NGL Energy Partners
114 hedge funds and large institutions have $1.08B invested in NGL Energy Partners in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 45 reducing their positions, and 13 closing their positions.
425% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $3.18M
0.34% more ownership
Funds ownership: 61.11% → 61.45% (+0.34%)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1% less funds holding
Funds holding: 115 → 114 (-1)
5% less capital invested
Capital invested by funds: $1.14B → $1.08B (-$59.2M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$77.4M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$55M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$8.17M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.1M |
| 5 |
Morgan Stanley
New York
|
+$6.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$77.7M |
| 2 |
First Eagle Investment Management
New York
|
-$27.1M |
| 3 |
JP Morgan Chase
New York
|
-$24.2M |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$9.04M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.52M |
NGL Hedge Fund Activity: Q3 2019 in Review
114 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q3 2019, worth a combined $1.08B — down 5.2% from $1.14B a quarter earlier.
Fund positioning in NGL was balanced in Q3 2019: 13 funds opened new positions, 13 closed out, 32 added to existing stakes and 45 trimmed.
The largest buyer was Tortoise Capital Advisors, opening a new position worth an estimated $77.4M. The largest seller was Advisory Research, exiting entirely with an estimated $77.7M sold.
- 114 institutional investors held NGL Energy Partners (NGL) as of Q3 2019, down from 115 in Q2 2019.
- Funds reported $1.08B of NGL Energy Partners stock for Q3 2019, down 5.2% quarter-over-quarter.
- 13 funds opened new NGL Energy Partners positions in Q3 2019 and 13 closed out, a net change of 0 holders.
- The largest NGL Energy Partners buyer in Q3 2019 was Tortoise Capital Advisors, an estimated $77.4M added.
- The largest NGL Energy Partners seller in Q3 2019 was Advisory Research, an estimated $77.7M sold.
Based on aggregated 13F filings for Q3 2019.