Delek Logistics
37 hedge funds and large institutions have $254M invested in Delek Logistics in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 4 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
75% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $872K
9% more funds holding
Funds holding: 34 → 37 (+3)
2.31% more ownership
Funds ownership: 66.69% → 69.01% (+2.3%)
3% less capital invested
Capital invested by funds: $262M → $254M (-$7.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$14.1M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$7.79M |
| 3 |
Citigroup
New York
|
+$6.15M |
| 4 |
Morgan Stanley
New York
|
+$6.04M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$17M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.23M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.99M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$1.81M |
DKL Hedge Fund Activity: Q3 2013 in Review
37 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q3 2013, worth a combined $254M — down 3% from $262M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DKL positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $14.1M. The largest seller was BlackRock Advisors, cutting an estimated $17M.
- 37 institutional investors held Delek Logistics (DKL) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $254M of Delek Logistics stock for Q3 2013, down 3% quarter-over-quarter.
- 8 funds opened new Delek Logistics positions in Q3 2013 and 4 closed out, a net change of +4 holders.
- The largest Delek Logistics buyer in Q3 2013 was OppenheimerFunds, an estimated $14.1M added.
- The largest Delek Logistics seller in Q3 2013 was BlackRock Advisors, an estimated $17M sold.
Based on aggregated 13F filings for Q3 2013.