KNOT Offshore Partners
KNOP
41 hedge funds and large institutions have $335M invested in KNOT Offshore Partners in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 5 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 39 → 41 (+2)
3% more capital invested
Capital invested by funds: $324M → $335M (+$10.4M)
21% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $2.21M
25.38% less ownership
Funds ownership: 73.75% → 48.37% (-25%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$15.8M |
| 2 |
ClearBridge Investments
New York
|
+$5.79M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$3.33M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$2.88M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$20.7M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.18M |
| 3 |
VanEck Associates
New York
|
-$814K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$523K |
| 5 |
Goldman Sachs
New York
|
-$497K |
KNOP Hedge Fund Activity: Q1 2017 in Review
41 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q1 2017, worth a combined $335M — up 3.2% from $324M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KNOP positions and 5 closed out — a net gain of 4 holders — while 19 added to existing stakes and 8 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $15.8M. The largest seller was Nuveen, exiting entirely with an estimated $20.7M sold.
- 41 institutional investors held KNOT Offshore Partners (KNOP) as of Q1 2017, up from 39 in Q4 2016.
- Funds reported $335M of KNOT Offshore Partners stock for Q1 2017, up 3.2% quarter-over-quarter.
- 9 funds opened new KNOT Offshore Partners positions in Q1 2017 and 5 closed out, a net change of +4 holders.
- The largest KNOT Offshore Partners buyer in Q1 2017 was OppenheimerFunds, an estimated $15.8M added.
- The largest KNOT Offshore Partners seller in Q1 2017 was Nuveen, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2017.