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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.

New
Increased
Maintained
Reduced
Closed

195% more call options, than puts

Call options by funds: $2.97M | Put options by funds: $1.01M

4% more capital invested

Capital invested by funds: $168M → $175M (+$6.2M)

0.24% more ownership

Funds ownership: 22.1%22.33% (+0.24%)

2% less funds holding

Funds holding: 4847 (-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: 10 (-1)

Holders
47
Holders Change
-1
Holders Change %
-2.08%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
15
Reduced
17
Closed
7
Calls
$2.97M
Puts
$1.01M
Net Calls
+$1.97M
Net Calls Change
-$29K
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$56.3M +$1.88M +59,153 +3%
ClearBridge Investments
2
ClearBridge Investments
New York
$21.3M
Goldman Sachs
3
Goldman Sachs
New York
$18.6M -$4.49M -141,496 -20%
Invesco
4
Invesco
Georgia
$14.5M +$1.59K +50 +0%
Mirae Asset Global Investments
5
Mirae Asset Global Investments
South Korea
$13.3M +$1.39M +43,827 +12%
JP Morgan Chase
6
JP Morgan Chase
New York
$7.65M +$231K +7,284 +3%
First Trust Advisors
7
First Trust Advisors
Illinois
$6.06M -$482K -15,165 -7%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$4.91M +$2.76M +86,901 +130%
Allianz Asset Management
9
Allianz Asset Management
Germany
$4.72M -$127K -4,003 -3%
KCM
10
Kornitzer Capital Management
Kansas
$4.47M
VEA
11
Virtus ETF Advisers
New York
$3.63M +$656K +20,652 +22%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$3.3M +$318K +10,004 +11%
Morgan Stanley
13
Morgan Stanley
New York
$2.63M +$1.39M +43,721 +113%
PH
14
Pinnacle Holdings
Oklahoma
$1.87M -$26.7K -840 -1%
UBS Group
15
UBS Group
Switzerland
$1.1M -$398K -12,535 -27%
BI
16
Bramshill Investments
Florida
$924K
Bank of America
17
Bank of America
North Carolina
$855K -$119K -3,759 -12%
Jane Street
18
Jane Street
New York
$828K +$823K +25,910 New
PTP
19
Platform Technology Partners
New York
$826K +$820K +25,838 New
Wells Fargo
20
Wells Fargo
California
$716K -$58.3K -1,837 -8%
RJA
21
Raymond James & Associates
Florida
$710K +$102K +3,209 +17%
GC
22
Guggenheim Capital
Illinois
$621K -$29.7K -934 -5%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$546K -$19.1K -600 -3%
LPL Financial
24
LPL Financial
California
$481K +$47.8K +1,504 +11%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$461K +$98.4K +3,100 +27%

DKL Hedge Fund Activity: Q4 2019 in Review

47 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q4 2019, worth a combined $175M — up 3.7% from $168M 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 3.7% 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.