Delek Logistics
52 hedge funds and large institutions have $165M invested in Delek Logistics in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
16% more funds holding
Funds holding: 45 → 52 (+7)
3% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $1.35M
0.27% more ownership
Funds ownership: 22.8% → 23.07% (+0.27%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $189M → $165M (-$24.5M)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$6.41M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$4.29M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.07M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$397K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.71M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.05M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.42M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $3K | -$516K | -16,694 | -99% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $88 | +$93 | +3 | New |
|
53
Renaissance Technologies
New York
| – | -$571K | -16,807 | Closed |
|
54
HighTower Advisors
Chicago,
Illinois
| – | -$529K | -15,483 | Closed |
|
55
LPL Financial
San Diego,
California
| – | -$217K | -6,385 | Closed |
|
56
Simplex Trading
Chicago,
Illinois
| – | -$117K | -3,797 | Closed |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -200 | Closed |
|
DKL Hedge Fund Activity: Q4 2018 in Review
52 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q4 2018, worth a combined $165M — down 13% from $189M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DKL positions and 5 closed out — a net gain of 7 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $6.41M. The largest seller was BlackRock, cutting an estimated $3.71M.
- 52 institutional investors held Delek Logistics (DKL) as of Q4 2018, up from 45 in Q3 2018.
- Funds reported $165M of Delek Logistics stock for Q4 2018, down 13% quarter-over-quarter.
- 12 funds opened new Delek Logistics positions in Q4 2018 and 5 closed out, a net change of +7 holders.
- The largest Delek Logistics buyer in Q4 2018 was JP Morgan Chase, an estimated $6.41M added.
- The largest Delek Logistics seller in Q4 2018 was BlackRock, an estimated $3.71M sold.
Based on aggregated 13F filings for Q4 2018.