Kimbell Royalty Partners
137 hedge funds and large institutions have $366M invested in Kimbell Royalty Partners in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 35 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
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.13% less ownership
Funds ownership: 35.06% → 32.92% (-2.1%)
2% less funds holding
Funds holding: 140 → 137 (-3)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
12% less capital invested
Capital invested by funds: $414M → $366M (-$48.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$3.82M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$3.11M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$2.36M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.32M |
| 5 |
Morgan Stanley
New York
|
+$2.29M |
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 |
KRP Hedge Fund Activity: Q4 2023 in Review
137 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Kimbell Royalty Partners (KRP) for Q4 2023, worth a combined $366M — down 12% 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 35 trimmed existing stakes and 47 added.
The largest buyer was Mill Road Capital Management, adding an estimated $3.82M. 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 $366M of Kimbell Royalty Partners stock for Q4 2023, down 12% 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 Mill Road Capital Management, an estimated $3.82M 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.