Kimbell Royalty Partners
KRP
140 hedge funds and large institutions have $414M invested in Kimbell Royalty Partners in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 30 reducing their positions, and 20 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 30
29% more capital invested
Capital invested by funds: $321M → $414M (+$93.6M)
1.53% more ownership
Funds ownership: 33.52% → 35.06% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less call options, than puts
Call options by funds: $5.27M | Put options by funds: $5.53M
3% less funds holding
Funds holding: 145 → 140 (-5)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$17.5M |
| 2 |
YCM
Yaupon Capital Management
New York
|
+$11.5M |
| 3 |
ZP
Zimmer Partners
New York
|
+$10.8M |
| 4 |
Millennium Management
New York
|
+$9.62M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$8.15M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.95M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.62M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$1.1M |
| 5 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$1.08M |
KRP Hedge Fund Activity: Q3 2023 in Review
140 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Kimbell Royalty Partners (KRP) for Q3 2023, worth a combined $414M — up 29% from $321M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of KRP and 18 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 59 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $17.5M. The largest seller was CIBC Private Wealth Group, exiting entirely with an estimated $8.15M sold.
- 140 institutional investors held Kimbell Royalty Partners (KRP) as of Q3 2023, down from 145 in Q2 2023.
- Funds reported $414M of Kimbell Royalty Partners stock for Q3 2023, up 29% quarter-over-quarter.
- 18 funds opened new Kimbell Royalty Partners positions in Q3 2023 and 20 closed out, a net change of -2 holders.
- The largest Kimbell Royalty Partners buyer in Q3 2023 was T. Rowe Price Investment Management, an estimated $17.5M added.
- The largest Kimbell Royalty Partners seller in Q3 2023 was CIBC Private Wealth Group, an estimated $8.15M sold.
Based on aggregated 13F filings for Q3 2023.