KNOT Offshore Partners
KNOP
23 hedge funds and large institutions have $169M invested in KNOT Offshore Partners in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
1% more capital invested
Capital invested by funds: $168M → $169M (+$1.05M)
6.97% less ownership
Funds ownership: 88.95% → 81.98% (-7%)
21% less funds holding
Funds holding: 29 → 23 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $188K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$3.98M |
| 2 |
O
OppenheimerFunds
New York
|
+$1.85M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.78M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$1.1M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.33M |
| 2 |
Morgan Stanley
New York
|
-$5.19M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$3.17M |
| 4 |
SG Americas Securities
New York
|
-$2.86M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
SG Americas Securities
New York
| – | -$2.86M | -130,000 | Closed |
|
|
CM
27
Castleark Management
Chicago,
Illinois
| – | -$1.3M | -59,000 | Closed |
|
|
PRCM
28
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.24M | -56,345 | Closed |
|
29
Millennium Management
New York
| – | -$1.11M | -50,500 | Closed |
|
|
HTC
30
Hershey Trust Company
Hershey,
Pennsylvania
| – | -$79K | -3,604 | Closed |
|
|
CBOA
31
Commonwealth Bank of Australia
Sydney, NSW,
Australia
| – | -$33K | -1,505 | Closed |
|
KNOP Hedge Fund Activity: Q3 2013 in Review
23 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q3 2013, worth a combined $169M — up 0.63% from $168M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KNOP and 2 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $3.98M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $5.33M sold.
- 23 institutional investors held KNOT Offshore Partners (KNOP) as of Q3 2013, down from 29 in Q2 2013.
- Funds reported $169M of KNOT Offshore Partners stock for Q3 2013, up 0.63% quarter-over-quarter.
- 2 funds opened new KNOT Offshore Partners positions in Q3 2013 and 8 closed out, a net change of -6 holders.
- The largest KNOT Offshore Partners buyer in Q3 2013 was Kayne Anderson Capital Advisors, an estimated $3.98M added.
- The largest KNOT Offshore Partners seller in Q3 2013 was Balyasny Asset Management, an estimated $5.33M sold.
Based on aggregated 13F filings for Q3 2013.