KNOT Offshore Partners
KNOP
47 hedge funds and large institutions have $216M invested in KNOT Offshore Partners in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 16 closing their positions.
5.09% less ownership
Funds ownership: 39.94% → 34.85% (-5.1%)
8% less capital invested
Capital invested by funds: $234M → $216M (-$18M)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
20% less funds holding
Funds holding: 59 → 47 (-12)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
81% less call options, than puts
Call options by funds: $755K | Put options by funds: $3.93M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$10.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.37M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.14M |
| 4 |
Renaissance Technologies
New York
|
+$1.74M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$14.8M |
| 2 |
ClearBridge Investments
New York
|
-$12.7M |
| 3 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
-$10.4M |
| 4 |
VAIA
Virtus Alternative Investment Advisers
Hartford,
Connecticut
|
-$3.78M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$3.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
51
Virtu Financial
New York
| – | -$343K | -19,103 | Closed |
|
52
Wolverine Trading
Chicago,
Illinois
| – | -$278K | -15,775 | Closed |
|
53
Millennium Management
New York
| – | -$257K | -14,358 | Closed |
|
|
PI
54
PEAK6 Investments
Chicago,
Illinois
| – | -$99K | -5,525 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$74K | -4,176 | Closed |
|
|
AIC
56
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$44K | -2,435 | Closed |
|
|
CG
57
Cutler Group
San Francisco,
California
| – | -$23K | -1,300 | Closed |
|
|
LC
58
Lavaca Capital
Houston,
Texas
| – | -$19K | -1,045 | Closed |
|
|
IC
59
Inscription Capital
Houston,
Texas
| – | -$18K | -1,000 | Closed |
|
60
US Bancorp
Minneapolis,
Minnesota
| – | -$18K | -1,000 | Closed |
|
|
IFAM
61
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$3K | -160 | Closed |
|
|
MOS
62
MGO One Seven
Beachwood,
Ohio
| – | -$1K | -70 | Closed |
|
KNOP Hedge Fund Activity: Q1 2019 in Review
47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q1 2019, worth a combined $216M — down 7.7% from $234M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of KNOP and 5 opened new positions — a net loss of 11 holders — while 19 trimmed existing stakes and 16 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $10.2M. The largest seller was Goldman Sachs, cutting an estimated $14.8M.
- 47 institutional investors held KNOT Offshore Partners (KNOP) as of Q1 2019, down from 59 in Q4 2018.
- Funds reported $216M of KNOT Offshore Partners stock for Q1 2019, down 7.7% quarter-over-quarter.
- 5 funds opened new KNOT Offshore Partners positions in Q1 2019 and 16 closed out, a net change of -11 holders.
- The largest KNOT Offshore Partners buyer in Q1 2019 was Kayne Anderson Capital Advisors, an estimated $10.2M added.
- The largest KNOT Offshore Partners seller in Q1 2019 was Goldman Sachs, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2019.