KNOT Offshore Partners
KNOP
50 hedge funds and large institutions have $115M invested in KNOT Offshore Partners in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 9 closing their positions.
19% more capital invested
Capital invested by funds: $96.3M → $115M (+$18.4M)
0.48% more ownership
Funds ownership: 22.36% → 22.85% (+0.48%)
6% less funds holding
Funds holding: 53 → 50 (-3)
10% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $1.61M
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.69M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.46M |
| 3 |
Renaissance Technologies
New York
|
+$1.44M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$786K |
| 5 |
Morgan Stanley
New York
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
-$1.74M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.06M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$780K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$435K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Rafferty Asset Management
New York
| – | -$1.74M | -135,033 | Closed |
|
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$435K | -31,094 | Closed |
|
|
53
Russell Investments Group
London,
United Kingdom
| – | -$203K | -15,763 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$173K | -13,403 | Closed |
|
|
CSS
55
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$147K | -11,428 | Closed |
|
|
SIA
56
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$64K | -5,000 | Closed |
|
|
GT
57
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$14K | -1,100 | Closed |
|
|
CCM
58
Chiron Capital Management
Tallahassee,
Florida
| – | -$6K | -500 | Closed |
|
|
FFA
59
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$4K | -300 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
KNOP Hedge Fund Activity: Q4 2020 in Review
50 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q4 2020, worth a combined $115M — up 19% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KNOP and 6 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 14 added.
The largest buyer was HighTower Advisors, adding an estimated $2.69M. The largest seller was Rafferty Asset Management, exiting entirely with an estimated $1.74M sold.
- 50 institutional investors held KNOT Offshore Partners (KNOP) as of Q4 2020, down from 53 in Q3 2020.
- Funds reported $115M of KNOT Offshore Partners stock for Q4 2020, up 19% quarter-over-quarter.
- 6 funds opened new KNOT Offshore Partners positions in Q4 2020 and 9 closed out, a net change of -3 holders.
- The largest KNOT Offshore Partners buyer in Q4 2020 was HighTower Advisors, an estimated $2.69M added.
- The largest KNOT Offshore Partners seller in Q4 2020 was Rafferty Asset Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2020.