NGL Energy Partners
104 hedge funds and large institutions have $1.35B invested in NGL Energy Partners in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 19 closing their positions.
186% more capital invested
Capital invested by funds: $472M → $1.35B (+$877M)
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
67% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $8.18M
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
8.92% more ownership
Funds ownership: 58.43% → 67.35% (+8.9%)
1% more funds holding
Funds holding: 103 → 104 (+1)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$82.1M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$74.8M |
| 3 |
O
OppenheimerFunds
New York
|
+$22.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$20.1M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$44.8M |
| 2 |
MNH
Magnum NGL HoldCo
Houston,
Texas
|
-$32.2M |
| 3 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$22.5M |
| 4 |
Goldman Sachs
New York
|
-$17.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.4M |
NGL Hedge Fund Activity: Q2 2016 in Review
104 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q2 2016, worth a combined $1.35B — up 186% from $472M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NGL positions and 19 closed out — a net gain of 2 holders — while 31 added to existing stakes and 38 trimmed.
The largest buyer was ALPS Advisors, opening a new position worth an estimated $82.1M. The largest seller was Salient Capital Advisors, cutting an estimated $44.8M.
- 104 institutional investors held NGL Energy Partners (NGL) as of Q2 2016, up from 103 in Q1 2016.
- Funds reported $1.35B of NGL Energy Partners stock for Q2 2016, up 186% quarter-over-quarter.
- 21 funds opened new NGL Energy Partners positions in Q2 2016 and 19 closed out, a net change of +2 holders.
- The largest NGL Energy Partners buyer in Q2 2016 was ALPS Advisors, an estimated $82.1M added.
- The largest NGL Energy Partners seller in Q2 2016 was Salient Capital Advisors, an estimated $44.8M sold.
Based on aggregated 13F filings for Q2 2016.