Martin Midstream Partners
MMLP
78 hedge funds and large institutions have $218M invested in Martin Midstream Partners in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 22 closing their positions.
14% less funds holding
Funds holding: 91 → 78 (-13)
14% less capital invested
Capital invested by funds: $254M → $218M (-$36.4M)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
81% less call options, than puts
Call options by funds: $1.46M | Put options by funds: $7.55M
Top Buyers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.13M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$4.55M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.53M |
| 4 |
Morgan Stanley
New York
|
+$2.47M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$1.87M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -200 | Closed |
|
|
WA
102
WFG Advisors
Dallas,
Texas
| – | -$3K | -119 | Closed |
|
|
MWP
103
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | +$17 | +1 | +17% |
|
MMLP Hedge Fund Activity: Q1 2016 in Review
78 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Martin Midstream Partners (MMLP) for Q1 2016, worth a combined $218M — down 14% from $254M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MMLP and 10 opened new positions — a net loss of 12 holders — while 30 trimmed existing stakes and 23 added.
The largest buyer was First Trust Advisors, adding an estimated $5.13M. The largest seller was River Road Asset Management, exiting entirely with an estimated $13.9M sold.
- 78 institutional investors held Martin Midstream Partners (MMLP) as of Q1 2016, down from 91 in Q4 2015.
- Funds reported $218M of Martin Midstream Partners stock for Q1 2016, down 14% quarter-over-quarter.
- 10 funds opened new Martin Midstream Partners positions in Q1 2016 and 22 closed out, a net change of -12 holders.
- The largest Martin Midstream Partners buyer in Q1 2016 was First Trust Advisors, an estimated $5.13M added.
- The largest Martin Midstream Partners seller in Q1 2016 was River Road Asset Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2016.