KNOT Offshore Partners
KNOP
55 hedge funds and large institutions have $106M invested in KNOT Offshore Partners in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
2% more funds holding
Funds holding: 54 → 55 (+1)
5.98% less ownership
Funds ownership: 37.14% → 31.17% (-6%)
57% less capital invested
Capital invested by funds: $243M → $106M (-$138M)
58% less call options, than puts
Call options by funds: $474K | Put options by funds: $1.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$7.46M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.01M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.39M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.38M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$905K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$19.3M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$18.8M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$4.25M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$2.62M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.46M |
KNOP Hedge Fund Activity: Q1 2020 in Review
55 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in KNOT Offshore Partners (KNOP) for Q1 2020, worth a combined $106M — down 57% from $243M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new KNOP positions and 11 closed out — a net gain of 3 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $7.46M. The largest seller was Tortoise Capital Advisors, cutting an estimated $19.3M.
- 55 institutional investors held KNOT Offshore Partners (KNOP) as of Q1 2020, up from 54 in Q4 2019.
- Funds reported $106M of KNOT Offshore Partners stock for Q1 2020, down 57% quarter-over-quarter.
- 14 funds opened new KNOT Offshore Partners positions in Q1 2020 and 11 closed out, a net change of +3 holders.
- The largest KNOT Offshore Partners buyer in Q1 2020 was Renaissance Technologies, an estimated $7.46M added.
- The largest KNOT Offshore Partners seller in Q1 2020 was Tortoise Capital Advisors, an estimated $19.3M sold.
Based on aggregated 13F filings for Q1 2020.