KNOT Offshore Partners
KNOP
59 hedge funds and large institutions have $234M invested in KNOT Offshore Partners in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
26% more funds holding
Funds holding: 47 → 59 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.47% less ownership
Funds ownership: 40.41% → 39.94% (-0.47%)
18% less capital invested
Capital invested by funds: $287M → $234M (-$52.6M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
78% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $5.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.56M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.05M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$798K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$571K |
| 5 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$548K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.54M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$3.78M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$2.49M |
| 4 |
Renaissance Technologies
New York
|
-$764K |
| 5 |
AIM
Allen Investment Management
New York
|
-$702K |
KNOP Hedge Fund Activity: Q4 2018 in Review
59 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q4 2018, worth a combined $234M — down 18% from $287M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new KNOP positions and 6 closed out — a net gain of 12 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $5.56M. The largest seller was Goldman Sachs, cutting an estimated $5.54M.
- 59 institutional investors held KNOT Offshore Partners (KNOP) as of Q4 2018, up from 47 in Q3 2018.
- Funds reported $234M of KNOT Offshore Partners stock for Q4 2018, down 18% quarter-over-quarter.
- 18 funds opened new KNOT Offshore Partners positions in Q4 2018 and 6 closed out, a net change of +12 holders.
- The largest KNOT Offshore Partners buyer in Q4 2018 was Wolverine Asset Management, an estimated $5.56M added.
- The largest KNOT Offshore Partners seller in Q4 2018 was Goldman Sachs, an estimated $5.54M sold.
Based on aggregated 13F filings for Q4 2018.