NGL Energy Partners
81 hedge funds and large institutions have $989M invested in NGL Energy Partners in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 10 closing their positions.
367% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $2.23M
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
114% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 14
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
29% more capital invested
Capital invested by funds: $764M → $989M (+$224M)
23% more funds holding
Funds holding: 66 → 81 (+15)
10.79% more ownership
Funds ownership: 37.19% → 47.98% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$52.4M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$33.9M |
| 3 |
Neuberger Berman Group
New York
|
+$18.3M |
| 4 |
Goldman Sachs
New York
|
+$15.7M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.7M |
| 3 |
Renaissance Technologies
New York
|
-$3.4M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$3M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$2.63M |
NGL Hedge Fund Activity: Q4 2013 in Review
81 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2013, worth a combined $989M — up 29% from $764M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NGL positions and 10 closed out — a net gain of 15 holders — while 30 added to existing stakes and 14 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $52.4M. The largest seller was First Trust Advisors, exiting entirely with an estimated $15.5M sold.
- 81 institutional investors held NGL Energy Partners (NGL) as of Q4 2013, up from 66 in Q3 2013.
- Funds reported $989M of NGL Energy Partners stock for Q4 2013, up 29% quarter-over-quarter.
- 25 funds opened new NGL Energy Partners positions in Q4 2013 and 10 closed out, a net change of +15 holders.
- The largest NGL Energy Partners buyer in Q4 2013 was OppenheimerFunds, an estimated $52.4M added.
- The largest NGL Energy Partners seller in Q4 2013 was First Trust Advisors, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2013.