Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
31 hedge funds and large institutions have $65.9M invested in Enduro Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
120% more call options, than puts
Call options by funds: $110K | Put options by funds: $50K
15% more funds holding
Funds holding: 27 → 31 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $67.7M → $65.9M (-$1.83M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$552K |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
+$366K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$287K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$253K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$624K |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$506K |
| 3 |
Goldman Sachs
New York
|
-$371K |
| 4 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$167K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Acrospire Investment Management
Chicago,
Illinois
| $16K | +$5.45K | +1,488 | +49% |
|
27
Bank of America
Charlotte,
North Carolina
| $3K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$916 | +250 | New |
|
|
FCH
31
Freestone Capital Holdings
Seattle,
Washington
| – | -$506K | -143,055 | Closed |
|
32
Barclays
London,
United Kingdom
| – | -$16.8K | -4,597 | -100% |
|
|
ST
33
Spot Trading
Chicago,
Illinois
| – | -$6K | -1,643 | Closed |
|
34
Simplex Trading
Chicago,
Illinois
| – | -$1K | -311 | Closed |
|
NDRO Hedge Fund Activity: Q4 2016 in Review
31 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q4 2016, worth a combined $65.9M — down 2.7% from $67.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NDRO positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Lucas Capital Management, adding an estimated $552K. The largest seller was ArchPoint Investors, cutting an estimated $624K.
- 31 institutional investors held Enduro Royalty Trust (NDRO) as of Q4 2016, up from 27 in Q3 2016.
- Funds reported $65.9M of Enduro Royalty Trust stock for Q4 2016, down 2.7% quarter-over-quarter.
- 7 funds opened new Enduro Royalty Trust positions in Q4 2016 and 3 closed out, a net change of +4 holders.
- The largest Enduro Royalty Trust buyer in Q4 2016 was Lucas Capital Management, an estimated $552K added.
- The largest Enduro Royalty Trust seller in Q4 2016 was ArchPoint Investors, an estimated $624K sold.
Based on aggregated 13F filings for Q4 2016.