Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
34 hedge funds and large institutions have $13.6M invested in Goldman Sachs MLP Energy Renaissance Fund in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 21 closing their positions.
39% more capital invested
Capital invested by funds: $9.74M → $13.6M (+$3.82M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
19% less funds holding
Funds holding: 42 → 34 (-8)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.72M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
+$614K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$227K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$175K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.34M |
| 2 |
QPWM
Quadrant Private Wealth Management
Center Valley,
Pennsylvania
|
-$468K |
| 3 |
Rockefeller Capital Management
New York
|
-$122K |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$76.9K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$63.5K |
GER Hedge Fund Activity: Q2 2020 in Review
34 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q2 2020, worth a combined $13.6M — up 39% from $9.74M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of GER and 13 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $3.72M. The largest seller was Morgan Stanley, cutting an estimated $2.34M.
- 34 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q2 2020, down from 42 in Q1 2020.
- Funds reported $13.6M of Goldman Sachs MLP Energy Renaissance Fund stock for Q2 2020, up 39% quarter-over-quarter.
- 13 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q2 2020 and 21 closed out, a net change of -8 holders.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q2 2020 was Cornerstone Advisors, an estimated $3.72M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q2 2020 was Morgan Stanley, an estimated $2.34M sold.
Based on aggregated 13F filings for Q2 2020.