Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
36 hedge funds and large institutions have $262M invested in Enduro Royalty Trust in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 7 closing their positions.
237% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $372K
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 36 → 36 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
52% less capital invested
Capital invested by funds: $543M → $262M (-$281M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$3.3M |
| 2 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
+$685K |
| 3 |
Millennium Management
New York
|
+$525K |
| 4 |
Goldman Sachs
New York
|
+$439K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
Riverstone Holdings
New York
|
-$208M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$5.31M |
| 3 |
CCM
Cohen Capital Management
Corte Madera,
California
|
-$2.34M |
| 4 |
CC
Cannell & Co
New York
|
-$461K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$218K |
NDRO Hedge Fund Activity: Q3 2014 in Review
36 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q3 2014, worth a combined $262M — down 52% from $543M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NDRO positions and 7 closed out — a net gain of 1 holder — while 12 added to existing stakes and 14 trimmed.
The largest buyer was NXG Investment Management, adding an estimated $3.3M. The largest seller was Riverstone Holdings, cutting an estimated $208M.
- 36 institutional investors held Enduro Royalty Trust (NDRO) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $262M of Enduro Royalty Trust stock for Q3 2014, down 52% quarter-over-quarter.
- 8 funds opened new Enduro Royalty Trust positions in Q3 2014 and 7 closed out, a net change of +1 holder.
- The largest Enduro Royalty Trust buyer in Q3 2014 was NXG Investment Management, an estimated $3.3M added.
- The largest Enduro Royalty Trust seller in Q3 2014 was Riverstone Holdings, an estimated $208M sold.
Based on aggregated 13F filings for Q3 2014.