Delek Logistics
41 hedge funds and large institutions have $357M invested in Delek Logistics in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 10 closing their positions.
102% more call options, than puts
Call options by funds: $2.06M | Put options by funds: $1.02M
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
8% more capital invested
Capital invested by funds: $330M → $357M (+$26.3M)
1.24% more ownership
Funds ownership: 62.16% → 63.41% (+1.2%)
9% less funds holding
Funds holding: 45 → 41 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.5M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$4.08M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.17M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.41M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
-$4.15M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$3.78M |
| 3 |
TAM
TPH Asset Management
Houston,
Texas
|
-$3.12M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.34M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -110 | Closed |
|
DKL Hedge Fund Activity: Q2 2015 in Review
41 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q2 2015, worth a combined $357M — up 8% from $330M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DKL and 6 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11.5M. The largest seller was Rafferty Asset Management, exiting entirely with an estimated $4.15M sold.
- 41 institutional investors held Delek Logistics (DKL) as of Q2 2015, down from 45 in Q1 2015.
- Funds reported $357M of Delek Logistics stock for Q2 2015, up 8% quarter-over-quarter.
- 6 funds opened new Delek Logistics positions in Q2 2015 and 10 closed out, a net change of -4 holders.
- The largest Delek Logistics buyer in Q2 2015 was Fidelity Investments, an estimated $11.5M added.
- The largest Delek Logistics seller in Q2 2015 was Rafferty Asset Management, an estimated $4.15M sold.
Based on aggregated 13F filings for Q2 2015.