NGL Energy Partners
114 hedge funds and large institutions have $967M invested in NGL Energy Partners in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
73% more call options, than puts
Call options by funds: $9.3M | Put options by funds: $5.38M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
11% more capital invested
Capital invested by funds: $870M → $967M (+$97.1M)
9% more funds holding
Funds holding: 105 → 114 (+9)
1.68% less ownership
Funds ownership: 65.34% → 63.66% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$11.4M |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
+$11.2M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$6.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.37M |
| 5 |
Renaissance Technologies
New York
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$35.3M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$11.5M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$11M |
| 4 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$8.38M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$5.24M |
NGL Hedge Fund Activity: Q2 2018 in Review
114 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q2 2018, worth a combined $967M — up 11% from $870M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NGL positions and 9 closed out — a net gain of 10 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $11.4M. The largest seller was NXG Investment Management, cutting an estimated $35.3M.
- 114 institutional investors held NGL Energy Partners (NGL) as of Q2 2018, up from 105 in Q1 2018.
- Funds reported $967M of NGL Energy Partners stock for Q2 2018, up 11% quarter-over-quarter.
- 19 funds opened new NGL Energy Partners positions in Q2 2018 and 9 closed out, a net change of +10 holders.
- The largest NGL Energy Partners buyer in Q2 2018 was OppenheimerFunds, an estimated $11.4M added.
- The largest NGL Energy Partners seller in Q2 2018 was NXG Investment Management, an estimated $35.3M sold.
Based on aggregated 13F filings for Q2 2018.