Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
28 hedge funds and large institutions have $51.8M invested in Enduro Royalty Trust in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.
11% more capital invested
Capital invested by funds: $46.8M → $51.8M (+$5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 58.32% → 57.6% (-0.72%)
7% less funds holding
Funds holding: 30 → 28 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
78% less call options, than puts
Call options by funds: $15K | Put options by funds: $69K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$86.1K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$55.8K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.3K |
| 4 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
+$2.66K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$168K |
| 2 |
Goldman Sachs
New York
|
-$161K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$154K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$65.3K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$57.2K |
NDRO Hedge Fund Activity: Q1 2016 in Review
28 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q1 2016, worth a combined $51.8M — up 11% from $46.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NDRO and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $86.1K. The largest seller was Freestone Capital Holdings, exiting entirely with an estimated $168K sold.
- 28 institutional investors held Enduro Royalty Trust (NDRO) as of Q1 2016, down from 30 in Q4 2015.
- Funds reported $51.8M of Enduro Royalty Trust stock for Q1 2016, up 11% quarter-over-quarter.
- 5 funds opened new Enduro Royalty Trust positions in Q1 2016 and 7 closed out, a net change of -2 holders.
- The largest Enduro Royalty Trust buyer in Q1 2016 was Millennium Management, an estimated $86.1K added.
- The largest Enduro Royalty Trust seller in Q1 2016 was Freestone Capital Holdings, an estimated $168K sold.
Based on aggregated 13F filings for Q1 2016.