Global Partners
66 hedge funds and large institutions have $172M invested in Global Partners in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 8 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
4% less capital invested
Capital invested by funds: $179M → $172M (-$6.71M)
2.04% less ownership
Funds ownership: 38.97% → 36.92% (-2%)
4% less funds holding
Funds holding: 69 → 66 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
91% less call options, than puts
Call options by funds: $982K | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$7.34M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.61M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.54M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.17M |
| 5 |
Rafferty Asset Management
New York
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.25M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.08M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$1.75M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$717K |
GLP Hedge Fund Activity: Q2 2016 in Review
66 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Global Partners (GLP) for Q2 2016, worth a combined $172M — down 3.8% from $179M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GLP and 6 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 20 added.
The largest buyer was HITE Hedge Asset Management, adding an estimated $7.34M. The largest seller was Morgan Stanley, cutting an estimated $14.1M.
- 66 institutional investors held Global Partners (GLP) as of Q2 2016, down from 69 in Q1 2016.
- Funds reported $172M of Global Partners stock for Q2 2016, down 3.8% quarter-over-quarter.
- 6 funds opened new Global Partners positions in Q2 2016 and 8 closed out, a net change of -2 holders.
- The largest Global Partners buyer in Q2 2016 was HITE Hedge Asset Management, an estimated $7.34M added.
- The largest Global Partners seller in Q2 2016 was Morgan Stanley, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2016.