Delek Logistics
52 hedge funds and large institutions have $208M invested in Delek Logistics in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 52 → 52 (0)
0.65% less ownership
Funds ownership: 30.61% → 29.96% (-0.65%)
2% less capital invested
Capital invested by funds: $213M → $208M (-$4.7M)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
72% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $4.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.42M |
| 3 |
BCFA
BP Capital Fund Advisors
Dallas,
Texas
|
+$1.24M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$621K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$586K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.58M |
| 2 |
TAM
TPH Asset Management
Houston,
Texas
|
-$3.37M |
| 3 |
Morgan Stanley
New York
|
-$3.06M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$2.36M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DOA
51
D'Orazio & Associates
Falls Church,
Virginia
| $2K | – | – | – |
|
52
Barclays
London,
United Kingdom
| $1K | -$68.2K | -2,629 | -99% |
|
|
53
Fidelity Investments
Boston,
Massachusetts
| – | -$6.58M | -230,054 | Closed |
|
|
TAM
54
TPH Asset Management
Houston,
Texas
| – | -$3.37M | -117,841 | Closed |
|
|
WHG
55
Westwood Holdings Group
Dallas,
Texas
| – | -$1.62M | -56,760 | Closed |
|
|
CA
56
Cetera Advisors
Denver,
Colorado
| – | -$470K | -16,400 | Closed |
|
|
CS
57
Credit Suisse
Zurich,
Switzerland
| – | -$286K | -10,000 | Closed |
|
|
MFS
58
MSI Financial Services
Springfield,
Massachusetts
| – | -$16K | -570 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$9K | -300 | Closed |
|
DKL Hedge Fund Activity: Q4 2016 in Review
52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q4 2016, worth a combined $208M — down 2.2% from $213M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DKL positions and 7 closed out — a net gain of 1 holder — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $14.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $6.58M sold.
- 52 institutional investors held Delek Logistics (DKL) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $208M of Delek Logistics stock for Q4 2016, down 2.2% quarter-over-quarter.
- 8 funds opened new Delek Logistics positions in Q4 2016 and 7 closed out, a net change of +1 holder.
- The largest Delek Logistics buyer in Q4 2016 was Nuveen, an estimated $14.7M added.
- The largest Delek Logistics seller in Q4 2016 was Fidelity Investments, an estimated $6.58M sold.
Based on aggregated 13F filings for Q4 2016.