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NDRO

Enduro Royalty Trust
NDRO

Delisted

NDRO was delisted on the 13th of September, 2018.

27 hedge funds and large institutions have $67.7M invested in Enduro Royalty Trust in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $70.6M → $67.7M (-$2.92M)

4% less funds holding

Funds holding: 2827 (-1)

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

91% less call options, than puts

Call options by funds: $19K | Put options by funds: $212K

Holders
27
Holders Change
-1
Holders Change %
-3.57%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
2
Increased
7
Reduced
9
Closed
3
Calls
$19K
Puts
$212K
Net Calls
-$193K
Net Calls Change
+$32K
Name Holding Trade Value Shares
Change
Change in
Stake
CG
1
Carlyle Group
District of Columbia
$30.4M
RH
2
Riverstone Holdings
New York
$30.4M
AI
3
ArchPoint Investors
Florida
$2.19M +$40.1K +11,500 +2%
RA
4
RR Advisors
Texas
$990K +$76.6K +22,000 +9%
LCM
5
Lucas Capital Management
New Jersey
$513K
FCH
6
Freestone Capital Holdings
Washington
$506K +$498K +143,055 New
Goldman Sachs
7
Goldman Sachs
New York
$479K -$114K -32,597 -19%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$360K +$1.74K +500 +0.5%
ANTB
9
AMG National Trust Bank
Colorado
$356K -$285K -81,801 -45%
Wells Fargo
10
Wells Fargo
California
$311K +$127K +36,529 +72%
JP Morgan Chase
11
JP Morgan Chase
New York
$195K +$30.8K +8,850 +19%
Morgan Stanley
12
Morgan Stanley
New York
$169K -$75.2K -21,599 -31%
HCP
13
Holt Capital Partners
Texas
$157K -$14.6K -4,200 -9%
UBS Group
14
UBS Group
Switzerland
$113K +$14.7K +4,229 +15%
SCM
15
Sterling Capital Management
North Carolina
$100K
Luther King Capital Management (LKCM)
16
Luther King Capital Management (LKCM)
Texas
$71K
RFC
17
Regions Financial Corp
Alabama
$69K -$6.96K -2,000 -9%
SBIA
18
Sheaff Brock Investment Advisors
Indiana
$64K
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$61K +$60.3K +17,300 New
CCM
20
Cohen Capital Management
California
$44K
Barclays
21
Barclays
United Kingdom
$16K +$3.9K +1,119 +32%
AIM
22
Acrospire Investment Management
Illinois
$11K -$3.91K -1,123 -27%
ST
23
Spot Trading
Illinois
$6K -$13.5K -3,886 -70%
Bank of America
24
Bank of America
North Carolina
$4K -$1.74K -500 -33%
Creative Planning
25
Creative Planning
Kansas
$4K

NDRO Hedge Fund Activity: Q3 2016 in Review

27 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q3 2016, worth a combined $67.7M — down 4.1% from $70.6M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of NDRO and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 7 added.

The largest buyer was Freestone Capital Holdings, opening a new position worth an estimated $498K. The largest seller was AMG National Trust Bank, cutting an estimated $285K.

  • 27 institutional investors held Enduro Royalty Trust (NDRO) as of Q3 2016, down from 28 in Q2 2016.
  • Funds reported $67.7M of Enduro Royalty Trust stock for Q3 2016, down 4.1% quarter-over-quarter.
  • 2 funds opened new Enduro Royalty Trust positions in Q3 2016 and 3 closed out, a net change of -1 holder.
  • The largest Enduro Royalty Trust buyer in Q3 2016 was Freestone Capital Holdings, an estimated $498K added.
  • The largest Enduro Royalty Trust seller in Q3 2016 was AMG National Trust Bank, an estimated $285K sold.

Based on aggregated 13F filings for Q3 2016.