Global Partners
63 hedge funds and large institutions have $259M invested in Global Partners in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 10 closing their positions.
3% less capital invested
Capital invested by funds: $267M → $259M (-$7.9M)
1.31% less ownership
Funds ownership: 40.32% → 39.01% (-1.3%)
10% less funds holding
Funds holding: 70 → 63 (-7)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
81% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $7.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.78M |
| 2 |
O
OppenheimerFunds
New York
|
+$4M |
| 3 |
Goldman Sachs
New York
|
+$1.4M |
| 4 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$907K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.72M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$3.64M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$3.04M |
| 4 |
VanEck Associates
New York
|
-$2.56M |
| 5 |
Renaissance Technologies
New York
|
-$1.51M |
GLP Hedge Fund Activity: Q1 2017 in Review
63 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Global Partners (GLP) for Q1 2017, worth a combined $259M — down 3% from $267M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GLP and 4 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $6.78M. The largest seller was UBS Group, cutting an estimated $5.72M.
- 63 institutional investors held Global Partners (GLP) as of Q1 2017, down from 70 in Q4 2016.
- Funds reported $259M of Global Partners stock for Q1 2017, down 3% quarter-over-quarter.
- 4 funds opened new Global Partners positions in Q1 2017 and 10 closed out, a net change of -6 holders.
- The largest Global Partners buyer in Q1 2017 was Morgan Stanley, an estimated $6.78M added.
- The largest Global Partners seller in Q1 2017 was UBS Group, an estimated $5.72M sold.
Based on aggregated 13F filings for Q1 2017.