Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
28 hedge funds and large institutions have $70.6M invested in Enduro Royalty Trust in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
36% more capital invested
Capital invested by funds: $51.8M → $70.6M (+$18.8M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding
Funds holding: 28 → 28 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
85% less call options, than puts
Call options by funds: $40K | Put options by funds: $265K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
+$457K |
| 2 |
JP Morgan Chase
New York
|
+$159K |
| 3 |
Morgan Stanley
New York
|
+$91.7K |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$74.6K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$69.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$211K |
| 2 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$126K |
| 3 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$106K |
| 4 |
Millennium Management
New York
|
-$88K |
| 5 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$8.37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $2K | +$715 | +205 | +43% |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | -$1.74K | -500 | -67% |
|
|
GCP
28
GSA Capital Partners
London,
United Kingdom
| – | -$211K | -77,311 | Closed |
|
|
FIM
29
Frontier Investment Management
Dallas,
Texas
| – | -$1K | -47,200 | Closed |
|
|
30
Millennium Management
New York
| – | -$88K | -32,399 | Closed |
|
|
AIM
31
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$7K | -2,500 | Closed |
|
|
PG
32
PEAK6 Group
Chicago,
Illinois
| – | +$31 | +9 | New |
|
NDRO Hedge Fund Activity: Q2 2016 in Review
28 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q2 2016, worth a combined $70.6M — up 36% from $51.8M a quarter earlier.
Fund positioning in NDRO was balanced in Q2 2016: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 6 trimmed.
The largest buyer was RR Advisors, adding an estimated $457K. The largest seller was GSA Capital Partners, exiting entirely with an estimated $211K sold.
- 28 institutional investors held Enduro Royalty Trust (NDRO) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $70.6M of Enduro Royalty Trust stock for Q2 2016, up 36% quarter-over-quarter.
- 4 funds opened new Enduro Royalty Trust positions in Q2 2016 and 4 closed out, a net change of 0 holders.
- The largest Enduro Royalty Trust buyer in Q2 2016 was RR Advisors, an estimated $457K added.
- The largest Enduro Royalty Trust seller in Q2 2016 was GSA Capital Partners, an estimated $211K sold.
Based on aggregated 13F filings for Q2 2016.