Delek Logistics
45 hedge funds and large institutions have $102M invested in Delek Logistics in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 8 closing their positions.
239% more call options, than puts
Call options by funds: $4.97M | Put options by funds: $1.47M
145% more capital invested
Capital invested by funds: $41.7M → $102M (+$60.5M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
7% more funds holding
Funds holding: 42 → 45 (+3)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
3.6% less ownership
Funds ownership: 18.74% → 15.14% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$22M |
| 2 |
Jane Street
New York
|
+$1.88M |
| 3 |
Rafferty Asset Management
New York
|
+$1.53M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
+$1.29M |
| 5 |
Blackstone Inc
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$13M |
| 2 |
Goldman Sachs
New York
|
-$8.85M |
| 3 |
Morgan Stanley
New York
|
-$3.98M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.62M |
| 5 |
JP Morgan Chase
New York
|
-$1.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$25K | -2,801 | Closed |
|
52
Simplex Trading
Chicago,
Illinois
| – | -$44.4K | -2,268 | Closed |
|
|
ASN
53
Advisory Services Network
Atlanta,
Georgia
| – | -$2K | -172 | Closed |
|
DKL Hedge Fund Activity: Q2 2020 in Review
45 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q2 2020, worth a combined $102M — up 145% from $41.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DKL positions and 8 closed out — a net gain of 4 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, adding an estimated $22M. The largest seller was Tortoise Capital Advisors, cutting an estimated $13M.
- 45 institutional investors held Delek Logistics (DKL) as of Q2 2020, up from 42 in Q1 2020.
- Funds reported $102M of Delek Logistics stock for Q2 2020, up 145% quarter-over-quarter.
- 12 funds opened new Delek Logistics positions in Q2 2020 and 8 closed out, a net change of +4 holders.
- The largest Delek Logistics buyer in Q2 2020 was Invesco, an estimated $22M added.
- The largest Delek Logistics seller in Q2 2020 was Tortoise Capital Advisors, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2020.