KNOT Offshore Partners
KNOP
31 hedge funds and large institutions have $205M invested in KNOT Offshore Partners in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 7 closing their positions.
362% more call options, than puts
Call options by funds: $638K | Put options by funds: $138K
0.34% more ownership
Funds ownership: 73.22% → 73.56% (+0.34%)
9% less funds holding
Funds holding: 34 → 31 (-3)
22% less capital invested
Capital invested by funds: $263M → $205M (-$58.6M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$6.24M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.54M |
| 3 |
SIM
Strategic Income Management
Seattle,
Washington
|
+$1.85M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$991K |
| 5 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$682K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.21M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$2.29M |
| 3 |
Cohen & Steers
New York
|
-$1.71M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$1.64M |
| 5 |
Renaissance Technologies
New York
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $65K | -$872K | -50,995 | -92% |
|
|
PG
27
PEAK6 Group
Chicago,
Illinois
| $38K | +$10K | +586 | +29% |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $24K | +$27.3K | +1,595 | New |
|
29
Wells Fargo
San Francisco,
California
| $21K | +$18.6K | +1,089 | +361% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
31
Walleye Trading
New York
| $16K | +$5.13K | +300 | +38% |
|
|
NIM
32
NXG Investment Management
Dallas,
Texas
| – | -$1.64M | -85,970 | Closed |
|
|
33
Renaissance Technologies
New York
| – | -$1.05M | -55,100 | Closed |
|
|
CS
34
Credit Suisse
Zurich,
Switzerland
| – | -$268K | -14,015 | Closed |
|
|
TG
35
TCW Group
Los Angeles,
California
| – | -$255K | -13,337 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$104K | -5,438 | Closed |
|
37
Invesco
Atlanta,
Georgia
| – | -$58K | -3,018 | Closed |
|
38
Citigroup
New York
| – | -$12K | -650 | Closed |
|
KNOP Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q3 2015, worth a combined $205M — down 22% from $263M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KNOP and 4 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was HITE Hedge Asset Management, adding an estimated $6.24M. The largest seller was UBS Group, cutting an estimated $5.21M.
- 31 institutional investors held KNOT Offshore Partners (KNOP) as of Q3 2015, down from 34 in Q2 2015.
- Funds reported $205M of KNOT Offshore Partners stock for Q3 2015, down 22% quarter-over-quarter.
- 4 funds opened new KNOT Offshore Partners positions in Q3 2015 and 7 closed out, a net change of -3 holders.
- The largest KNOT Offshore Partners buyer in Q3 2015 was HITE Hedge Asset Management, an estimated $6.24M added.
- The largest KNOT Offshore Partners seller in Q3 2015 was UBS Group, an estimated $5.21M sold.
Based on aggregated 13F filings for Q3 2015.