Kimbell Royalty Partners
137 hedge funds and large institutions have $383M invested in Kimbell Royalty Partners in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 36 reducing their positions, and 20 closing their positions.
157% more call options, than puts
Call options by funds: $5.83M | Put options by funds: $2.27M
31% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.61% less ownership
Funds ownership: 35.06% → 34.44% (-0.61%)
2% less funds holding
Funds holding: 140 → 137 (-3)
8% less capital invested
Capital invested by funds: $414M → $383M (-$31.2M)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.9M |
| 2 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$3.82M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$3.11M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$2.36M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.8M |
| 2 |
ZP
Zimmer Partners
New York
|
-$11.4M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$10.5M |
| 4 |
YCM
Yaupon Capital Management
New York
|
-$5.73M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
151
Graham Capital Management
Rowayton,
Connecticut
| – | -$162K | -10,144 | Closed |
|
|
CSPIA
152
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$101K | -6,300 | Closed |
|
|
DWA
153
Dorsey Wright & Associates
Pasadena,
California
| – | -$30.3K | -1,896 | Closed |
|
|
TCOV
154
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$26.1K | -1,629 | Closed |
|
155
BNP Paribas Financial Markets
Paris,
France
| – | -$14.4K | -897 | Closed |
|
|
C
156
Covestor
London,
United Kingdom
| – | -$2K | -125 | Closed |
|
157
Fidelity Investments
Boston,
Massachusetts
| – | -$16 | -1 | Closed |
|
KRP Hedge Fund Activity: Q4 2023 in Review
137 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Kimbell Royalty Partners (KRP) for Q4 2023, worth a combined $383M — down 7.5% from $414M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of KRP and 18 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 47 added.
The largest buyer was Morgan Stanley, adding an estimated $19.9M. The largest seller was Citadel Advisors, cutting an estimated $11.8M.
- 137 institutional investors held Kimbell Royalty Partners (KRP) as of Q4 2023, down from 140 in Q3 2023.
- Funds reported $383M of Kimbell Royalty Partners stock for Q4 2023, down 7.5% quarter-over-quarter.
- 18 funds opened new Kimbell Royalty Partners positions in Q4 2023 and 20 closed out, a net change of -2 holders.
- The largest Kimbell Royalty Partners buyer in Q4 2023 was Morgan Stanley, an estimated $19.9M added.
- The largest Kimbell Royalty Partners seller in Q4 2023 was Citadel Advisors, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2023.