Delek Logistics
53 hedge funds and large institutions have $210M invested in Delek Logistics in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
16% more call options, than puts
Call options by funds: $2.42M | Put options by funds: $2.07M
13% more funds holding
Funds holding: 47 → 53 (+6)
0.87% less ownership
Funds ownership: 33.19% → 32.32% (-0.87%)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
17% less capital invested
Capital invested by funds: $252M → $210M (-$42.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TPH Asset Management
Houston,
Texas
|
+$5.29M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.6M |
| 3 |
Renaissance Technologies
New York
|
+$2.51M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.6M |
| 2 |
JP Morgan Chase
New York
|
-$4.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.21M |
| 4 |
YCM
Yorkville Capital Management
New York
|
-$2.84M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$2.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $8K | +$4.13K | +145 | +94% |
|
|
DOA
52
D'Orazio & Associates
Falls Church,
Virginia
| $2K | +$2.85K | +100 | New |
|
53
Citigroup
New York
| $1K | -$15.2K | -532 | -91% |
|
|
YCM
54
Yorkville Capital Management
New York
| – | -$2.84M | -90,440 | Closed |
|
|
NMIMC
55
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
| – | -$1.54M | -48,932 | Closed |
|
|
IG
56
ING Group
Amsterdam,
Netherlands
| – | -$1.15M | -36,610 | Closed |
|
|
RJFSA
57
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$480K | -15,282 | Closed |
|
|
JWM
58
Jacobus Wealth Management
Milwaukee,
Wisconsin
| – | -$158K | -5,035 | Closed |
|
DKL Hedge Fund Activity: Q2 2016 in Review
53 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q2 2016, worth a combined $210M — down 17% from $252M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DKL positions and 6 closed out — a net gain of 6 holders — while 14 added to existing stakes and 16 trimmed.
The largest buyer was TPH Asset Management, adding an estimated $5.29M. The largest seller was Fidelity Investments, cutting an estimated $10.6M.
- 53 institutional investors held Delek Logistics (DKL) as of Q2 2016, up from 47 in Q1 2016.
- Funds reported $210M of Delek Logistics stock for Q2 2016, down 17% quarter-over-quarter.
- 12 funds opened new Delek Logistics positions in Q2 2016 and 6 closed out, a net change of +6 holders.
- The largest Delek Logistics buyer in Q2 2016 was TPH Asset Management, an estimated $5.29M added.
- The largest Delek Logistics seller in Q2 2016 was Fidelity Investments, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2016.