Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
36 hedge funds and large institutions have $543M invested in Enduro Royalty Trust in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 6 closing their positions.
10% more capital invested
Capital invested by funds: $493M → $543M (+$50.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.08% less ownership
Funds ownership: 119.16% → 119.08% (-0.08%)
8% less funds holding
Funds holding: 39 → 36 (-3)
10% less call options, than puts
Call options by funds: $773K | Put options by funds: $863K
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$1.15M |
| 2 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$503K |
| 3 |
HB
Homrich & Berg
Atlanta,
Georgia
|
+$469K |
| 4 |
SC
Savitr Capital
San Francisco,
California
|
+$239K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$1.25M |
| 2 |
CC
Cannell & Co
New York
|
-$618K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$280K |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$266K |
| 5 |
HCM
Hamlin Capital Management
New York
|
-$257K |
NDRO Hedge Fund Activity: Q2 2014 in Review
36 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q2 2014, worth a combined $543M — up 10% from $493M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NDRO and 3 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was NXG Investment Management, opening a new position worth an estimated $1.15M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $1.25M.
- 36 institutional investors held Enduro Royalty Trust (NDRO) as of Q2 2014, down from 39 in Q1 2014.
- Funds reported $543M of Enduro Royalty Trust stock for Q2 2014, up 10% quarter-over-quarter.
- 3 funds opened new Enduro Royalty Trust positions in Q2 2014 and 6 closed out, a net change of -3 holders.
- The largest Enduro Royalty Trust buyer in Q2 2014 was NXG Investment Management, an estimated $1.15M added.
- The largest Enduro Royalty Trust seller in Q2 2014 was Kayne Anderson Capital Advisors, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2014.