Delek Logistics
47 hedge funds and large institutions have $252M invested in Delek Logistics in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 8 closing their positions.
19% more call options, than puts
Call options by funds: $3.04M | Put options by funds: $2.56M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 49 → 47 (-2)
11% less capital invested
Capital invested by funds: $284M → $252M (-$31.6M)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
32.83% less ownership
Funds ownership: 66.02% → 33.19% (-33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.65M |
| 2 |
TAM
TPH Asset Management
Houston,
Texas
|
+$5.44M |
| 3 |
GXMC
Global X Management Company
New York
|
+$5.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.1M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.13M |
| 2 |
ClearBridge Investments
New York
|
-$3.14M |
| 3 |
Goldman Sachs
New York
|
-$3.1M |
| 4 |
TWMP
Taylor Wealth Management Partners
Boston,
Massachusetts
|
-$2.63M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$2.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
51
QS Investors
New York
| – | -$56K | -1,560 | Closed |
|
|
SHJ
52
Sharkey, Howes & Javer
Denver,
Colorado
| – | -$31K | -1,268 | Closed |
|
|
CG
53
Cutler Group
San Francisco,
California
| – | -$4.42K | -156 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$1K | -32 | Closed |
|
DKL Hedge Fund Activity: Q1 2016 in Review
47 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q1 2016, worth a combined $252M — down 11% from $284M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DKL and 6 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 14 added.
The largest buyer was Fidelity Investments, adding an estimated $6.65M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $4.13M.
- 47 institutional investors held Delek Logistics (DKL) as of Q1 2016, down from 49 in Q4 2015.
- Funds reported $252M of Delek Logistics stock for Q1 2016, down 11% quarter-over-quarter.
- 6 funds opened new Delek Logistics positions in Q1 2016 and 8 closed out, a net change of -2 holders.
- The largest Delek Logistics buyer in Q1 2016 was Fidelity Investments, an estimated $6.65M added.
- The largest Delek Logistics seller in Q1 2016 was BNP Paribas Financial Markets, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2016.