Delek Logistics
48 hedge funds and large institutions have $174M invested in Delek Logistics in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 8 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
115% more call options, than puts
Call options by funds: $2.53M | Put options by funds: $1.18M
6% more capital invested
Capital invested by funds: $165M → $174M (+$9.48M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.07% less ownership
Funds ownership: 23.07% → 21.99% (-1.1%)
8% less funds holding
Funds holding: 52 → 48 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.9M |
| 2 |
Morgan Stanley
New York
|
+$1.99M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$913K |
| 4 |
Goldman Sachs
New York
|
+$579K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$7.99M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.19M |
| 3 |
BlackRock
New York
|
-$1.66M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.24M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$538K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$247K | -8,051 | Closed |
|
|
PI
52
PEAK6 Investments
Chicago,
Illinois
| – | -$102K | -3,493 | Closed |
|
53
Citigroup
New York
| – | -$87K | -2,961 | Closed |
|
|
AIC
54
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$28K | -963 | Closed |
|
55
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -239 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -200 | Closed |
|
DKL Hedge Fund Activity: Q1 2019 in Review
48 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q1 2019, worth a combined $174M — up 5.8% from $165M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DKL and 4 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 20 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $2.9M. The largest seller was Allianz Asset Management, cutting an estimated $7.99M.
- 48 institutional investors held Delek Logistics (DKL) as of Q1 2019, down from 52 in Q4 2018.
- Funds reported $174M of Delek Logistics stock for Q1 2019, up 5.8% quarter-over-quarter.
- 4 funds opened new Delek Logistics positions in Q1 2019 and 8 closed out, a net change of -4 holders.
- The largest Delek Logistics buyer in Q1 2019 was Arrowstreet Capital, an estimated $2.9M added.
- The largest Delek Logistics seller in Q1 2019 was Allianz Asset Management, an estimated $7.99M sold.
Based on aggregated 13F filings for Q1 2019.