Enduro Royalty Trust
NDRO
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.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
25.27% less ownership
Funds ownership: 57.94% → 32.67% (-25%)
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: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$374K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$317K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$196K |
| 4 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$146K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carlyle Group
Washington,
District of Columbia
|
-$29.1M |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
-$1.68M |
| 3 |
Morgan Stanley
New York
|
-$150K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$39.6K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$4K |
NDRO Hedge Fund Activity: Q2 2018 in Review
27 of the 4,385 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.