Blueknight Energy Partners L.P.
BKEP
BKEP was delisted on the 17th of August, 2022.
35 hedge funds and large institutions have $47.5M invested in Blueknight Energy Partners L.P. in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $39.6M → $47.5M (+$7.93M)
13% more funds holding
Funds holding: 31 → 35 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
54% less call options, than puts
Call options by funds: $416K | Put options by funds: $913K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$2.03M |
| 2 |
Morgan Stanley
New York
|
+$1.17M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$368K |
| 4 |
Blackstone Inc
New York
|
+$315K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.08M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$686K |
| 3 |
CCP
Cyrus Capital Partners
New York
|
-$373K |
| 4 |
DCM
DG Capital Management
New York
|
-$354K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
26
Invenomic Capital Management
Boston,
Massachusetts
| $38K | -$1.08M | -302,003 | -97% |
|
|
IPW
27
IronBridge Private Wealth
Austin,
Texas
| $29K | +$308 | +86 | +1% |
|
28
Bank of America
Charlotte,
North Carolina
| $28K | -$44K | -12,269 | -62% |
|
|
LF
29
Lee Financial
Dallas,
Texas
| $9K | – | – | – |
|
|
NFSG
30
Newbridge Financial Services Group
Boca Raton,
Florida
| $8K | – | – | – |
|
|
CG
31
Cutler Group
San Francisco,
California
| $5K | -$6.97K | -1,944 | -59% |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $4K | +$3.59K | +1,000 | New |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $2K | +$1.5K | +419 | New |
|
34
Rockefeller Capital Management
New York
| $1K | – | – | – |
|
|
35
California Public Employees Retirement System
Sacramento,
California
| – | -$291K | -89,764 | Closed |
|
|
IAA
36
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$35K | -10,900 | Closed |
|
|
PAG
37
Private Advisor Group
Morristown,
New Jersey
| – | -$32K | -10,000 | Closed |
|
38
Wells Fargo
San Francisco,
California
| – | -$1.79K | -499 | -100% |
|
BKEP Hedge Fund Activity: Q2 2021 in Review
35 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Blueknight Energy Partners L.P. (BKEP) for Q2 2021, worth a combined $47.5M — up 20% from $39.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BKEP positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Cove Street Capital, adding an estimated $2.03M. The largest seller was Invenomic Capital Management, cutting an estimated $1.08M.
- 35 institutional investors held Blueknight Energy Partners L.P. (BKEP) as of Q2 2021, up from 31 in Q1 2021.
- Funds reported $47.5M of Blueknight Energy Partners L.P. stock for Q2 2021, up 20% quarter-over-quarter.
- 7 funds opened new Blueknight Energy Partners L.P. positions in Q2 2021 and 3 closed out, a net change of +4 holders.
- The largest Blueknight Energy Partners L.P. buyer in Q2 2021 was Cove Street Capital, an estimated $2.03M added.
- The largest Blueknight Energy Partners L.P. seller in Q2 2021 was Invenomic Capital Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2021.