Murphy USA
MUSA
260 hedge funds and large institutions have $2.3B invested in Murphy USA in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 91 reducing their positions, and 47 closing their positions.
59% more call options, than puts
Call options by funds: $44.8M | Put options by funds: $28.1M
4.04% more ownership
Funds ownership: 90.22% → 94.26% (+4%)
5% more capital invested
Capital invested by funds: $2.2B → $2.3B (+$103M)
5% less funds holding
Funds holding: 274 → 260 (-14)
18% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 91
28% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 47
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$50.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$19.7M |
| 3 |
JP Morgan Chase
New York
|
+$18.8M |
| 4 |
Two Sigma Advisers
New York
|
+$15.2M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$21.8M |
| 2 |
Goldman Sachs
New York
|
-$18.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$16M |
| 5 |
BCM
Becker Capital Management
Portland,
Oregon
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMFA
301
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -31 | Closed |
|
|
APP
302
Avantax Planning Partners
Dubuque,
Iowa
| – | -$2K | -26 | Closed |
|
|
CIP
303
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$2K | -24 | Closed |
|
|
TC
304
Trilogy Capital
Irvine,
California
| – | -$2K | -21 | Closed |
|
305
EARNEST Partners
Atlanta,
Georgia
| – | -$1K | -20 | Closed |
|
MUSA Hedge Fund Activity: Q2 2018 in Review
260 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Murphy USA (MUSA) for Q2 2018, worth a combined $2.3B — up 4.7% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of MUSA and 34 opened new positions — a net loss of 13 holders — while 91 trimmed existing stakes and 75 added.
The largest buyer was BlackRock, adding an estimated $50.4M. The largest seller was Southernsun Asset Management, cutting an estimated $21.8M.
- 260 institutional investors held Murphy USA (MUSA) as of Q2 2018, down from 274 in Q1 2018.
- Funds reported $2.3B of Murphy USA stock for Q2 2018, up 4.7% quarter-over-quarter.
- 34 funds opened new Murphy USA positions in Q2 2018 and 47 closed out, a net change of -13 holders.
- The largest Murphy USA buyer in Q2 2018 was BlackRock, an estimated $50.4M added.
- The largest Murphy USA seller in Q2 2018 was Southernsun Asset Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q2 2018.