M sold.
Based on aggregated 13F filings for Q1 2015.