Blueknight Energy Partners L.P.
BKEP
BKEP was delisted on the 17th of August, 2022.
36 hedge funds and large institutions have $55.9M invested in Blueknight Energy Partners L.P. in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 7 closing their positions.
3% less funds holding
Funds holding: 37 → 36 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
29% less capital invested
Capital invested by funds: $78.5M → $55.9M (-$22.7M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.37M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$1.35M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.03M |
| 4 |
LPL Financial
San Diego,
California
|
+$672K |
| 5 |
O
OppenheimerFunds
New York
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$9.19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.97M |
| 3 |
Neuberger Berman Group
New York
|
-$2.48M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.29M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$1.7M |
BKEP Hedge Fund Activity: Q2 2018 in Review
36 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Blueknight Energy Partners L.P. (BKEP) for Q2 2018, worth a combined $55.9M — down 29% from $78.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BKEP and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 6 added.
The largest buyer was Goldman Sachs, adding an estimated $7.37M. The largest seller was NXG Investment Management, exiting entirely with an estimated $9.19M sold.
- 36 institutional investors held Blueknight Energy Partners L.P. (BKEP) as of Q2 2018, down from 37 in Q1 2018.
- Funds reported $55.9M of Blueknight Energy Partners L.P. stock for Q2 2018, down 29% quarter-over-quarter.
- 6 funds opened new Blueknight Energy Partners L.P. positions in Q2 2018 and 7 closed out, a net change of -1 holder.
- The largest Blueknight Energy Partners L.P. buyer in Q2 2018 was Goldman Sachs, an estimated $7.37M added.
- The largest Blueknight Energy Partners L.P. seller in Q2 2018 was NXG Investment Management, an estimated $9.19M sold.
Based on aggregated 13F filings for Q2 2018.