KNOT Offshore Partners
KNOP
39 hedge funds and large institutions have $324M invested in KNOT Offshore Partners in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 6 closing their positions.
59% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $918K
18% more capital invested
Capital invested by funds: $276M → $324M (+$48.4M)
2.85% more ownership
Funds ownership: 70.9% → 73.75% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 40 → 39 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.8M |
| 2 |
O
OppenheimerFunds
New York
|
+$1.07M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.04M |
| 4 |
Goldman Sachs
New York
|
+$416K |
| 5 |
SIM
Strategic Income Management
Seattle,
Washington
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$3.1M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$1.88M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.71M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.08M |
KNOP Hedge Fund Activity: Q4 2016 in Review
39 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q4 2016, worth a combined $324M — up 18% from $276M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KNOP and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 13 added.
The largest buyer was Nuveen, opening a new position worth an estimated $18.8M. The largest seller was ClearBridge Investments, cutting an estimated $3.1M.
- 39 institutional investors held KNOT Offshore Partners (KNOP) as of Q4 2016, down from 40 in Q3 2016.
- Funds reported $324M of KNOT Offshore Partners stock for Q4 2016, up 18% quarter-over-quarter.
- 5 funds opened new KNOT Offshore Partners positions in Q4 2016 and 6 closed out, a net change of -1 holder.
- The largest KNOT Offshore Partners buyer in Q4 2016 was Nuveen, an estimated $18.8M added.
- The largest KNOT Offshore Partners seller in Q4 2016 was ClearBridge Investments, an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2016.