Alliance Resource Partners
ARLP
126 hedge funds and large institutions have $697M invested in Alliance Resource Partners in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 20 reducing their positions, and 21 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 20
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
98% more capital invested
Capital invested by funds: $352M → $697M (+$345M)
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
5% more funds holding
Funds holding: 120 → 126 (+6)
2.07% more ownership
Funds ownership: 15.25% → 17.32% (+2.1%)
25% less call options, than puts
Call options by funds: $5.14M | Put options by funds: $6.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$114M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$31.8M |
| 3 |
Goldman Sachs
New York
|
+$29.4M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$25.2M |
| 5 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$27.3M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$5.29M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.64M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.51M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.17M |
ARLP Hedge Fund Activity: Q2 2018 in Review
126 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Alliance Resource Partners (ARLP) for Q2 2018, worth a combined $697M — up 98% from $352M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ARLP positions and 21 closed out — a net gain of 6 holders — while 52 added to existing stakes and 20 trimmed.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $114M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $27.3M sold.
- 126 institutional investors held Alliance Resource Partners (ARLP) as of Q2 2018, up from 120 in Q1 2018.
- Funds reported $697M of Alliance Resource Partners stock for Q2 2018, up 98% quarter-over-quarter.
- 27 funds opened new Alliance Resource Partners positions in Q2 2018 and 21 closed out, a net change of +6 holders.
- The largest Alliance Resource Partners buyer in Q2 2018 was Neuberger Berman Group, an estimated $114M added.
- The largest Alliance Resource Partners seller in Q2 2018 was Davidson Kempner Capital Management, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2018.