KNOT Offshore Partners
KNOP
32 hedge funds and large institutions have $268M invested in KNOT Offshore Partners in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 6 closing their positions.
65% more call options, than puts
Call options by funds: $279K | Put options by funds: $169K
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $245M → $268M (+$22.9M)
7% more funds holding
Funds holding: 30 → 32 (+2)
3.44% less ownership
Funds ownership: 82.62% → 79.19% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.85M |
| 2 |
ClearBridge Investments
New York
|
+$996K |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$933K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$530K |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$419K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.97M |
| 2 |
Goldman Sachs
New York
|
-$1.42M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$1.25M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.22M |
| 5 |
Millennium Management
New York
|
-$436K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Invesco
Atlanta,
Georgia
| $80K | +$7.3K | +326 | +11% |
|
|
PG
27
PEAK6 Group
Chicago,
Illinois
| $52K | -$43.3K | -1,934 | -48% |
|
28
AllianceBernstein
Nashville,
Tennessee
| $41K | -$896 | -40 | -2% |
|
29
Citigroup
New York
| $16K | -$4.37K | -195 | -23% |
|
|
BCM
30
Blume Capital Management
Berkeley,
California
| $12K | +$11.2K | +500 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $7K | +$6.72K | +300 | New |
|
32
Wells Fargo
San Francisco,
California
| $7K | +$6.72K | +300 | New |
|
|
33
Millennium Management
New York
| – | -$436K | -19,600 | Closed |
|
|
DC
34
Deere & Company
Moline,
Illinois
| – | -$419K | -18,860 | Closed |
|
|
BGA
35
Belmont Global Advisors
Dallas,
Texas
| – | -$219K | -9,850 | Closed |
|
|
WRM
36
Westport Resources Management
Westport,
Connecticut
| – | -$51K | -2,300 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$9K | -400 | Closed |
|
|
AIG
38
American International Group
New York
| – | -$2.82K | -127 | Closed |
|
KNOP Hedge Fund Activity: Q1 2015 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q1 2015, worth a combined $268M — up 9.4% from $245M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KNOP positions and 6 closed out — a net gain of 2 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.85M. The largest seller was Morgan Stanley, cutting an estimated $1.97M.
- 32 institutional investors held KNOT Offshore Partners (KNOP) as of Q1 2015, up from 30 in Q4 2014.
- Funds reported $268M of KNOT Offshore Partners stock for Q1 2015, up 9.4% quarter-over-quarter.
- 8 funds opened new KNOT Offshore Partners positions in Q1 2015 and 6 closed out, a net change of +2 holders.
- The largest KNOT Offshore Partners buyer in Q1 2015 was Advisors Asset Management, an estimated $1.85M added.
- The largest KNOT Offshore Partners seller in Q1 2015 was Morgan Stanley, an estimated $1.97M sold.
Based on aggregated 13F filings for Q1 2015.