Goldman Sachs MLP Energy Renaissance Fund
GER
GER was delisted on the 5th of July, 2023.
51 hedge funds and large institutions have $53.7M invested in Goldman Sachs MLP Energy Renaissance Fund in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more capital invested
Capital invested by funds: $51.5M → $53.7M (+$2.28M)
0% more funds holding
Funds holding: 51 → 51 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.51M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.4M |
| 3 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$1.02M |
| 4 |
Morgan Stanley
New York
|
+$464K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.49M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.33M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$1.29M |
| 4 |
BCM
Bourgeon Capital Management
Darien,
Connecticut
|
-$467K |
| 5 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$390K |
GER Hedge Fund Activity: Q3 2022 in Review
51 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Energy Renaissance Fund (GER) for Q3 2022, worth a combined $53.7M — up 4.4% from $51.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GER positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 19 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.51M. The largest seller was Almitas Capital, cutting an estimated $1.49M.
- 51 institutional investors held Goldman Sachs MLP Energy Renaissance Fund (GER) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $53.7M of Goldman Sachs MLP Energy Renaissance Fund stock for Q3 2022, up 4.4% quarter-over-quarter.
- 6 funds opened new Goldman Sachs MLP Energy Renaissance Fund positions in Q3 2022 and 5 closed out, a net change of +1 holder.
- The largest Goldman Sachs MLP Energy Renaissance Fund buyer in Q3 2022 was Saba Capital Management, an estimated $2.51M added.
- The largest Goldman Sachs MLP Energy Renaissance Fund seller in Q3 2022 was Almitas Capital, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2022.