Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
52 hedge funds and large institutions have $70.9M invested in Goldman Sachs MLP Energy Renaissance Fund in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 12 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 55 → 52 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
27% less capital invested
Capital invested by funds: $97.1M → $70.9M (-$26.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.22M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.19M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$253K |
| 4 |
AP
Arlington Partners
Birmingham,
Alabama
|
+$203K |
| 5 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$16.9M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$2.19M |
| 3 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$1.67M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.57M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$783K |
GER Hedge Fund Activity: Q3 2019 in Review
52 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q3 2019, worth a combined $70.9M — down 27% from $97.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GER and 9 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $1.22M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $16.9M sold.
- 52 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q3 2019, down from 55 in Q2 2019.
- Funds reported $70.9M of Goldman Sachs MLP Energy Renaissance Fund stock for Q3 2019, down 27% quarter-over-quarter.
- 9 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q3 2019 and 12 closed out, a net change of -3 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q3 2019 was Morgan Stanley, an estimated $1.22M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q3 2019 was Rivernorth Capital Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2019.