Hugoton Royalty Trust
HGT
HGT was delisted on the 24th of August, 2018.
70 hedge funds and large institutions have $16.7M invested in Hugoton Royalty Trust in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 13 closing their positions.
9% less funds holding
Funds holding: 77 → 70 (-7)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
45% less capital invested
Capital invested by funds: $30.4M → $16.7M (-$13.6M)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
75% less call options, than puts
Call options by funds: $95K | Put options by funds: $381K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$933K |
| 2 |
MFP
Michael F. Price
|
+$426K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$272K |
| 4 |
Renaissance Technologies
New York
|
+$272K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$1.65M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$935K |
| 3 |
Morgan Stanley
New York
|
-$433K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$398K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
76
BlackRock Advisors
Wilmington,
Delaware
| – | -$31K | -5,226 | Closed |
|
|
PCM
77
Prelude Capital Management
New York
| – | -$21K | -3,600 | Closed |
|
78
Creative Planning
Overland Park,
Kansas
| – | -$21K | -3,594 | Closed |
|
79
Simplex Trading
Chicago,
Illinois
| – | -$5.8K | -1,239 | -93% |
|
|
IC
80
Intersect Capital
San Ramon,
California
| – | -$4K | -800 | Closed |
|
|
AC
81
Alexandria Capital
Arlington,
Virginia
| – | -$1K | -240 | Closed |
|
HGT Hedge Fund Activity: Q2 2015 in Review
70 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Hugoton Royalty Trust (HGT) for Q2 2015, worth a combined $16.7M — down 45% from $30.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HGT and 7 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 18 added.
The largest buyer was Systematic Financial Management, adding an estimated $933K. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $1.65M sold.
- 70 institutional investors held Hugoton Royalty Trust (HGT) as of Q2 2015, down from 77 in Q1 2015.
- Funds reported $16.7M of Hugoton Royalty Trust stock for Q2 2015, down 45% quarter-over-quarter.
- 7 funds opened new Hugoton Royalty Trust positions in Q2 2015 and 13 closed out, a net change of -6 holders.
- The largest Hugoton Royalty Trust buyer in Q2 2015 was Systematic Financial Management, an estimated $933K added.
- The largest Hugoton Royalty Trust seller in Q2 2015 was McGowan Group Asset Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2015.