Alliance Resource Partners
ARLP
139 hedge funds and large institutions have $760M invested in Alliance Resource Partners in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 15 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
1% less capital invested
Capital invested by funds: $771M → $760M (-$11.2M)
3% less funds holding
Funds holding: 143 → 139 (-4)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
17% less call options, than puts
Call options by funds: $9.3M | Put options by funds: $11.3M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$10.7M |
| 2 |
RIM
Ranger International Management
Lake Forest,
Illinois
|
+$6.73M |
| 3 |
Morgan Stanley
New York
|
+$6.14M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.96M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$49.9M |
| 2 |
RA
Royce & Associates
New York
|
-$9.62M |
| 3 |
SC
Selz Capital
New York
|
-$9.04M |
| 4 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$7.81M |
| 5 |
JP Morgan Chase
New York
|
-$3.1M |
ARLP Hedge Fund Activity: Q4 2013 in Review
139 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Alliance Resource Partners (ARLP) for Q4 2013, worth a combined $760M — down 1.4% from $771M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ARLP and 13 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 45 added.
The largest buyer was Impala Asset Management, adding an estimated $10.7M. The largest seller was First Trust Advisors, exiting entirely with an estimated $49.9M sold.
- 139 institutional investors held Alliance Resource Partners (ARLP) as of Q4 2013, down from 143 in Q3 2013.
- Funds reported $760M of Alliance Resource Partners stock for Q4 2013, down 1.4% quarter-over-quarter.
- 13 funds opened new Alliance Resource Partners positions in Q4 2013 and 15 closed out, a net change of -2 holders.
- The largest Alliance Resource Partners buyer in Q4 2013 was Impala Asset Management, an estimated $10.7M added.
- The largest Alliance Resource Partners seller in Q4 2013 was First Trust Advisors, an estimated $49.9M sold.
Based on aggregated 13F filings for Q4 2013.