Alliance Resource Partners
ARLP
136 hedge funds and large institutions have $598M invested in Alliance Resource Partners in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 18 closing their positions.
110% more call options, than puts
Call options by funds: $4.59M | Put options by funds: $2.19M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
0% more funds holding
Funds holding: 136 → 136 (0)
2.28% less ownership
Funds ownership: 28.79% → 26.51% (-2.3%)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
23% less capital invested
Capital invested by funds: $774M → $598M (-$175M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$39.5M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$26.8M |
| 3 |
Goldman Sachs
New York
|
+$10.9M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$4.23M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$27.5M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$26.7M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$25.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$25.4M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$21.8M |
ARLP Hedge Fund Activity: Q4 2018 in Review
136 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Alliance Resource Partners (ARLP) for Q4 2018, worth a combined $598M — down 23% from $774M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ARLP positions and 18 closed out — a net gain of 3 holders — while 36 added to existing stakes and 40 trimmed.
The largest buyer was BOK Financial, adding an estimated $39.5M. The largest seller was JP Morgan Chase, cutting an estimated $27.5M.
- 136 institutional investors held Alliance Resource Partners (ARLP) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $598M of Alliance Resource Partners stock for Q4 2018, down 23% quarter-over-quarter.
- 21 funds opened new Alliance Resource Partners positions in Q4 2018 and 18 closed out, a net change of +3 holders.
- The largest Alliance Resource Partners buyer in Q4 2018 was BOK Financial, an estimated $39.5M added.
- The largest Alliance Resource Partners seller in Q4 2018 was JP Morgan Chase, an estimated $27.5M sold.
Based on aggregated 13F filings for Q4 2018.