Delek Logistics
49 hedge funds and large institutions have $218M invested in Delek Logistics in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 13 closing their positions.
5% more capital invested
Capital invested by funds: $208M → $218M (+$9.94M)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
8% less call options, than puts
Call options by funds: $4.65M | Put options by funds: $5.04M
3.06% less ownership
Funds ownership: 29.96% → 26.9% (-3.1%)
6% less funds holding
Funds holding: 52 → 49 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.87M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$3.45M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.18M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$2.6M |
| 5 |
Morgan Stanley
New York
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$16.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$11.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.09M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.06M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$999K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
First Trust Advisors
Wheaton,
Illinois
| – | -$11.9M | -415,882 | Closed |
|
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.09M | -64,700 | Closed |
|
|
NIM
53
NXG Investment Management
Dallas,
Texas
| – | -$999K | -35,000 | Closed |
|
54
JP Morgan Chase
New York
| – | -$616K | -21,583 | Closed |
|
|
VKH
55
Virtu KCG Holdings
New York
| – | -$374K | -13,100 | Closed |
|
|
CA
56
Corrado Advisors
Ramsey,
New Jersey
| – | -$228K | -8,000 | Closed |
|
|
RJFSA
57
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$212K | -7,433 | Closed |
|
58
SG Americas Securities
New York
| – | -$164K | -5,750 | Closed |
|
|
CG
59
Cutler Group
San Francisco,
California
| – | -$166K | -5,133 | Closed |
|
|
PG
60
PEAK6 Group
Chicago,
Illinois
| – | -$77K | -2,700 | Closed |
|
|
CA
61
Cumberland Advisors
Sarasota,
Florida
| – | -$9K | -320 | Closed |
|
|
FNBT
62
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$8K | -273 | Closed |
|
DKL Hedge Fund Activity: Q1 2017 in Review
49 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q1 2017, worth a combined $218M — up 4.8% from $208M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DKL and 11 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was BlackRock, opening a new position worth an estimated $6.87M. The largest seller was Nuveen, exiting entirely with an estimated $16.2M sold.
- 49 institutional investors held Delek Logistics (DKL) as of Q1 2017, down from 52 in Q4 2016.
- Funds reported $218M of Delek Logistics stock for Q1 2017, up 4.8% quarter-over-quarter.
- 11 funds opened new Delek Logistics positions in Q1 2017 and 13 closed out, a net change of -2 holders.
- The largest Delek Logistics buyer in Q1 2017 was BlackRock, an estimated $6.87M added.
- The largest Delek Logistics seller in Q1 2017 was Nuveen, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2017.