MV Oil Trust
31 hedge funds and large institutions have $14.1M invested in MV Oil Trust in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 5 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0.62% less ownership
Funds ownership: 4.81% → 4.19% (-0.62%)
9% less funds holding
Funds holding: 34 → 31 (-3)
19% less capital invested
Capital invested by funds: $17.4M → $14.1M (-$3.29M)
22% less call options, than puts
Call options by funds: $492K | Put options by funds: $632K
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
+$383K |
| 2 |
LPL Financial
San Diego,
California
|
+$86.4K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$73.8K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$70.9K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$22.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$553K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$547K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$506K |
| 4 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
-$418K |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$405K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $4K | – | – | – |
|
|
TFA
27
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | – | – | – |
|
28
Group One Trading
Chicago,
Illinois
| $3K | +$2.84K | +100 | New |
|
|
CCM
29
Chilton Capital Management
Houston,
Texas
| $2.93K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
31
AllianceBernstein
Nashville,
Tennessee
| $1K | +$1.02K | +36 | New |
|
|
32
Morgan Stanley
New York
| – | -$553K | -17,634 | Closed |
|
|
TC
33
TFS Capital
West Chester,
Pennsylvania
| – | -$547K | -17,410 | Closed |
|
|
RJA
34
Raymond James & Associates
St Petersburg,
Florida
| – | -$506K | -16,101 | Closed |
|
|
BF
35
BOK Financial
Tulsa,
Oklahoma
| – | -$405K | -12,895 | Closed |
|
36
Millennium Management
New York
| – | -$216K | -6,886 | Closed |
|
MVO Hedge Fund Activity: Q3 2013 in Review
31 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in MV Oil Trust (MVO) for Q3 2013, worth a combined $14.1M — down 19% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MVO and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Kessler Investment Group, adding an estimated $383K. The largest seller was Morgan Stanley, exiting entirely with an estimated $553K sold.
- 31 institutional investors held MV Oil Trust (MVO) as of Q3 2013, down from 34 in Q2 2013.
- Funds reported $14.1M of MV Oil Trust stock for Q3 2013, down 19% quarter-over-quarter.
- 3 funds opened new MV Oil Trust positions in Q3 2013 and 5 closed out, a net change of -2 holders.
- The largest MV Oil Trust buyer in Q3 2013 was Kessler Investment Group, an estimated $383K added.
- The largest MV Oil Trust seller in Q3 2013 was Morgan Stanley, an estimated $553K sold.
Based on aggregated 13F filings for Q3 2013.