LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
LINE was delisted on the 23rd of May, 2016.
224 hedge funds and large institutions have $984M invested in LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 70 increasing their positions, 85 reducing their positions, and 49 closing their positions.
7% less funds holding
Funds holding: 241 → 224 (-17)
18% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 85
27% less capital invested
Capital invested by funds: $1.35B → $984M (-$365M)
31% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 49
33% less call options, than puts
Call options by funds: $181M | Put options by funds: $272M
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
+$33.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.9M |
| 3 |
Morgan Stanley
New York
|
+$11.9M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$10.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
-$85.6M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$17.4M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$13.1M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$11.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$11.7M |
LINE Hedge Fund Activity: Q3 2013 in Review
224 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS (LINE) for Q3 2013, worth a combined $984M — down 27% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of LINE and 34 opened new positions — a net loss of 15 holders — while 85 trimmed existing stakes and 70 added.
The largest buyer was RR Advisors, opening a new position worth an estimated $33.1M. The largest seller was Cooperman Leon G, cutting an estimated $85.6M.
- 224 institutional investors held LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS (LINE) as of Q3 2013, down from 241 in Q2 2013.
- Funds reported $984M of LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS stock for Q3 2013, down 27% quarter-over-quarter.
- 34 funds opened new LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS positions in Q3 2013 and 49 closed out, a net change of -15 holders.
- The largest LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS buyer in Q3 2013 was RR Advisors, an estimated $33.1M added.
- The largest LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS seller in Q3 2013 was Cooperman Leon G, an estimated $85.6M sold.
Based on aggregated 13F filings for Q3 2013.