NGL Energy Partners
96 hedge funds and large institutions have $746M invested in NGL Energy Partners in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 26 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
85% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 26
6.36% more ownership
Funds ownership: 56.8% → 63.16% (+6.4%)
13% less funds holding
Funds holding: 110 → 96 (-14)
39% less capital invested
Capital invested by funds: $1.22B → $746M (-$471M)
54% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 26
79% less call options, than puts
Call options by funds: $4.87M | Put options by funds: $23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$12.5M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$11.6M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$11.2M |
| 4 |
First Eagle Investment Management
New York
|
+$9.84M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$30.1M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$26.6M |
| 3 |
Goldman Sachs
New York
|
-$25.4M |
| 4 |
Neuberger Berman Group
New York
|
-$11.8M |
| 5 |
Cohen & Steers
New York
|
-$10.5M |
NGL Hedge Fund Activity: Q4 2015 in Review
96 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2015, worth a combined $746M — down 39% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NGL and 12 opened new positions — a net loss of 14 holders — while 26 trimmed existing stakes and 48 added.
The largest buyer was Salient Capital Advisors, adding an estimated $12.5M. The largest seller was Energy Income Partners, cutting an estimated $30.1M.
- 96 institutional investors held NGL Energy Partners (NGL) as of Q4 2015, down from 110 in Q3 2015.
- Funds reported $746M of NGL Energy Partners stock for Q4 2015, down 39% quarter-over-quarter.
- 12 funds opened new NGL Energy Partners positions in Q4 2015 and 26 closed out, a net change of -14 holders.
- The largest NGL Energy Partners buyer in Q4 2015 was Salient Capital Advisors, an estimated $12.5M added.
- The largest NGL Energy Partners seller in Q4 2015 was Energy Income Partners, an estimated $30.1M sold.
Based on aggregated 13F filings for Q4 2015.