Blueknight Energy Partners L.P.
BKEP
BKEP was delisted on the 17th of August, 2022.
30 hedge funds and large institutions have $13M invested in Blueknight Energy Partners L.P. in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 10 closing their positions.
12% less funds holding
Funds holding: 34 → 30 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
53% less capital invested
Capital invested by funds: $27.5M → $13M (-$14.6M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
88% less call options, than puts
Call options by funds: $8K | Put options by funds: $65K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$509K |
| 2 |
Renaissance Technologies
New York
|
+$509K |
| 3 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$465K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$53.1K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$39.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$2.31M |
| 2 |
Goldman Sachs
New York
|
-$2.11M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$390K |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$114K |
| 5 |
VF
Virtu Financial
New York
|
-$71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IBOK
26
Independence Bank of Kentucky
Owensboro,
Kentucky
| $1K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
28
Morgan Stanley
New York
| $1K | +$311 | +166 | +18% |
|
|
29
Goldman Sachs
New York
| – | -$2.11M | -1,002,721 | Closed |
|
|
MCP
30
Moab Capital Partners
Southampton,
New York
| – | -$390K | -185,623 | Closed |
|
|
VF
31
Virtu Financial
New York
| – | -$71K | -33,474 | Closed |
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$32K | -15,000 | Closed |
|
|
JMPWA
33
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$24K | -11,600 | Closed |
|
|
LJHT
34
Laurie J. Hall Trustee
| – | -$11K | -5,000 | Closed |
|
|
SWP
35
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$4K | -2,000 | Closed |
|
|
RFC
36
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -1,000 | Closed |
|
|
HT
37
Heritage Trust
Oklahoma City,
Oklahoma
| – | -$1K | -500 | Closed |
|
BKEP Hedge Fund Activity: Q4 2018 in Review
30 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Blueknight Energy Partners L.P. (BKEP) for Q4 2018, worth a combined $13M — down 53% from $27.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BKEP and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $509K. The largest seller was Neuberger Berman Group, cutting an estimated $2.31M.
- 30 institutional investors held Blueknight Energy Partners L.P. (BKEP) as of Q4 2018, down from 34 in Q3 2018.
- Funds reported $13M of Blueknight Energy Partners L.P. stock for Q4 2018, down 53% quarter-over-quarter.
- 6 funds opened new Blueknight Energy Partners L.P. positions in Q4 2018 and 10 closed out, a net change of -4 holders.
- The largest Blueknight Energy Partners L.P. buyer in Q4 2018 was Deutsche Bank, an estimated $509K added.
- The largest Blueknight Energy Partners L.P. seller in Q4 2018 was Neuberger Berman Group, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2018.