Global Partners
53 hedge funds and large institutions have $312M invested in Global Partners in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
8% more funds holding
Funds holding: 49 → 53 (+4)
10% more call options, than puts
Call options by funds: $894K | Put options by funds: $813K
11.37% less ownership
Funds ownership: 43.47% → 32.1% (-11%)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
25% less capital invested
Capital invested by funds: $415M → $312M (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHIC
Marble Harbor Investment Counsel
Boston,
Massachusetts
|
+$1.62M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$590K |
| 3 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$574K |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$314K |
| 5 |
NES
New England Securities
New York
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$106M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$4.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.39M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.27M |
| 5 |
Renaissance Technologies
New York
|
-$574K |
GLP Hedge Fund Activity: Q4 2013 in Review
53 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Global Partners (GLP) for Q4 2013, worth a combined $312M — down 25% from $415M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GLP positions and 7 closed out — a net gain of 5 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Marble Harbor Investment Counsel, opening a new position worth an estimated $1.62M. The largest seller was OppenheimerFunds, cutting an estimated $106M.
- 53 institutional investors held Global Partners (GLP) as of Q4 2013, up from 49 in Q3 2013.
- Funds reported $312M of Global Partners stock for Q4 2013, down 25% quarter-over-quarter.
- 12 funds opened new Global Partners positions in Q4 2013 and 7 closed out, a net change of +5 holders.
- The largest Global Partners buyer in Q4 2013 was Marble Harbor Investment Counsel, an estimated $1.62M added.
- The largest Global Partners seller in Q4 2013 was OppenheimerFunds, an estimated $106M sold.
Based on aggregated 13F filings for Q4 2013.