NGL Energy Partners
109 hedge funds and large institutions have $887M invested in NGL Energy Partners in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 36 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 36
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1% less funds holding
Funds holding: 110 → 109 (-1)
6.85% less ownership
Funds ownership: 70.2% → 63.35% (-6.8%)
25% less capital invested
Capital invested by funds: $1.19B → $887M (-$300M)
55% less call options, than puts
Call options by funds: $2.64M | Put options by funds: $5.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$25.1M |
| 2 |
Goldman Sachs
New York
|
+$9.23M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$8.72M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$7.33M |
| 5 |
JP Morgan Chase
New York
|
+$6.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$114M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$20.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$17.8M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$11.6M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$7.83M |
NGL Hedge Fund Activity: Q3 2017 in Review
109 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q3 2017, worth a combined $887M — down 25% from $1.19B a quarter earlier.
Fund positioning in NGL was balanced in Q3 2017: 12 funds opened new positions, 12 closed out, 39 added to existing stakes and 36 trimmed.
The largest buyer was HITE Hedge Asset Management, adding an estimated $25.1M. The largest seller was ALPS Advisors, exiting entirely with an estimated $114M sold.
- 109 institutional investors held NGL Energy Partners (NGL) as of Q3 2017, down from 110 in Q2 2017.
- Funds reported $887M of NGL Energy Partners stock for Q3 2017, down 25% quarter-over-quarter.
- 12 funds opened new NGL Energy Partners positions in Q3 2017 and 12 closed out, a net change of 0 holders.
- The largest NGL Energy Partners buyer in Q3 2017 was HITE Hedge Asset Management, an estimated $25.1M added.
- The largest NGL Energy Partners seller in Q3 2017 was ALPS Advisors, an estimated $114M sold.
Based on aggregated 13F filings for Q3 2017.