Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
24 hedge funds and large institutions have $65.1M invested in Goldman Sachs MLP Energy Renaissance Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
4% less funds holding
Funds holding: 25 → 24 (-1)
16% less capital invested
Capital invested by funds: $77.7M → $65.1M (-$12.6M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.24M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.13M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.34M |
| 4 |
Citigroup
New York
|
+$1.18M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$877K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.76M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.3M |
| 4 |
Morgan Stanley
New York
|
-$1.03M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$571K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Stifel Financial
St. Louis,
Missouri
| – | -$1.3M | -10,200 | Closed |
|
27
Jane Street
New York
| – | -$324K | -2,537 | Closed |
|
|
BRWA
28
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$33 | -255 | Closed |
|
GER Hedge Fund Activity: Q1 2015 in Review
24 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q1 2015, worth a combined $65.1M — down 16% from $77.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GER and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $5.24M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $15.5M sold.
- 24 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q1 2015, down from 25 in Q4 2014.
- Funds reported $65.1M of Goldman Sachs MLP Energy Renaissance Fund stock for Q1 2015, down 16% quarter-over-quarter.
- 3 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q1 2015 and 4 closed out, a net change of -1 holder.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q1 2015 was Bank of America, an estimated $5.24M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q1 2015 was Rivernorth Capital Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2015.