Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
48 hedge funds and large institutions have $96.7M invested in Goldman Sachs MLP Energy Renaissance Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 9 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
6% more capital invested
Capital invested by funds: $91.6M → $96.7M (+$5.12M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.76% less ownership
Funds ownership: 23.16% → 20.39% (-2.8%)
9% less funds holding
Funds holding: 53 → 48 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$519K |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$324K |
| 3 |
LPL Financial
San Diego,
California
|
+$281K |
| 4 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$204K |
| 5 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.04M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$2.79M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$641K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$369K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$303K |
GER Hedge Fund Activity: Q1 2019 in Review
48 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q1 2019, worth a combined $96.7M — up 5.6% from $91.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GER and 4 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was UBS Group, adding an estimated $519K. The largest seller was Rivernorth Capital Management, cutting an estimated $8.04M.
- 48 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q1 2019, down from 53 in Q4 2018.
- Funds reported $96.7M of Goldman Sachs MLP Energy Renaissance Fund stock for Q1 2019, up 5.6% quarter-over-quarter.
- 4 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q1 2019 and 9 closed out, a net change of -5 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q1 2019 was UBS Group, an estimated $519K added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $8.04M sold.
Based on aggregated 13F filings for Q1 2019.