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Delek Logistics

50 hedge funds and large institutions have $131M invested in Delek Logistics in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $6.23M | Put options by funds: $3.03M

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

28% more capital invested

Capital invested by funds: $102M → $131M (+$29M)

11% more funds holding

Funds holding: 4550 (+5)

4.51% less ownership

Funds ownership: 15.14%10.64% (-4.5%)

25% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 16

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
50
Holders Change
+5
Holders Change %
+11.11%
% of All Funds
1.01%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
12
Reduced
16
Closed
6
Calls
$6.23M
Puts
$3.03M
Net Calls
+$3.2M
Net Calls Change
-$302K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$51.5M +$6.96M +236,372 +15%
Mirae Asset Global Investments
2
Mirae Asset Global Investments
South Korea
$12.8M +$620K +21,041 +5%
ClearBridge Investments
3
ClearBridge Investments
New York
$11.5M
Goldman Sachs
4
Goldman Sachs
New York
$9.96M -$2.39M -81,289 -19%
JP Morgan Chase
5
JP Morgan Chase
New York
$8.02M +$3.4M +115,481 +71%
KCM
6
Kornitzer Capital Management
Kansas
$3.97M
TCA
7
Tortoise Capital Advisors
Kansas
$3.84M
Fidelity Investments
8
Fidelity Investments
Massachusetts
$2.98M
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$2.96M -$22.2K -755 -0.7%
Allianz Asset Management
10
Allianz Asset Management
Germany
$2.53M -$886K -30,095 -25%
First Trust Advisors
11
First Trust Advisors
Illinois
$2.49M +$2.59M +87,842 New
NIM
12
NXG Investment Management
Texas
$2.13M -$839K -28,472 -27%
Blackstone Inc
13
Blackstone Inc
New York
$1.85M
Rafferty Asset Management
14
Rafferty Asset Management
New York
$1.73M -$501K -17,006 -22%
PH
15
Pinnacle Holdings
Oklahoma
$1.38M -$104K -3,544 -7%
VEA
16
Virtus ETF Advisers
New York
$1.31M -$2.13M -72,311 -61%
Deutsche Bank
17
Deutsche Bank
Germany
$1.31M +$1.36M +46,100 New
RJA
18
Raymond James & Associates
Florida
$1.06M +$102K +3,450 +10%
LPL Financial
19
LPL Financial
California
$812K -$29.5K -1,000 -3%
BRWM
20
B. Riley Wealth Management
Tennessee
$800K +$830K +28,194 New
UBS Group
21
UBS Group
Switzerland
$699K -$253K -8,592 -26%
Bank of America
22
Bank of America
North Carolina
$576K +$380K +12,900 +173%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$573K +$23.6K +800 +4%
SFI
24
Susquehanna Fundamental Investments
Pennsylvania
$502K +$185K +6,289 +55%
Wells Fargo
25
Wells Fargo
California
$469K -$47.8K -1,624 -9%

DKL Hedge Fund Activity: Q3 2020 in Review

50 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Delek Logistics (DKL) for Q3 2020, worth a combined $131M — up 28% from $102M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new DKL positions and 6 closed out — a net gain of 5 holders — while 12 added to existing stakes and 16 trimmed.

The largest buyer was Invesco, adding an estimated $6.96M. The largest seller was Goldman Sachs, cutting an estimated $2.39M.

  • 50 institutional investors held Delek Logistics (DKL) as of Q3 2020, up from 45 in Q2 2020.
  • Funds reported $131M of Delek Logistics stock for Q3 2020, up 28% quarter-over-quarter.
  • 11 funds opened new Delek Logistics positions in Q3 2020 and 6 closed out, a net change of +5 holders.
  • The largest Delek Logistics buyer in Q3 2020 was Invesco, an estimated $6.96M added.
  • The largest Delek Logistics seller in Q3 2020 was Goldman Sachs, an estimated $2.39M sold.

Based on aggregated 13F filings for Q3 2020.