Holly Energy Partners, L.P.
HEP was delisted on the 30th of November, 2023.
114 hedge funds and large institutions have $837M invested in Holly Energy Partners, L.P. in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 20 reducing their positions, and 13 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 20
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
9% more funds holding
Funds holding: 105 → 114 (+9)
6% less capital invested
Capital invested by funds: $894M → $837M (-$57M)
69% less call options, than puts
Call options by funds: $2.98M | Put options by funds: $9.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$24.3M |
| 2 |
Morgan Stanley
New York
|
+$20.5M |
| 3 |
Citigroup
New York
|
+$20M |
| 4 |
JP Morgan Chase
New York
|
+$11.1M |
| 5 |
Goldman Sachs
New York
|
+$9.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$109M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$18.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.65M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$7.16M |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$6.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAIM
126
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$1K | -25 | Closed |
|
127
Fidelity Investments
Boston,
Massachusetts
| – | +$27 | +1 | New |
|
HEP Hedge Fund Activity: Q3 2019 in Review
114 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Holly Energy Partners, L.P. (HEP) for Q3 2019, worth a combined $837M — down 6.4% from $894M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HEP positions and 13 closed out — a net gain of 10 holders — while 37 added to existing stakes and 20 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $24.3M. The largest seller was ALPS Advisors, cutting an estimated $109M.
- 114 institutional investors held Holly Energy Partners, L.P. (HEP) as of Q3 2019, up from 105 in Q2 2019.
- Funds reported $837M of Holly Energy Partners, L.P. stock for Q3 2019, down 6.4% quarter-over-quarter.
- 23 funds opened new Holly Energy Partners, L.P. positions in Q3 2019 and 13 closed out, a net change of +10 holders.
- The largest Holly Energy Partners, L.P. buyer in Q3 2019 was Tortoise Capital Advisors, an estimated $24.3M added.
- The largest Holly Energy Partners, L.P. seller in Q3 2019 was ALPS Advisors, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2019.