NGL Energy Partners
105 hedge funds and large institutions have $870M invested in NGL Energy Partners in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 20 closing their positions.
679% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $3.93M
0.6% less ownership
Funds ownership: 65.93% → 65.34% (-0.6%)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
10% less funds holding
Funds holding: 117 → 105 (-12)
22% less capital invested
Capital invested by funds: $1.12B → $870M (-$246M)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$12.9M |
| 2 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$10.5M |
| 3 |
O
OppenheimerFunds
New York
|
+$8.61M |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$6.75M |
| 5 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$115M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$20M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$19M |
| 4 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$9.13M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$6.48M |
NGL Hedge Fund Activity: Q1 2018 in Review
105 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q1 2018, worth a combined $870M — down 22% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NGL and 11 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 36 added.
The largest buyer was Bank of Montreal, adding an estimated $12.9M. The largest seller was Blackstone Inc, exiting entirely with an estimated $115M sold.
- 105 institutional investors held NGL Energy Partners (NGL) as of Q1 2018, down from 117 in Q4 2017.
- Funds reported $870M of NGL Energy Partners stock for Q1 2018, down 22% quarter-over-quarter.
- 11 funds opened new NGL Energy Partners positions in Q1 2018 and 20 closed out, a net change of -9 holders.
- The largest NGL Energy Partners buyer in Q1 2018 was Bank of Montreal, an estimated $12.9M added.
- The largest NGL Energy Partners seller in Q1 2018 was Blackstone Inc, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2018.