Martin Midstream Partners
MMLP
91 hedge funds and large institutions have $352M invested in Martin Midstream Partners in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 17 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
44% more capital inflows, than outflows
Capital inflows: $66.3M | Capital outflows: $46.1M
2.28% less ownership
Funds ownership: 28.86% → 26.58% (-2.3%)
6% less funds holding
Funds holding: 97 → 91 (-6)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
70% less call options, than puts
Call options by funds: $4.89M | Put options by funds: $16.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS
Zurich,
Switzerland
|
+$11.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$11M |
| 3 |
Center Coast Capital Advisors
Houston,
Texas
|
+$8.96M |
| 4 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$4.87M |
| 5 |
Morgan Stanley
New York
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$21M |
| 2 |
NXG Investment Management
Dallas,
Texas
|
-$3.52M |
| 3 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$3.15M |
| 4 |
Weiss Multi-Strategy Advisers
New York
|
-$2.02M |
| 5 |
NCCM
Nine Chapters Capital Management
Short Hills,
New Jersey
|
-$1.8M |
MMLP Hedge Fund Activity: Q3 2014 in Review
91 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Martin Midstream Partners (MMLP) for Q3 2014, worth a combined $352M — down 3.3% from $364M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MMLP and 11 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 34 added.
The largest buyer was UBS, adding an estimated $11.3M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $21M sold.
- 91 institutional investors held Martin Midstream Partners (MMLP) as of Q3 2014, down from 97 in Q2 2014.
- Funds reported $352M of Martin Midstream Partners stock for Q3 2014, down 3.3% quarter-over-quarter.
- 11 funds opened new Martin Midstream Partners positions in Q3 2014 and 17 closed out, a net change of -6 holders.
- The largest Martin Midstream Partners buyer in Q3 2014 was UBS, an estimated $11.3M added.
- The largest Martin Midstream Partners seller in Q3 2014 was JP Morgan Chase, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2014.