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Kinder Morgan

1,040 hedge funds and large institutions have $18.7B invested in Kinder Morgan in 2015 Q4 according to their latest regulatory filings, with 135 funds opening new positions, 307 increasing their positions, 531 reducing their positions, and 263 closing their positions.

New
Increased
Maintained
Reduced
Closed

216% more call options, than puts

Call options by funds: $1.53B | Put options by funds: $483M

0.24% more ownership

Funds ownership: 56.58%56.81% (+0.24%)

12% less funds holding

Funds holding: 1,1821,040 (-142)

42% less repeat investments, than reductions

Existing positions increased: 307 | Existing positions reduced: 531

47% less capital invested

Capital invested by funds: $35.2B → $18.7B (-$16.5B)

49% less first-time investments, than exits

New positions opened: 135 | Existing positions closed: 263

51% less funds holding in top 10

Funds holding in top 10: 6934 (-35)

Holders
1,040
Holders Change
-142
Holders Change %
-12.01%
% of All Funds
27.28%
Holding in Top 10
34
Holding in Top 10 Change
-35
Holding in Top 10 Change %
-50.72%
% of All Funds
0.89%
New
135
Increased
307
Reduced
531
Closed
263
Calls
$1.53B
Puts
$483M
Net Calls
+$1.04B
Net Calls Change
-$1.28B
Name Holding Trade Value Shares
Change
Change in
Stake
CIA
26
ClearBridge Investments (Australia)
Australia
$167M +$50.7M +2,128,001 +24%
CA
27
Cortland Advisers
Delaware
$155M
AM
28
Appaloosa Management
Florida
$141M +$225M +9,445,321 New
CIBC Private Wealth Group
29
CIBC Private Wealth Group
Georgia
$135M +$95.3M +3,999,623 +79%
Legal & General Group
30
Legal & General Group
United Kingdom
$125M +$12.2M +510,330 +6%
TCM
31
Tybourne Capital Management
Hong Kong
$117M +$187M +7,831,263 New
PCM
32
Pennant Capital Management
New Jersey
$106M +$169M +7,107,480 New
Renaissance Technologies
33
Renaissance Technologies
New York
$106M +$115M +4,814,420 +213%
UBS Group
34
UBS Group
Switzerland
$102M -$64.4M -2,702,089 -28%
TCIM
35
TIAA CREF Investment Management
New York
$90.3M -$11.8M -493,821 -8%
Goldman Sachs
36
Goldman Sachs
New York
$90.1M -$77.5M -3,253,883 -35%
HSBC Holdings
37
HSBC Holdings
United Kingdom
$86.8M +$7.01M +294,114 +5%
Massachusetts Financial Services
38
Massachusetts Financial Services
Massachusetts
$86.8M +$9.81M +411,509 +8%
Brown Advisory
39
Brown Advisory
Maryland
$80.9M -$29.7M -1,246,340 -19%
BlackRock
40
BlackRock
New York
$79.7M +$5.04M +211,557 +4%
CS
41
Credit Suisse
Switzerland
$78.7M -$10.2M -427,927 -8%
Wells Fargo
42
Wells Fargo
California
$77.2M -$147M -6,172,073 -54%
TIM
43
Thornburg Investment Management
New Mexico
$75.2M -$7.06M -296,122 -6%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$75M +$694K +29,122 +0.6%
CBOA
45
Commonwealth Bank of Australia
Australia
$70.5M +$30.2M +1,267,270 +37%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$70.2M -$3.74M -156,896 -3%
Charles Schwab
47
Charles Schwab
California
$70.1M +$9.33M +391,556 +9%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$68.8M -$5.59M -234,767 -5%
Dimensional Fund Advisors
49
Dimensional Fund Advisors
Texas
$67.3M +$12.8M +535,825 +13%
LCOV
50
London Company of Virginia
Virginia
$66.6M +$3.57M +149,957 +3%

KMI Hedge Fund Activity: Q4 2015 in Review

1,040 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Kinder Morgan (KMI) for Q4 2015, worth a combined $18.7B — down 47% from $35.2B a quarter earlier.

Sellers outnumbered buyers: 263 funds closed out of KMI and 135 opened new positions — a net loss of 128 holders — while 531 trimmed existing stakes and 307 added.

The largest buyer was Capital Research Global Investors, adding an estimated $832M. The largest seller was Highstar Capital, cutting an estimated $659M.

  • 1,040 institutional investors held Kinder Morgan (KMI) as of Q4 2015, down from 1,182 in Q3 2015.
  • Funds reported $18.7B of Kinder Morgan stock for Q4 2015, down 47% quarter-over-quarter.
  • 135 funds opened new Kinder Morgan positions in Q4 2015 and 263 closed out, a net change of -128 holders.
  • The largest Kinder Morgan buyer in Q4 2015 was Capital Research Global Investors, an estimated $832M added.
  • The largest Kinder Morgan seller in Q4 2015 was Highstar Capital, an estimated $659M sold.

Based on aggregated 13F filings for Q4 2015.