Delek Logistics
51 hedge funds and large institutions have $230M invested in Delek Logistics in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
5% more capital invested
Capital invested by funds: $218M → $230M (+$11.9M)
4% more funds holding
Funds holding: 49 → 51 (+2)
2.5% more ownership
Funds ownership: 26.9% → 29.39% (+2.5%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
52% less call options, than puts
Call options by funds: $3.97M | Put options by funds: $8.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$22.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.45M |
| 3 |
Cohen & Steers
New York
|
+$2.47M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$726K |
| 5 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.76M |
| 2 |
Morgan Stanley
New York
|
-$2M |
| 3 |
BCFA
BP Capital Fund Advisors
Dallas,
Texas
|
-$1.66M |
| 4 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$1.42M |
| 5 |
BlackRock
New York
|
-$841K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DOA
51
D'Orazio & Associates
Falls Church,
Virginia
| $2K | – | – | – |
|
|
LMGAM
52
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$1.42M | -42,708 | Closed |
|
53
Jane Street
New York
| – | -$313K | -9,387 | Closed |
|
|
RJA
54
Raymond James & Associates
St Petersburg,
Florida
| – | -$219K | -6,565 | Closed |
|
55
BNP Paribas Financial Markets
Paris,
France
| – | -$168K | -5,041 | Closed |
|
56
Walleye Trading
New York
| – | -$33 | -1,000 | Closed |
|
DKL Hedge Fund Activity: Q2 2017 in Review
51 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q2 2017, worth a combined $230M — up 5.5% from $218M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DKL positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Gotham Asset Management, opening a new position worth an estimated $22.2M. The largest seller was Goldman Sachs, cutting an estimated $2.76M.
- 51 institutional investors held Delek Logistics (DKL) as of Q2 2017, up from 49 in Q1 2017.
- Funds reported $230M of Delek Logistics stock for Q2 2017, up 5.5% quarter-over-quarter.
- 7 funds opened new Delek Logistics positions in Q2 2017 and 5 closed out, a net change of +2 holders.
- The largest Delek Logistics buyer in Q2 2017 was Gotham Asset Management, an estimated $22.2M added.
- The largest Delek Logistics seller in Q2 2017 was Goldman Sachs, an estimated $2.76M sold.
Based on aggregated 13F filings for Q2 2017.