Martin Midstream Partners
MMLP
75 hedge funds and large institutions have $255M invested in Martin Midstream Partners in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 11 closing their positions.
31% more capital invested
Capital invested by funds: $195M → $255M (+$60.1M)
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
3.61% more ownership
Funds ownership: 29.48% → 33.09% (+3.6%)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 75 → 75 (0)
21% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $2.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$27.8M |
| 2 |
O
OppenheimerFunds
New York
|
+$7.08M |
| 3 |
Goldman Sachs
New York
|
+$6.66M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$6.07M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.7M |
| 2 |
AL
Agran Libbie
Santa Monica,
California
|
-$3.18M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.81M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.17M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
77
First Trust Advisors
Wheaton,
Illinois
| – | -$19.7M | -1,073,720 | Closed |
|
|
SOAMC
78
Spirit of America Management Corp
Syosset,
New York
| – | -$544K | -29,619 | Closed |
|
79
Renaissance Technologies
New York
| – | -$512K | -27,878 | Closed |
|
|
AL
80
Agran Libbie
Santa Monica,
California
| – | -$3.18M | -17,809 | Closed |
|
81
Marshall Wace
London,
United Kingdom
| – | -$243K | -13,220 | Closed |
|
|
VKH
82
Virtu KCG Holdings
New York
| – | -$225K | -12,260 | Closed |
|
|
GA
83
Geneva Advisors
Chicago,
Illinois
| – | -$208K | -11,332 | Closed |
|
|
AWM
84
Avior Wealth Management
Omaha,
Nebraska
| – | -$26K | -1,500 | Closed |
|
85
Simplex Trading
Chicago,
Illinois
| – | -$24K | -1,269 | Closed |
|
|
PCM
86
Penserra Capital Management
Orinda,
California
| – | -$7K | -382 | Closed |
|
87
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -100 | Closed |
|
MMLP Hedge Fund Activity: Q1 2017 in Review
75 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Martin Midstream Partners (MMLP) for Q1 2017, worth a combined $255M — up 31% from $195M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MMLP positions and 11 closed out — a net gain of 1 holder — while 27 added to existing stakes and 21 trimmed.
The largest buyer was Center Coast Capital Advisors, adding an estimated $27.8M. The largest seller was First Trust Advisors, exiting entirely with an estimated $19.7M sold.
- 75 institutional investors held Martin Midstream Partners (MMLP) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $255M of Martin Midstream Partners stock for Q1 2017, up 31% quarter-over-quarter.
- 12 funds opened new Martin Midstream Partners positions in Q1 2017 and 11 closed out, a net change of +1 holder.
- The largest Martin Midstream Partners buyer in Q1 2017 was Center Coast Capital Advisors, an estimated $27.8M added.
- The largest Martin Midstream Partners seller in Q1 2017 was First Trust Advisors, an estimated $19.7M sold.
Based on aggregated 13F filings for Q1 2017.