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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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+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: 11096 (-14)

54% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 26

55% less capital invested

Capital invested by funds: $1.67B → $746M (-$928M)

79% less call options, than puts

Call options by funds: $4.87M | Put options by funds: $23M

Holders
96
Holders Change
-14
Holders Change %
-12.73%
% of All Funds
2.52%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.1%
New
12
Increased
48
Reduced
26
Closed
26
Calls
$4.87M
Puts
$23M
Net Calls
-$18.1M
Net Calls Change
-$16M
Name Holding Trade Value Shares
Change
Change in
Stake
O
1
OppenheimerFunds
New York
$114M +$506K +31,444 +0.3%
MNH
2
Magnum NGL HoldCo
Texas
$81.7M +$119M +7,396,973 New
AA
3
ALPS Advisors
Colorado
$79.5M +$9.02M +560,036 +8%
SCA
4
Salient Capital Advisors
Texas
$69.8M +$12.5M +776,104 +14%
HFA
5
Harvest Fund Advisors
Pennsylvania
$41.5M +$7.73M +479,898 +15%
UBS Group
6
UBS Group
Switzerland
$38.6M +$7.76M +482,328 +16%
EGA
7
Eagle Global Advisors
Texas
$30.1M -$2.82M -175,275 -6%
Morgan Stanley
8
Morgan Stanley
New York
$24.2M +$7.63M +473,736 +28%
DAC
9
Dividend Assets Capital
South Carolina
$20.3M +$1.78M +110,588 +6%
EIP
10
Energy Income Partners
Connecticut
$18.8M -$30.1M -1,872,095 -52%
Bank of America
11
Bank of America
North Carolina
$18.4M -$6.3M -391,405 -19%
JP Morgan Chase
12
JP Morgan Chase
New York
$18.3M +$2.17M +134,542 +9%
COPPSERS
13
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$16.3M +$2.83M +176,054 +14%
AR
14
Advisory Research
Illinois
$14.9M -$1.38M -85,790 -6%
NIM
15
NXG Investment Management
Texas
$13.4M -$26.6M -1,650,355 -58%
First Eagle Investment Management
16
First Eagle Investment Management
New York
$9.51M +$9.84M +611,339 +245%
CS
17
Credit Suisse
Switzerland
$9.32M +$7.42M +461,147 +120%
HHAM
18
HITE Hedge Asset Management
Massachusetts
$8.95M +$11.2M +698,091 +619%
Deutsche Bank
19
Deutsche Bank
Germany
$8.17M +$9.17M +569,387 +333%
Creative Planning
20
Creative Planning
Kansas
$7.99M +$11.6M +723,248 +103,915%
ClearBridge Investments
21
ClearBridge Investments
New York
$7.03M
Renaissance Technologies
22
Renaissance Technologies
New York
$6.97M +$9.16M +568,986 +909%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$6.62M -$11.8M -730,817 -55%
IG
24
ING Group
Netherlands
$6.01M +$3.67M +228,000 +72%
Goldman Sachs
25
Goldman Sachs
New York
$5.1M -$25.4M -1,577,503 -77%

NGL Hedge Fund Activity: Q4 2015 in Review

96 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2015, worth a combined $746M — down 55% from $1.67B 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 55% 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.