Delek Logistics
47 hedge funds and large institutions have $175M invested in Delek Logistics in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 7 closing their positions.
195% more call options, than puts
Call options by funds: $2.97M | Put options by funds: $1.01M
3% more capital invested
Capital invested by funds: $169M → $175M (+$5.76M)
0.24% more ownership
Funds ownership: 22.1% → 22.33% (+0.24%)
2% less funds holding
Funds holding: 48 → 47 (-1)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.76M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$1.88M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.39M |
| 4 |
Morgan Stanley
New York
|
+$1.39M |
| 5 |
Jane Street
New York
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.49M |
| 2 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
-$1.41M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$966K |
| 4 |
TWMP
Taylor Wealth Management Partners
Boston,
Massachusetts
|
-$516K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$495K |
DKL Hedge Fund Activity: Q4 2019 in Review
47 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q4 2019, worth a combined $175M — up 3.4% from $169M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DKL and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 15 added.
The largest buyer was Fidelity Investments, adding an estimated $2.76M. The largest seller was Goldman Sachs, cutting an estimated $4.49M.
- 47 institutional investors held Delek Logistics (DKL) as of Q4 2019, down from 48 in Q3 2019.
- Funds reported $175M of Delek Logistics stock for Q4 2019, up 3.4% quarter-over-quarter.
- 6 funds opened new Delek Logistics positions in Q4 2019 and 7 closed out, a net change of -1 holder.
- The largest Delek Logistics buyer in Q4 2019 was Fidelity Investments, an estimated $2.76M added.
- The largest Delek Logistics seller in Q4 2019 was Goldman Sachs, an estimated $4.49M sold.
Based on aggregated 13F filings for Q4 2019.