Global Partners
52 hedge funds and large institutions have $331M invested in Global Partners in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
6% more capital invested
Capital invested by funds: $312M → $331M (+$19M)
0.81% more ownership
Funds ownership: 32.1% → 32.91% (+0.81%)
2% less funds holding
Funds holding: 53 → 52 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
26% less call options, than puts
Call options by funds: $588K | Put options by funds: $793K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$5.64M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$4.77M |
| 3 |
ClearBridge Investments
New York
|
+$2.17M |
| 4 |
LCM
Levitt Capital Management
Boca Raton,
Florida
|
+$859K |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$410K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.67M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$773K |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$708K |
| 4 |
Morgan Stanley
New York
|
-$364K |
| 5 |
NERM
New England Research & Management
Chicago,
Illinois
|
-$339K |
GLP Hedge Fund Activity: Q1 2014 in Review
52 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Global Partners (GLP) for Q1 2014, worth a combined $331M — up 6.1% from $312M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GLP and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 21 added.
The largest buyer was Citigroup, adding an estimated $5.64M. The largest seller was Credit Suisse, cutting an estimated $5.67M.
- 52 institutional investors held Global Partners (GLP) as of Q1 2014, down from 53 in Q4 2013.
- Funds reported $331M of Global Partners stock for Q1 2014, up 6.1% quarter-over-quarter.
- 6 funds opened new Global Partners positions in Q1 2014 and 7 closed out, a net change of -1 holder.
- The largest Global Partners buyer in Q1 2014 was Citigroup, an estimated $5.64M added.
- The largest Global Partners seller in Q1 2014 was Credit Suisse, an estimated $5.67M sold.
Based on aggregated 13F filings for Q1 2014.