Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
46 hedge funds and large institutions have $99.9M invested in Goldman Sachs MLP Energy Renaissance Fund in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
53% more capital invested
Capital invested by funds: $65.3M → $99.9M (+$34.6M)
6% less funds holding
Funds holding: 49 → 46 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$13.3M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$8.31M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$3.3M |
| 4 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
+$2.22M |
| 5 |
SCM
Saba Capital Management
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.4M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.86M |
| 3 |
BCM
Bourgeon Capital Management
Darien,
Connecticut
|
-$2.61M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.47M |
| 5 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$883K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Capital
New York
| – | -$408K | -31,158 | Closed |
|
|
TB
52
Terril Brothers
St. Louis,
Missouri
| – | -$377K | -28,792 | Closed |
|
|
PAG
53
Private Advisor Group
Morristown,
New Jersey
| – | -$327K | -24,944 | Closed |
|
54
HighTower Advisors
Chicago,
Illinois
| – | -$251K | -19,590 | Closed |
|
|
JMPWA
55
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$144K | -10,991 | Closed |
|
|
BAM
56
Belpointe Asset Management
Reno,
Nevada
| – | -$24.9K | -1,904 | Closed |
|
|
PCM
57
Pointe Capital Management
Grosse Pointe Farms,
Michigan
| – | -$7.34K | -560 | Closed |
|
58
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -339 | Closed |
|
GER Hedge Fund Activity: Q2 2023 in Review
46 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q2 2023, worth a combined $99.9M — up 53% from $65.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GER and 10 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $13.3M. The largest seller was Morgan Stanley, cutting an estimated $3.4M.
- 46 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q2 2023, down from 49 in Q1 2023.
- Funds reported $99.9M of Goldman Sachs MLP Energy Renaissance Fund stock for Q2 2023, up 53% quarter-over-quarter.
- 10 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q2 2023 and 12 closed out, a net change of -2 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q2 2023 was Yakira Capital Management, an estimated $13.3M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q2 2023 was Morgan Stanley, an estimated $3.4M sold.
Based on aggregated 13F filings for Q2 2023.