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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.

New
Increased
Maintained
Reduced
Closed

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: 33 (0)

0.61% less ownership

Funds ownership: 35.06%34.44% (-0.61%)

2% less funds holding

Funds holding: 140137 (-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

Holders
137
Holders Change
-3
Holders Change %
-2.14%
% of All Funds
2%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
18
Increased
47
Reduced
36
Closed
20
Calls
$5.83M
Puts
$2.27M
Net Calls
+$3.57M
Net Calls Change
+$3.83M
Name Holding Trade Value Shares
Change
Change in
Stake
EECFV
1
EnCap Energy Capital Fund VIII
Texas
$68.4M
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$35.3M +$2.36M +150,938 +7%
Morgan Stanley
3
Morgan Stanley
New York
$33.8M +$19.9M +1,270,229 +130%
MRCM
4
Mill Road Capital Management
Connecticut
$28.4M +$3.82M +243,761 +15%
EIP
5
Epoch Investment Partners
New York
$17.9M -$10.5M -667,690 -36%
RJA
6
Raymond James & Associates
Florida
$15.3M -$223K -14,243 -1%
American Century Companies
7
American Century Companies
Missouri
$14.2M +$3.11M +198,513 +27%
Macquarie Group
8
Macquarie Group
Australia
$13.2M -$2.53M -161,461 -16%
Millennium Management
9
Millennium Management
New York
$12.1M +$2.21M +140,768 +21%
POIA
10
Pin Oak Investment Advisors
Texas
$9.53M -$49K -3,125 -0.5%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$7.85M +$487K +31,106 +6%
YCM
12
Yaupon Capital Management
New York
$7.78M -$5.73M -365,928 -41%
Mirae Asset Global Investments
13
Mirae Asset Global Investments
South Korea
$7.14M +$480K +30,630 +7%
Luther King Capital Management (LKCM)
14
Luther King Capital Management (LKCM)
Texas
$6.53M -$995K -63,507 -13%
Vanguard Group
15
Vanguard Group
Pennsylvania
$5.85M +$82.5K +5,269 +1%
SI
16
Scout Investments
Missouri
$4.78M -$78.9K -5,035 -2%
NC
17
Nokomis Capital
Texas
$4.77M -$930K -59,339 -16%
Ameriprise
18
Ameriprise
Minnesota
$4.63M +$489K +31,188 +11%
FFB
19
First Financial Bankshares
Texas
$4.2M +$4.37M +279,054 New
First Trust Advisors
20
First Trust Advisors
Illinois
$4.16M +$122K +7,771 +3%
Stifel Financial
21
Stifel Financial
Missouri
$3.96M +$535K +34,172 +15%
BlackRock
22
BlackRock
New York
$3.89M +$75.5K +4,817 +2%
FCH
23
Freestone Capital Holdings
Washington
$3.69M -$3.15K -201 -0.1%
Adage Capital Partners
24
Adage Capital Partners
Massachusetts
$3.61M -$940K -60,000 -20%
PFS
25
Prospera Financial Services
Texas
$3.31M -$10.5K -669 -0.3%

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.