Delek Logistics
45 hedge funds and large institutions have $235M invested in Delek Logistics in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 5 closing their positions.
197% more call options, than puts
Call options by funds: $2M | Put options by funds: $673K
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
10% more funds holding
Funds holding: 41 → 45 (+4)
0.19% more ownership
Funds ownership: 63.41% → 63.6% (+0.19%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
34% less capital invested
Capital invested by funds: $357M → $235M (-$121M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$2.04M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.84M |
| 4 |
TWMP
Taylor Wealth Management Partners
Boston,
Massachusetts
|
+$1.83M |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$6.52M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$4.3M |
| 3 |
ClearBridge Investments
New York
|
-$2.64M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$707K |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$624K |
DKL Hedge Fund Activity: Q3 2015 in Review
45 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q3 2015, worth a combined $235M — down 34% from $357M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DKL positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.1M. The largest seller was Northwestern Mutual Investment Management Company, cutting an estimated $6.52M.
- 45 institutional investors held Delek Logistics (DKL) as of Q3 2015, up from 41 in Q2 2015.
- Funds reported $235M of Delek Logistics stock for Q3 2015, down 34% quarter-over-quarter.
- 9 funds opened new Delek Logistics positions in Q3 2015 and 5 closed out, a net change of +4 holders.
- The largest Delek Logistics buyer in Q3 2015 was Fidelity Investments, an estimated $8.1M added.
- The largest Delek Logistics seller in Q3 2015 was Northwestern Mutual Investment Management Company, an estimated $6.52M sold.
Based on aggregated 13F filings for Q3 2015.