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Delek Logistics

45 hedge funds and large institutions have $330M invested in Delek Logistics in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more call options, than puts

Call options by funds: $3.06M | Put options by funds: $835K

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

25% more capital invested

Capital invested by funds: $265M → $330M (+$65.4M)

7% more funds holding

Funds holding: 4245 (+3)

0.85% more ownership

Funds ownership: 61.31%62.16% (+0.85%)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

Holders
45
Holders Change
+3
Holders Change %
+7.14%
% of All Funds
1.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
10
Reduced
13
Closed
7
Calls
$3.06M
Puts
$835K
Net Calls
+$2.23M
Net Calls Change
+$5.7M
Name Holding Trade Value Shares
Change
Change in
Stake
AR
1
Advisory Research
Illinois
$74.1M +$2.15M +54,890 +3%
Goldman Sachs
2
Goldman Sachs
New York
$49.5M -$11.5M -292,337 -20%
ClearBridge Investments
3
ClearBridge Investments
New York
$36.4M
Allianz Asset Management
4
Allianz Asset Management
Germany
$24.1M +$21.1M +538,349 +3,520%
O
5
OppenheimerFunds
New York
$19.9M
NIM
6
NXG Investment Management
Texas
$13.9M -$3.02M -76,950 -19%
NMIMC
7
Northwestern Mutual Investment Management Company
Wisconsin
$13.1M +$11.8M +300,000 New
Morgan Stanley
8
Morgan Stanley
New York
$11.9M -$14.2M -362,482 -57%
WHG
9
Westwood Holdings Group
Texas
$10.6M -$1.87M -47,732 -16%
Bank of America
10
Bank of America
North Carolina
$9.46M +$4.19M +106,740 +97%
CIMLRA
11
CBRE Investment Management Listed Real Assets
Pennsylvania
$9.23M +$3.08M +78,400 +59%
BA
12
BlackRock Advisors
Delaware
$6.42M -$93.8K -2,390 -2%
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$6.12M
KCM
14
Kornitzer Capital Management
Kansas
$6.09M
TAM
15
TPH Asset Management
Texas
$5.87M -$916K -23,335 -15%
TWMP
16
Taylor Wealth Management Partners
Massachusetts
$5.75M +$5.18M +132,019 New
Rafferty Asset Management
17
Rafferty Asset Management
New York
$4.15M +$3.74M +95,410 New
HHAM
18
HITE Hedge Asset Management
Massachusetts
$3.67M -$542K -13,809 -14%
YCM
19
Yorkville Capital Management
New York
$2.98M +$157K +4,000 +6%
GCP
20
GSA Capital Partners
United Kingdom
$2.38M +$612K +15,600 +40%
SC
21
Sculptor Capital
New York
$2.34M +$2.11M +53,764 New
Wells Fargo
22
Wells Fargo
California
$1.98M +$615K +15,683 +53%
CS
23
Credit Suisse
Switzerland
$1.75M -$856K -21,806 -35%
HB
24
Homrich & Berg
Georgia
$1.66M +$62.7K +1,598 +4%
UBS Group
25
UBS Group
Switzerland
$1.62M -$1.72M -43,713 -54%

DKL Hedge Fund Activity: Q1 2015 in Review

45 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q1 2015, worth a combined $330M — up 25% from $265M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new DKL positions and 7 closed out — a net gain of 3 holders — while 10 added to existing stakes and 13 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $21.1M. The largest seller was Morgan Stanley, cutting an estimated $14.2M.

  • 45 institutional investors held Delek Logistics (DKL) as of Q1 2015, up from 42 in Q4 2014.
  • Funds reported $330M of Delek Logistics stock for Q1 2015, up 25% quarter-over-quarter.
  • 10 funds opened new Delek Logistics positions in Q1 2015 and 7 closed out, a net change of +3 holders.
  • The largest Delek Logistics buyer in Q1 2015 was Allianz Asset Management, an estimated $21.1M added.
  • The largest Delek Logistics seller in Q1 2015 was Morgan Stanley, an estimated $14.2M sold.

Based on aggregated 13F filings for Q1 2015.