LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
LINE was delisted on the 23rd of May, 2016.
214 hedge funds and large institutions have $288M invested in LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS in 2014 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 55 increasing their positions, 75 reducing their positions, and 73 closing their positions.
13% less funds holding
Funds holding: 247 → 214 (-33)
27% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 75
36% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 73
55% less call options, than puts
Call options by funds: $54.1M | Put options by funds: $119M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
69% less capital invested
Capital invested by funds: $934M → $288M (-$646M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.8M |
| 3 |
Renaissance Technologies
New York
|
+$18.4M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$15.6M |
| 5 |
Goldman Sachs
New York
|
+$8.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$115M |
| 2 |
OA
Omega Advisors
New York
|
-$53.7M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$25.1M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$12.6M |
| 5 |
Bank of New York Mellon
New York
|
-$6.83M |
LINE Hedge Fund Activity: Q4 2014 in Review
214 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS (LINE) for Q4 2014, worth a combined $288M — down 69% from $934M a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of LINE and 47 opened new positions — a net loss of 26 holders — while 75 trimmed existing stakes and 55 added.
The largest buyer was Morgan Stanley, adding an estimated $30.7M. The largest seller was Miller Howard Investments, exiting entirely with an estimated $115M sold.
- 214 institutional investors held LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS (LINE) as of Q4 2014, down from 247 in Q3 2014.
- Funds reported $288M of LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS stock for Q4 2014, down 69% quarter-over-quarter.
- 47 funds opened new LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS positions in Q4 2014 and 73 closed out, a net change of -26 holders.
- The largest LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS buyer in Q4 2014 was Morgan Stanley, an estimated $30.7M added.
- The largest LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS seller in Q4 2014 was Miller Howard Investments, an estimated $115M sold.
Based on aggregated 13F filings for Q4 2014.