KNOT Offshore Partners
KNOP
51 hedge funds and large institutions have $307M invested in KNOT Offshore Partners in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
16% more funds holding
Funds holding: 44 → 51 (+7)
3.18% less ownership
Funds ownership: 48.26% → 45.08% (-3.2%)
9% less capital invested
Capital invested by funds: $337M → $307M (-$29.4M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
95% less call options, than puts
Call options by funds: $212K | Put options by funds: $4.13M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$9.02M |
| 2 |
Renaissance Technologies
New York
|
+$3.05M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$2.85M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.53M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.87M |
| 2 |
Goldman Sachs
New York
|
-$2.91M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$1.69M |
| 4 |
Morgan Stanley
New York
|
-$1.48M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
51
Howe & Rusling
Rochester,
New York
| $1K | +$1.08K | +50 | New |
|
|
AL
52
AJO LP
Philadelphia,
Pennsylvania
| – | -$1.2M | -50,912 | Closed |
|
53
Invesco
Atlanta,
Georgia
| – | -$809K | -34,409 | Closed |
|
|
TYCC
54
Texas Yale Capital Corp
St. Petersburg,
Florida
| – | -$200K | -8,525 | Closed |
|
|
GXMC
55
Global X Management Company
New York
| – | -$89K | -3,777 | Closed |
|
56
Barclays
London,
United Kingdom
| – | -$4.52K | -209 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$5K | -200 | Closed |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| – | -$4K | -150 | Closed |
|
KNOP Hedge Fund Activity: Q4 2017 in Review
51 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q4 2017, worth a combined $307M — down 8.7% from $337M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new KNOP positions and 7 closed out — a net gain of 7 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Tortoise Capital Advisors, opening a new position worth an estimated $9.02M. The largest seller was First Trust Advisors, cutting an estimated $3.87M.
- 51 institutional investors held KNOT Offshore Partners (KNOP) as of Q4 2017, up from 44 in Q3 2017.
- Funds reported $307M of KNOT Offshore Partners stock for Q4 2017, down 8.7% quarter-over-quarter.
- 14 funds opened new KNOT Offshore Partners positions in Q4 2017 and 7 closed out, a net change of +7 holders.
- The largest KNOT Offshore Partners buyer in Q4 2017 was Tortoise Capital Advisors, an estimated $9.02M added.
- The largest KNOT Offshore Partners seller in Q4 2017 was First Trust Advisors, an estimated $3.87M sold.
Based on aggregated 13F filings for Q4 2017.