KNOT Offshore Partners
KNOP
38 hedge funds and large institutions have $216M invested in KNOT Offshore Partners in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $181M → $216M (+$35.1M)
12% more funds holding
Funds holding: 34 → 38 (+4)
1% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $1.03M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
0.52% less ownership
Funds ownership: 71.23% → 70.7% (-0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$3.29M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.09M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$834K |
| 4 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$834K |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$469K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$2.7M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$2.64M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.75M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.09M |
| 5 |
Renaissance Technologies
New York
|
-$1.01M |
KNOP Hedge Fund Activity: Q1 2016 in Review
38 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q1 2016, worth a combined $216M — up 19% from $181M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KNOP positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was VanEck Associates, opening a new position worth an estimated $3.29M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $2.7M.
- 38 institutional investors held KNOT Offshore Partners (KNOP) as of Q1 2016, up from 34 in Q4 2015.
- Funds reported $216M of KNOT Offshore Partners stock for Q1 2016, up 19% quarter-over-quarter.
- 9 funds opened new KNOT Offshore Partners positions in Q1 2016 and 5 closed out, a net change of +4 holders.
- The largest KNOT Offshore Partners buyer in Q1 2016 was VanEck Associates, an estimated $3.29M added.
- The largest KNOT Offshore Partners seller in Q1 2016 was Kayne Anderson Capital Advisors, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2016.