Kinetik
KNTK
32 hedge funds and large institutions have $245M invested in Kinetik in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
10% more funds holding
Funds holding: 29 → 32 (+3)
10% more capital invested
Capital invested by funds: $224M → $245M (+$21.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.7M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.83M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.82M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$3.14M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.85M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.75M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$600K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$59.6K |
KNTK Hedge Fund Activity: Q1 2018 in Review
32 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Kinetik (KNTK) for Q1 2018, worth a combined $245M — up 9.6% from $224M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KNTK positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $10.7M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $4.85M sold.
- 32 institutional investors held Kinetik (KNTK) as of Q1 2018, up from 29 in Q4 2017.
- Funds reported $245M of Kinetik stock for Q1 2018, up 9.6% quarter-over-quarter.
- 4 funds opened new Kinetik positions in Q1 2018 and 1 closed out, a net change of +3 holders.
- The largest Kinetik buyer in Q1 2018 was Bank of Montreal, an estimated $10.7M added.
- The largest Kinetik seller in Q1 2018 was Royal Bank of Canada, an estimated $4.85M sold.
Based on aggregated 13F filings for Q1 2018.