Delek Logistics
45 hedge funds and large institutions have $189M invested in Delek Logistics in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 17 reducing their positions, and 9 closing their positions.
48% more call options, than puts
Call options by funds: $3.84M | Put options by funds: $2.6M
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
21% more capital invested
Capital invested by funds: $156M → $189M (+$33.5M)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 23.1% → 22.8% (-0.3%)
71% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$8.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.48M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.45M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$3.68M |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
+$882K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$5.62M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.08M |
| 3 |
Morgan Stanley
New York
|
-$3.19M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.91M |
| 5 |
Goldman Sachs
New York
|
-$1.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$34K | -1,233 | Closed |
|
52
Group One Trading
Chicago,
Illinois
| – | -$36.8K | -1,192 | Closed |
|
|
TAIM
53
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$18K | -650 | Closed |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$17K | -630 | Closed |
|
DKL Hedge Fund Activity: Q3 2018 in Review
45 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q3 2018, worth a combined $189M — up 21% from $156M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DKL positions and 9 closed out — a net gain of 2 holders — while 5 added to existing stakes and 17 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $8.7M. The largest seller was HITE Hedge Asset Management, cutting an estimated $5.62M.
- 45 institutional investors held Delek Logistics (DKL) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $189M of Delek Logistics stock for Q3 2018, up 21% quarter-over-quarter.
- 11 funds opened new Delek Logistics positions in Q3 2018 and 9 closed out, a net change of +2 holders.
- The largest Delek Logistics buyer in Q3 2018 was Mirae Asset Global Investments, an estimated $8.7M added.
- The largest Delek Logistics seller in Q3 2018 was HITE Hedge Asset Management, an estimated $5.62M sold.
Based on aggregated 13F filings for Q3 2018.