MV Oil Trust
MVO
31 hedge funds and large institutions have $13.6M invested in MV Oil Trust in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 8 closing their positions.
5% more capital invested
Capital invested by funds: $13M → $13.6M (+$653K)
0.06% less ownership
Funds ownership: 4.74% → 4.68% (-0.06%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
11% less funds holding
Funds holding: 35 → 31 (-4)
18% less call options, than puts
Call options by funds: $591K | Put options by funds: $723K
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$851K |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$284K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$90K |
| 4 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
+$83.6K |
| 5 |
Morgan Stanley
New York
|
+$69.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$924K |
| 2 |
Millennium Management
New York
|
-$214K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$165K |
| 4 |
ICM
IMS Capital Management
Portland,
Oregon
|
-$138K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$57K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
First Manhattan
New York
| $12K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $5.03K | – | – | – |
|
|
WAS
28
Winch Advisory Services
Appleton,
Wisconsin
| $5K | +$4.81K | +200 | New |
|
|
AIG
29
American International Group
New York
| $3.44K | – | – | – |
|
30
Citigroup
New York
| $3K | -$12K | -499 | -83% |
|
31
AllianceBernstein
Nashville,
Tennessee
| $1K | – | – | – |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$924K | -38,869 | Closed |
|
|
33
Millennium Management
New York
| – | -$214K | -9,015 | Closed |
|
|
ICM
34
IMS Capital Management
Portland,
Oregon
| – | -$138K | -5,800 | Closed |
|
|
FNBT
35
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$57K | -2,400 | Closed |
|
36
Barclays
London,
United Kingdom
| – | -$34K | -1,480 | Closed |
|
|
BFEC
37
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$13K | -530 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$9K | -358 | Closed |
|
|
EWM
39
Elite Wealth Management
Kirkland,
Washington
| – | -$5K | -200 | Closed |
|
MVO Hedge Fund Activity: Q1 2014 in Review
31 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in MV Oil Trust (MVO) for Q1 2014, worth a combined $13.6M — up 5% from $13M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MVO and 4 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $851K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $924K sold.
- 31 institutional investors held MV Oil Trust (MVO) as of Q1 2014, down from 35 in Q4 2013.
- Funds reported $13.6M of MV Oil Trust stock for Q1 2014, up 5% quarter-over-quarter.
- 4 funds opened new MV Oil Trust positions in Q1 2014 and 8 closed out, a net change of -4 holders.
- The largest MV Oil Trust buyer in Q1 2014 was Renaissance Technologies, an estimated $851K added.
- The largest MV Oil Trust seller in Q1 2014 was Virtu KCG Holdings, an estimated $924K sold.
Based on aggregated 13F filings for Q1 2014.