Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
49 hedge funds and large institutions have $65.3M invested in Goldman Sachs MLP Energy Renaissance Fund in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 14 closing their positions.
5% more capital invested
Capital invested by funds: $62.3M → $65.3M (+$2.98M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 57 → 49 (-8)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.37M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.91M |
| 3 |
Morgan Stanley
New York
|
+$997K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$591K |
| 5 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$1.06M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$868K |
| 3 |
ICM
Ionic Capital Management
New York
|
-$845K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$739K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$731K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WWM
51
Western Wealth Management
Golden,
Colorado
| – | -$868K | -67,950 | Closed |
|
|
ICM
52
Ionic Capital Management
New York
| – | -$845K | -66,102 | Closed |
|
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$731K | -57,195 | Closed |
|
|
OFG
54
OTA Financial Group
Purchase,
New York
| – | -$616K | -48,270 | Closed |
|
|
RL
55
RPO LLC
Stamford,
Connecticut
| – | -$266K | -20,794 | Closed |
|
|
IAIM
56
International Assets Investment Management
Orlando,
Florida
| – | -$191K | -14,931 | Closed |
|
|
EM
57
ELCO Management
New York
| – | -$150K | -11,714 | Closed |
|
|
RJA
58
Raymond James & Associates
St Petersburg,
Florida
| – | -$146K | -11,407 | Closed |
|
|
EC
59
Elequin Capital
New York
| – | -$66.7K | -5,217 | Closed |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10.1K | -794 | Closed |
|
|
MCC
61
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$4.77K | -373 | Closed |
|
|
USCWA
62
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$2.84K | -222 | Closed |
|
GER Hedge Fund Activity: Q1 2023 in Review
49 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q1 2023, worth a combined $65.3M — up 4.8% from $62.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GER and 6 opened new positions — a net loss of 8 holders — while 18 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $3.37M. The largest seller was Merriman Wealth Management, exiting entirely with an estimated $1.06M sold.
- 49 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $65.3M of Goldman Sachs MLP Energy Renaissance Fund stock for Q1 2023, up 4.8% quarter-over-quarter.
- 6 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q1 2023 and 14 closed out, a net change of -8 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q1 2023 was Saba Capital Management, an estimated $3.37M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q1 2023 was Merriman Wealth Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2023.