Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
53 hedge funds and large institutions have $91.6M invested in Goldman Sachs MLP Energy Renaissance Fund in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 22 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $98.3M → $91.6M (-$6.71M)
21% less funds holding
Funds holding: 67 → 53 (-14)
64% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$19.7M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$3.42M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.81M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.27M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.57M |
| 2 |
Morgan Stanley
New York
|
-$1.99M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.8M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.35M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.24M |
GER Hedge Fund Activity: Q4 2018 in Review
53 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q4 2018, worth a combined $91.6M — down 6.8% from $98.3M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GER and 8 opened new positions — a net loss of 14 holders — while 16 trimmed existing stakes and 17 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $19.7M. The largest seller was UBS Group, cutting an estimated $3.57M.
- 53 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q4 2018, down from 67 in Q3 2018.
- Funds reported $91.6M of Goldman Sachs MLP Energy Renaissance Fund stock for Q4 2018, down 6.8% quarter-over-quarter.
- 8 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q4 2018 and 22 closed out, a net change of -14 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $19.7M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q4 2018 was UBS Group, an estimated $3.57M sold.
Based on aggregated 13F filings for Q4 2018.