NGL Energy Partners
118 hedge funds and large institutions have $1.59B invested in NGL Energy Partners in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
33% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $8.77M
29% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 35
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
14% more capital invested
Capital invested by funds: $1.39B → $1.59B (+$200M)
6% more funds holding
Funds holding: 111 → 118 (+7)
0.66% more ownership
Funds ownership: 70.03% → 70.69% (+0.66%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$18M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$16.9M |
| 3 |
O
OppenheimerFunds
New York
|
+$12M |
| 4 |
Citigroup
New York
|
+$11.5M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$9.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNH
Magnum NGL HoldCo
Houston,
Texas
|
-$34.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$17.7M |
| 3 |
N
Natixis
Paris,
France
|
-$12.4M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$9.04M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.35M |
NGL Hedge Fund Activity: Q4 2016 in Review
118 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2016, worth a combined $1.59B — up 14% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NGL positions and 11 closed out — a net gain of 8 holders — while 45 added to existing stakes and 35 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $18M. The largest seller was Magnum NGL HoldCo, cutting an estimated $34.1M.
- 118 institutional investors held NGL Energy Partners (NGL) as of Q4 2016, up from 111 in Q3 2016.
- Funds reported $1.59B of NGL Energy Partners stock for Q4 2016, up 14% quarter-over-quarter.
- 19 funds opened new NGL Energy Partners positions in Q4 2016 and 11 closed out, a net change of +8 holders.
- The largest NGL Energy Partners buyer in Q4 2016 was Nuveen, an estimated $18M added.
- The largest NGL Energy Partners seller in Q4 2016 was Magnum NGL HoldCo, an estimated $34.1M sold.
Based on aggregated 13F filings for Q4 2016.