Kinetik
KNTK
29 hedge funds and large institutions have $196M invested in Kinetik in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
45% more funds holding
Funds holding: 20 → 29 (+9)
37% more capital invested
Capital invested by funds: $143M → $196M (+$53.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
+$15.6M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$7.51M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$6.79M |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
+$6.47M |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rotation Capital Management
New York
|
-$2.92M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.46M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$389 |
KNTK Hedge Fund Activity: Q3 2017 in Review
29 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Kinetik (KNTK) for Q3 2017, worth a combined $196M — up 37% from $143M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new KNTK positions and 1 closed out — a net gain of 9 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Governors Lane, opening a new position worth an estimated $15.6M. The largest seller was Rotation Capital Management, exiting entirely with an estimated $2.92M sold.
- 29 institutional investors held Kinetik (KNTK) as of Q3 2017, up from 20 in Q2 2017.
- Funds reported $196M of Kinetik stock for Q3 2017, up 37% quarter-over-quarter.
- 10 funds opened new Kinetik positions in Q3 2017 and 1 closed out, a net change of +9 holders.
- The largest Kinetik buyer in Q3 2017 was Governors Lane, an estimated $15.6M added.
- The largest Kinetik seller in Q3 2017 was Rotation Capital Management, an estimated $2.92M sold.
Based on aggregated 13F filings for Q3 2017.