Holly Energy Partners, L.P.
HEP was delisted on the 30th of November, 2023.
107 hedge funds and large institutions have $891M invested in Holly Energy Partners, L.P. in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 19 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
1.02% less ownership
Funds ownership: 32.32% → 31.3% (-1%)
2% less funds holding
Funds holding: 109 → 107 (-2)
8% less capital invested
Capital invested by funds: $973M → $891M (-$82.7M)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
37% less call options, than puts
Call options by funds: $3.81M | Put options by funds: $6.02M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$15.5M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$2.85M |
| 3 |
Goldman Sachs
New York
|
+$2.15M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.82M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$31.5M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
-$6.35M |
| 3 |
JP Morgan Chase
New York
|
-$4.96M |
| 4 |
O
OppenheimerFunds
New York
|
-$4.71M |
| 5 |
BCFA
BP Capital Fund Advisors
Dallas,
Texas
|
-$2.57M |
HEP Hedge Fund Activity: Q1 2019 in Review
107 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Holly Energy Partners, L.P. (HEP) for Q1 2019, worth a combined $891M — down 8.5% from $973M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HEP and 17 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 32 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $15.5M. The largest seller was Tortoise Capital Advisors, cutting an estimated $31.5M.
- 107 institutional investors held Holly Energy Partners, L.P. (HEP) as of Q1 2019, down from 109 in Q4 2018.
- Funds reported $891M of Holly Energy Partners, L.P. stock for Q1 2019, down 8.5% quarter-over-quarter.
- 17 funds opened new Holly Energy Partners, L.P. positions in Q1 2019 and 19 closed out, a net change of -2 holders.
- The largest Holly Energy Partners, L.P. buyer in Q1 2019 was Mirae Asset Global Investments, an estimated $15.5M added.
- The largest Holly Energy Partners, L.P. seller in Q1 2019 was Tortoise Capital Advisors, an estimated $31.5M sold.
Based on aggregated 13F filings for Q1 2019.