Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
39 hedge funds and large institutions have $493M invested in Enduro Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
10% more call options, than puts
Call options by funds: $886K | Put options by funds: $802K
8% more funds holding
Funds holding: 36 → 39 (+3)
2% more capital invested
Capital invested by funds: $484M → $493M (+$8.78M)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
2.14% less ownership
Funds ownership: 121.29% → 119.16% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell & Co
New York
|
+$2.67M |
| 2 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$1.61M |
| 3 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$449K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$438K |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$8.77M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$2.78M |
| 3 |
KFC
Klingenstein Fields & Co
New York
|
-$1.39M |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$817K |
| 5 |
Millennium Management
New York
|
-$555K |
NDRO Hedge Fund Activity: Q1 2014 in Review
39 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q1 2014, worth a combined $493M — up 1.8% from $484M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NDRO positions and 8 closed out — a net gain of 3 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Cannell & Co, opening a new position worth an estimated $2.67M. The largest seller was Guggenheim Capital, cutting an estimated $8.77M.
- 39 institutional investors held Enduro Royalty Trust (NDRO) as of Q1 2014, up from 36 in Q4 2013.
- Funds reported $493M of Enduro Royalty Trust stock for Q1 2014, up 1.8% quarter-over-quarter.
- 11 funds opened new Enduro Royalty Trust positions in Q1 2014 and 8 closed out, a net change of +3 holders.
- The largest Enduro Royalty Trust buyer in Q1 2014 was Cannell & Co, an estimated $2.67M added.
- The largest Enduro Royalty Trust seller in Q1 2014 was Guggenheim Capital, an estimated $8.77M sold.
Based on aggregated 13F filings for Q1 2014.