Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
51 hedge funds and large institutions have $40.1M invested in Goldman Sachs MLP Energy Renaissance Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 24 reducing their positions, and 7 closing their positions.
6% more capital invested
Capital invested by funds: $37.8M → $40.1M (+$2.24M)
9% less funds holding
Funds holding: 56 → 51 (-5)
46% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 24
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.2M |
| 2 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$655K |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$580K |
| 4 |
ICM
Ionic Capital Management
New York
|
+$496K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quantedge Capital
Singapore
|
-$1.85M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$749K |
| 4 |
BCM
Bourgeon Capital Management
Darien,
Connecticut
|
-$638K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$624K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Cornerstone Advisors
Asheville,
North Carolina
| – | -$383K | -39,515 | Closed |
|
|
IAIM
52
International Assets Investment Management
Orlando,
Florida
| – | -$21K | -2,738 | Closed |
|
|
CT
53
Caldwell Trust
Venice,
Florida
| – | -$3.92K | -405 | Closed |
|
|
HNB
54
Huntington National Bank
Columbus,
Ohio
| – | -$4K | -373 | Closed |
|
|
RWB
55
RMR Wealth Builders
Montclair,
New Jersey
| – | -$3K | -347 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$99 | +9 | New |
|
GER Hedge Fund Activity: Q2 2021 in Review
51 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q2 2021, worth a combined $40.1M — up 5.9% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GER and 2 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $1.2M. The largest seller was Quantedge Capital, exiting entirely with an estimated $1.85M sold.
- 51 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q2 2021, down from 56 in Q1 2021.
- Funds reported $40.1M of Goldman Sachs MLP Energy Renaissance Fund stock for Q2 2021, up 5.9% quarter-over-quarter.
- 2 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q2 2021 and 7 closed out, a net change of -5 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q2 2021 was Morgan Stanley, an estimated $1.2M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q2 2021 was Quantedge Capital, an estimated $1.85M sold.
Based on aggregated 13F filings for Q2 2021.