KNOT Offshore Partners
KNOP
29 hedge funds and large institutions have $252M invested in KNOT Offshore Partners in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
24% more capital invested
Capital invested by funds: $203M → $252M (+$48.1M)
21% more funds holding
Funds holding: 24 → 29 (+5)
15.53% less ownership
Funds ownership: 83.05% → 67.52% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$19.9M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$10.1M |
| 3 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$9.82M |
| 4 |
O
OppenheimerFunds
New York
|
+$5.57M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NBW Capital
Boston,
Massachusetts
|
-$4.61M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$4.28M |
| 3 |
Neuberger Berman Group
New York
|
-$3.59M |
| 4 |
Morgan Stanley
New York
|
-$1.27M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
26
Tocqueville Asset Management
New York
| $42K | +$41.4K | +1,500 | New |
|
|
PMFA
27
Plante Moran Financial Advisors
Southfield,
Michigan
| $14K | +$13.8K | +500 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $11K | +$2.79K | +101 | +34% |
|
|
AIG
29
American International Group
New York
| $3.59K | +$3.51K | +127 | New |
|
|
NC
30
NBW Capital
Boston,
Massachusetts
| – | -$4.61M | -161,009 | Closed |
|
|
31
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$4.28M | -150,000 | Closed |
|
|
HFA
32
Harvest Fund Advisors
Wayne,
Pennsylvania
| – | -$1.07M | -37,444 | Closed |
|
|
GCP
33
GSA Capital Partners
London,
United Kingdom
| – | -$231K | -8,134 | Closed |
|
KNOP Hedge Fund Activity: Q2 2014 in Review
29 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q2 2014, worth a combined $252M — up 24% from $203M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KNOP positions and 4 closed out — a net gain of 5 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $19.9M. The largest seller was NBW Capital, exiting entirely with an estimated $4.61M sold.
- 29 institutional investors held KNOT Offshore Partners (KNOP) as of Q2 2014, up from 24 in Q1 2014.
- Funds reported $252M of KNOT Offshore Partners stock for Q2 2014, up 24% quarter-over-quarter.
- 9 funds opened new KNOT Offshore Partners positions in Q2 2014 and 4 closed out, a net change of +5 holders.
- The largest KNOT Offshore Partners buyer in Q2 2014 was Goldman Sachs, an estimated $19.9M added.
- The largest KNOT Offshore Partners seller in Q2 2014 was NBW Capital, an estimated $4.61M sold.
Based on aggregated 13F filings for Q2 2014.