Kinetik
KNTK
49 hedge funds and large institutions have $30.1M invested in Kinetik in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.62% less ownership
Funds ownership: 7.86% → 6.23% (-1.6%)
26% less funds holding
Funds holding: 66 → 49 (-17)
32% less capital invested
Capital invested by funds: $44.1M → $30.1M (-$14M)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
62% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$683K |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$246K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$229K |
| 4 |
Renaissance Technologies
New York
|
+$227K |
| 5 |
Squarepoint
New York
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$2.84M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$2.11M |
| 3 |
BlackRock
New York
|
-$1.58M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$685K |
| 5 |
State Street
Boston,
Massachusetts
|
-$606K |
KNTK Hedge Fund Activity: Q2 2020 in Review
49 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Kinetik (KNTK) for Q2 2020, worth a combined $30.1M — down 32% from $44.1M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of KNTK and 10 opened new positions — a net loss of 16 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was Adage Capital Partners, adding an estimated $683K. The largest seller was Davis Selected Advisers, exiting entirely with an estimated $2.84M sold.
- 49 institutional investors held Kinetik (KNTK) as of Q2 2020, down from 66 in Q1 2020.
- Funds reported $30.1M of Kinetik stock for Q2 2020, down 32% quarter-over-quarter.
- 10 funds opened new Kinetik positions in Q2 2020 and 26 closed out, a net change of -16 holders.
- The largest Kinetik buyer in Q2 2020 was Adage Capital Partners, an estimated $683K added.
- The largest Kinetik seller in Q2 2020 was Davis Selected Advisers, an estimated $2.84M sold.
Based on aggregated 13F filings for Q2 2020.