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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 $39.9M invested in Enduro Royalty Trust in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 3

0% more funds holding

Funds holding: 2727 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

41% less capital invested

Capital invested by funds: $67.9M → $39.9M (-$28M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
27
Holders Change
Holders Change %
0%
% of All Funds
0.62%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
3
Increased
9
Reduced
3
Closed
3
Calls
$30K
Puts
Net Calls
+$30K
Net Calls Change
+$34K
Name Holding Trade Value Shares
Change
Change in
Stake
RH
1
Riverstone Holdings
New York
$31.8M
Wells Fargo
2
Wells Fargo
California
$2.37M +$317K +91,505 +17%
AI
3
ArchPoint Investors
Florida
$1.43M +$146K +42,040 +12%
TAM
4
Tocqueville Asset Management
New York
$1.09M +$374K +107,900 +58%
MGAM
5
McGowan Group Asset Management
Texas
$958K +$21K +6,061 +2%
MFP
6
Michael F. Price
$292K
Bessemer Group
7
Bessemer Group
New Jersey
$287K +$106K +30,650 +65%
RJA
8
Raymond James & Associates
Florida
$281K
HCP
9
Holt Capital Partners
Texas
$263K +$9.01K +2,596 +4%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$209K +$196K +56,500 New
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$171K +$51.7K +14,901 +48%
ANBT
12
American National Bank & Trust
Texas
$152K
Morgan Stanley
13
Morgan Stanley
New York
$102K -$150K -43,174 -61%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$99K +$3.37K +970 +4%
UBS Group
15
UBS Group
Switzerland
$78K
MIM
16
Marco Investment Management
Georgia
$59K
ACI
17
AMP Capital Investors
Australia
$51K +$47.9K +13,800 New
Bank of New York Mellon
18
Bank of New York Mellon
New York
$41K
CCM
19
Cohen Capital Management
California
$39K
MM
20
Midas Management
New York
$30K +$27.8K +8,000 New
Bank of America
21
Bank of America
North Carolina
$28K -$1.74K -500 -6%
RFC
22
Regions Financial Corp
Alabama
$26K
LF
23
Lee Financial
Texas
$20K
US Bancorp
24
US Bancorp
Minnesota
$8K +$5.2K +1,500 +250%
Simplex Trading
25
Simplex Trading
Illinois
$3K -$39.6K -11,406 -93%

NDRO Hedge Fund Activity: Q2 2018 in Review

27 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Enduro Royalty Trust (NDRO) for Q2 2018, worth a combined $39.9M — down 41% from $67.9M a quarter earlier.

Fund positioning in NDRO was balanced in Q2 2018: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 3 trimmed.

The largest buyer was Tocqueville Asset Management, adding an estimated $374K. The largest seller was Carlyle Group, exiting entirely with an estimated $29.1M sold.

  • 27 institutional investors held Enduro Royalty Trust (NDRO) as of Q2 2018, unchanged from Q1 2018.
  • Funds reported $39.9M of Enduro Royalty Trust stock for Q2 2018, down 41% quarter-over-quarter.
  • 3 funds opened new Enduro Royalty Trust positions in Q2 2018 and 3 closed out, a net change of 0 holders.
  • The largest Enduro Royalty Trust buyer in Q2 2018 was Tocqueville Asset Management, an estimated $374K added.
  • The largest Enduro Royalty Trust seller in Q2 2018 was Carlyle Group, an estimated $29.1M sold.

Based on aggregated 13F filings for Q2 2018.