Enduro Royalty Trust
NDRO
NDRO was delisted on the 13th of September, 2018.
31 hedge funds and large institutions have $65.9M invested in Enduro Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.
120% more call options, than puts
Call options by funds: $110K | Put options by funds: $50K
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
11% more funds holding
Funds holding: 28 → 31 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 57.94% → 57.84% (-0.09%)
3% less capital invested
Capital invested by funds: $67.7M → $65.9M (-$1.83M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$552K |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
+$366K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$287K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$253K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$624K |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$506K |
| 3 |
Goldman Sachs
New York
|
-$371K |
| 4 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$167K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$37K |
NDRO Hedge Fund Activity: Q4 2016 in Review
31 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q4 2016, worth a combined $65.9M — down 2.7% from $67.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NDRO positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Lucas Capital Management, adding an estimated $552K. The largest seller was ArchPoint Investors, cutting an estimated $624K.
- 31 institutional investors held Enduro Royalty Trust (NDRO) as of Q4 2016, up from 28 in Q3 2016.
- Funds reported $65.9M of Enduro Royalty Trust stock for Q4 2016, down 2.7% quarter-over-quarter.
- 6 funds opened new Enduro Royalty Trust positions in Q4 2016 and 3 closed out, a net change of +3 holders.
- The largest Enduro Royalty Trust buyer in Q4 2016 was Lucas Capital Management, an estimated $552K added.
- The largest Enduro Royalty Trust seller in Q4 2016 was ArchPoint Investors, an estimated $624K sold.
Based on aggregated 13F filings for Q4 2016.