Delek Logistics
48 hedge funds and large institutions have $168M invested in Delek Logistics in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 6 closing their positions.
177% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $1.13M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 22.16% → 22.1% (-0.06%)
3% less capital invested
Capital invested by funds: $173M → $168M (-$4.71M)
6% less funds holding
Funds holding: 51 → 48 (-3)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$43.2M |
| 2 |
JP Morgan Chase
New York
|
+$1.01M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$811K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$417K |
| 5 |
VEA
Virtus ETF Advisers
New York
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$40.3M |
| 2 |
Goldman Sachs
New York
|
-$2.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.04M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$1.02M |
| 5 |
Morgan Stanley
New York
|
-$575K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$16K | -508 | Closed |
|
52
Barclays
London,
United Kingdom
| – | -$5K | -155 | Closed |
|
53
Citigroup
New York
| – | -$4K | -137 | Closed |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -100 | Closed |
|
DKL Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q3 2019, worth a combined $168M — down 2.7% from $173M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DKL and 3 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 14 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $43.2M. The largest seller was Advisory Research, exiting entirely with an estimated $40.3M sold.
- 48 institutional investors held Delek Logistics (DKL) as of Q3 2019, down from 51 in Q2 2019.
- Funds reported $168M of Delek Logistics stock for Q3 2019, down 2.7% quarter-over-quarter.
- 3 funds opened new Delek Logistics positions in Q3 2019 and 6 closed out, a net change of -3 holders.
- The largest Delek Logistics buyer in Q3 2019 was Tortoise Capital Advisors, an estimated $43.2M added.
- The largest Delek Logistics seller in Q3 2019 was Advisory Research, an estimated $40.3M sold.
Based on aggregated 13F filings for Q3 2019.