Blueknight Energy Partners L.P.
BKEP
BKEP was delisted on the 17th of August, 2022.
29 hedge funds and large institutions have $7.24M invested in Blueknight Energy Partners L.P. in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
3% less funds holding
Funds holding: 30 → 29 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
44% less capital invested
Capital invested by funds: $13M → $7.24M (-$5.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$1.39M |
| 2 |
LPL Financial
San Diego,
California
|
+$133K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$60.9K |
| 4 |
Jane Street
New York
|
+$42.2K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$22.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$4.88M |
| 2 |
Neuberger Berman Group
New York
|
-$1.34M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$834K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$374K |
| 5 |
Renaissance Technologies
New York
|
-$374K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $1K | +$2 | +1 | +0.1% |
|
|
PGCM
27
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$834K | -725,000 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$73K | -63,229 | Closed |
|
29
Simplex Trading
Chicago,
Illinois
| – | -$32.9K | -20,879 | Closed |
|
|
LC
30
Lavaca Capital
Houston,
Texas
| – | -$8K | -7,147 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$7K | -5,915 | Closed |
|
|
IBOK
32
Independence Bank of Kentucky
Owensboro,
Kentucky
| – | -$1K | -1,200 | Closed |
|
|
AG
33
Advisor Group
Phoenix,
Arizona
| – | +$158 | +100 | New |
|
BKEP Hedge Fund Activity: Q1 2019 in Review
29 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Blueknight Energy Partners L.P. (BKEP) for Q1 2019, worth a combined $7.24M — down 44% from $13M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKEP and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was Zazove Associates, adding an estimated $1.39M. The largest seller was ClearBridge Investments, cutting an estimated $4.88M.
- 29 institutional investors held Blueknight Energy Partners L.P. (BKEP) as of Q1 2019, down from 30 in Q4 2018.
- Funds reported $7.24M of Blueknight Energy Partners L.P. stock for Q1 2019, down 44% quarter-over-quarter.
- 5 funds opened new Blueknight Energy Partners L.P. positions in Q1 2019 and 6 closed out, a net change of -1 holder.
- The largest Blueknight Energy Partners L.P. buyer in Q1 2019 was Zazove Associates, an estimated $1.39M added.
- The largest Blueknight Energy Partners L.P. seller in Q1 2019 was ClearBridge Investments, an estimated $4.88M sold.
Based on aggregated 13F filings for Q1 2019.