Global Partners
69 hedge funds and large institutions have $179M invested in Global Partners in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 12 closing their positions.
2.04% less ownership
Funds ownership: 41% → 38.97% (-2%)
4% less funds holding
Funds holding: 72 → 69 (-3)
13% less capital inflows, than outflows
Capital inflows: $70.1M | Capital outflows: $80.2M
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
22% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 27
93% less call options, than puts
Call options by funds: $805K | Put options by funds: $11.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.2M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$19.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.14M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.04M |
| 5 |
ING Group
Amsterdam,
Netherlands
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$35.8M |
| 2 |
Goldman Sachs
New York
|
-$17.9M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$4.56M |
| 4 |
OppenheimerFunds
New York
|
-$4.42M |
| 5 |
Penserra Capital Management
Orinda,
California
|
-$2.94M |
GLP Hedge Fund Activity: Q1 2016 in Review
69 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Global Partners (GLP) for Q1 2016, worth a combined $179M — down 27% from $245M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GLP and 10 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $25.2M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $35.8M.
- 69 institutional investors held Global Partners (GLP) as of Q1 2016, down from 72 in Q4 2015.
- Funds reported $179M of Global Partners stock for Q1 2016, down 27% quarter-over-quarter.
- 10 funds opened new Global Partners positions in Q1 2016 and 12 closed out, a net change of -2 holders.
- The largest Global Partners buyer in Q1 2016 was Morgan Stanley, an estimated $25.2M added.
- The largest Global Partners seller in Q1 2016 was Kayne Anderson Capital Advisors, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2016.