Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
36 hedge funds and large institutions have $484M invested in Enduro Royalty Trust in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
658% more call options, than puts
Call options by funds: $576K | Put options by funds: $76K
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
29% more funds holding
Funds holding: 28 → 36 (+8)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.97% more ownership
Funds ownership: 120.32% → 121.29% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $531M → $484M (-$46.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.64M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$2.27M |
| 3 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$991K |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$786K |
| 5 |
Millennium Management
New York
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.22M |
| 2 |
KFC
Klingenstein Fields & Co
New York
|
-$1.71M |
| 3 |
HCM
Hamlin Capital Management
New York
|
-$667K |
| 4 |
Morgan Stanley
New York
|
-$438K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$252K |
NDRO Hedge Fund Activity: Q4 2013 in Review
36 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q4 2013, worth a combined $484M — down 8.8% from $531M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NDRO positions and 4 closed out — a net gain of 8 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $8.64M. The largest seller was Goldman Sachs, cutting an estimated $8.22M.
- 36 institutional investors held Enduro Royalty Trust (NDRO) as of Q4 2013, up from 28 in Q3 2013.
- Funds reported $484M of Enduro Royalty Trust stock for Q4 2013, down 8.8% quarter-over-quarter.
- 12 funds opened new Enduro Royalty Trust positions in Q4 2013 and 4 closed out, a net change of +8 holders.
- The largest Enduro Royalty Trust buyer in Q4 2013 was Guggenheim Capital, an estimated $8.64M added.
- The largest Enduro Royalty Trust seller in Q4 2013 was Goldman Sachs, an estimated $8.22M sold.
Based on aggregated 13F filings for Q4 2013.