Delek Logistics
52 hedge funds and large institutions have $213M invested in Delek Logistics in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 8 closing their positions.
1% more capital invested
Capital invested by funds: $210M → $213M (+$3.03M)
1.71% less ownership
Funds ownership: 32.32% → 30.61% (-1.7%)
2% less funds holding
Funds holding: 53 → 52 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
69% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $4.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.4M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$4.82M |
| 3 |
Morgan Stanley
New York
|
+$2.36M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.97M |
| 5 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TPH Asset Management
Houston,
Texas
|
-$10.6M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$5.49M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$3.63M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.72M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $3K | +$3.28K | +121 | New |
|
|
DOA
52
D'Orazio & Associates
Falls Church,
Virginia
| $2K | – | – | – |
|
|
CIMLRA
53
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
| – | -$3.63M | -135,915 | Closed |
|
54
Wolverine Trading
Chicago,
Illinois
| – | -$288K | -10,613 | Closed |
|
|
PG
55
PEAK6 Group
Chicago,
Illinois
| – | -$211K | -7,889 | Closed |
|
|
ST
56
Spot Trading
Chicago,
Illinois
| – | -$203K | -7,590 | Closed |
|
57
Simplex Trading
Chicago,
Illinois
| – | -$172K | -6,343 | Closed |
|
58
JP Morgan Chase
New York
| – | -$107K | -4,000 | Closed |
|
59
Walleye Trading
New York
| – | -$27K | -1,000 | Closed |
|
60
Citigroup
New York
| – | -$1K | -50 | Closed |
|
DKL Hedge Fund Activity: Q3 2016 in Review
52 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q3 2016, worth a combined $213M — up 1.4% from $210M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DKL and 7 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 13 added.
The largest buyer was First Trust Advisors, adding an estimated $5.4M. The largest seller was TPH Asset Management, cutting an estimated $10.6M.
- 52 institutional investors held Delek Logistics (DKL) as of Q3 2016, down from 53 in Q2 2016.
- Funds reported $213M of Delek Logistics stock for Q3 2016, up 1.4% quarter-over-quarter.
- 7 funds opened new Delek Logistics positions in Q3 2016 and 8 closed out, a net change of -1 holder.
- The largest Delek Logistics buyer in Q3 2016 was First Trust Advisors, an estimated $5.4M added.
- The largest Delek Logistics seller in Q3 2016 was TPH Asset Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2016.