NGL Energy Partners
115 hedge funds and large institutions have $900M invested in NGL Energy Partners in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 13 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
8% more call options, than puts
Call options by funds: $5.56M | Put options by funds: $5.16M
1% more funds holding
Funds holding: 114 → 115 (+1)
0.13% less ownership
Funds ownership: 63.66% → 63.53% (-0.13%)
7% less capital invested
Capital invested by funds: $967M → $900M (-$67.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
+$20.4M |
| 2 |
JP Morgan Chase
New York
|
+$12.8M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$11.7M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$8.93M |
| 5 |
Goldman Sachs
New York
|
+$8.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$21.8M |
| 2 |
Morgan Stanley
New York
|
-$17.5M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$10.7M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$8.06M |
| 5 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$7.13M |
NGL Hedge Fund Activity: Q3 2018 in Review
115 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q3 2018, worth a combined $900M — down 7% from $967M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NGL positions and 13 closed out — a net gain of 3 holders — while 41 added to existing stakes and 33 trimmed.
The largest buyer was RR Advisors, adding an estimated $20.4M. The largest seller was Eagle Global Advisors, exiting entirely with an estimated $21.8M sold.
- 115 institutional investors held NGL Energy Partners (NGL) as of Q3 2018, up from 114 in Q2 2018.
- Funds reported $900M of NGL Energy Partners stock for Q3 2018, down 7% quarter-over-quarter.
- 16 funds opened new NGL Energy Partners positions in Q3 2018 and 13 closed out, a net change of +3 holders.
- The largest NGL Energy Partners buyer in Q3 2018 was RR Advisors, an estimated $20.4M added.
- The largest NGL Energy Partners seller in Q3 2018 was Eagle Global Advisors, an estimated $21.8M sold.
Based on aggregated 13F filings for Q3 2018.