Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
26 hedge funds and large institutions have $82.7M invested in Enduro Royalty Trust in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 6 closing their positions.
34% more capital invested
Capital invested by funds: $61.9M → $82.7M (+$20.8M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 26 → 26 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$380K |
| 2 |
MFP
Michael F. Price
|
+$277K |
| 3 |
ANBT
American National Bank & Trust
Wichita Falls,
Texas
|
+$144K |
| 4 |
YCM
Yorkville Capital Management
New York
|
+$120K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$76.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$828K |
| 2 |
Millennium Management
New York
|
-$76K |
| 3 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$73K |
| 4 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$40K |
| 5 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$34.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Lucas Capital Management
Red Bank,
New Jersey
| – | -$828K | -254,753 | Closed |
|
|
27
Millennium Management
New York
| – | -$76K | -23,294 | Closed |
|
|
ANTB
28
AMG National Trust Bank
Greenwood Village,
Colorado
| – | -$73K | -22,559 | Closed |
|
|
PAM
29
PVG Asset Management
Golden,
Colorado
| – | -$34.9K | -10,750 | Closed |
|
|
AIM
30
Acrospire Investment Management
Chicago,
Illinois
| – | -$9K | -2,632 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$3K | -1,000 | Closed |
|
NDRO Hedge Fund Activity: Q3 2017 in Review
26 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q3 2017, worth a combined $82.7M — up 34% from $61.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NDRO positions and 6 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Wells Fargo, adding an estimated $380K. The largest seller was Lucas Capital Management, exiting entirely with an estimated $828K sold.
- 26 institutional investors held Enduro Royalty Trust (NDRO) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $82.7M of Enduro Royalty Trust stock for Q3 2017, up 34% quarter-over-quarter.
- 7 funds opened new Enduro Royalty Trust positions in Q3 2017 and 6 closed out, a net change of +1 holder.
- The largest Enduro Royalty Trust buyer in Q3 2017 was Wells Fargo, an estimated $380K added.
- The largest Enduro Royalty Trust seller in Q3 2017 was Lucas Capital Management, an estimated $828K sold.
Based on aggregated 13F filings for Q3 2017.