Global Partners
49 hedge funds and large institutions have $415M invested in Global Partners in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
20% more capital invested
Capital invested by funds: $344M → $415M (+$70.5M)
12.03% more ownership
Funds ownership: 31.44% → 43.47% (+12%)
7% more call options, than puts
Call options by funds: $966K | Put options by funds: $907K
2% less funds holding
Funds holding: 50 → 49 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$119M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$2.02M |
| 3 |
ClearBridge Investments
New York
|
+$672K |
| 4 |
B
Barings
Charlotte,
North Carolina
|
+$650K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.08M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.11M |
| 3 |
Morgan Stanley
New York
|
-$1.91M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.52M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$625K |
GLP Hedge Fund Activity: Q3 2013 in Review
49 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Global Partners (GLP) for Q3 2013, worth a combined $415M — up 20% from $344M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GLP and 5 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 20 added.
The largest buyer was OppenheimerFunds, adding an estimated $119M. The largest seller was Credit Suisse, cutting an estimated $3.08M.
- 49 institutional investors held Global Partners (GLP) as of Q3 2013, down from 50 in Q2 2013.
- Funds reported $415M of Global Partners stock for Q3 2013, up 20% quarter-over-quarter.
- 5 funds opened new Global Partners positions in Q3 2013 and 6 closed out, a net change of -1 holder.
- The largest Global Partners buyer in Q3 2013 was OppenheimerFunds, an estimated $119M added.
- The largest Global Partners seller in Q3 2013 was Credit Suisse, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2013.