NGL Energy Partners
113 hedge funds and large institutions have $761M invested in NGL Energy Partners in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 23 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
0.58% more ownership
Funds ownership: 63.53% → 64.11% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
2% less funds holding
Funds holding: 115 → 113 (-2)
15% less capital invested
Capital invested by funds: $900M → $761M (-$139M)
57% less call options, than puts
Call options by funds: $989K | Put options by funds: $2.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$14.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.3M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$13.1M |
| 4 |
Goldman Sachs
New York
|
+$11.3M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$9.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$26M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$22.4M |
| 3 |
JP Morgan Chase
New York
|
-$7.52M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$4.47M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$3.54M |
NGL Hedge Fund Activity: Q4 2018 in Review
113 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2018, worth a combined $761M — down 15% from $900M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NGL and 22 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 40 added.
The largest buyer was ALPS Advisors, adding an estimated $14.6M. The largest seller was Harvest Fund Advisors, cutting an estimated $26M.
- 113 institutional investors held NGL Energy Partners (NGL) as of Q4 2018, down from 115 in Q3 2018.
- Funds reported $761M of NGL Energy Partners stock for Q4 2018, down 15% quarter-over-quarter.
- 22 funds opened new NGL Energy Partners positions in Q4 2018 and 23 closed out, a net change of -1 holder.
- The largest NGL Energy Partners buyer in Q4 2018 was ALPS Advisors, an estimated $14.6M added.
- The largest NGL Energy Partners seller in Q4 2018 was Harvest Fund Advisors, an estimated $26M sold.
Based on aggregated 13F filings for Q4 2018.