Kinetik
KNTK
79 hedge funds and large institutions have $193M invested in Kinetik in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 12 reducing their positions, and 14 closing their positions.
192% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.4% less ownership
Funds ownership: 8.73% → 8.34% (-0.4%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
1% less funds holding
Funds holding: 80 → 79 (-1)
21% less capital invested
Capital invested by funds: $243M → $193M (-$50.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$8.54M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.81M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.29M |
| 5 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$11.6M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$10.7M |
| 3 |
ACG
Anchorage Capital Group
New York
|
-$9.11M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$8.8M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$6.39M |
KNTK Hedge Fund Activity: Q3 2019 in Review
79 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Kinetik (KNTK) for Q3 2019, worth a combined $193M — down 21% from $243M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of KNTK and 13 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 35 added.
The largest buyer was Goldman Sachs, adding an estimated $12M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $11.6M.
- 79 institutional investors held Kinetik (KNTK) as of Q3 2019, down from 80 in Q2 2019.
- Funds reported $193M of Kinetik stock for Q3 2019, down 21% quarter-over-quarter.
- 13 funds opened new Kinetik positions in Q3 2019 and 14 closed out, a net change of -1 holder.
- The largest Kinetik buyer in Q3 2019 was Goldman Sachs, an estimated $12M added.
- The largest Kinetik seller in Q3 2019 was Kayne Anderson Capital Advisors, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2019.