NGL Energy Partners
110 hedge funds and large institutions have $872M invested in NGL Energy Partners in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 23 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
1.47% less ownership
Funds ownership: 61.45% → 59.97% (-1.5%)
4% less funds holding
Funds holding: 114 → 110 (-4)
19% less capital invested
Capital invested by funds: $1.08B → $872M (-$205M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
87% less call options, than puts
Call options by funds: $4.26M | Put options by funds: $33.8M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$12.4M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$11.9M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
+$6M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$4.74M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$2.79M |
Top Sellers
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$41.3M |
| 2 |
Goldman Sachs
New York
|
-$17.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.23M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.11M |
| 5 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
-$5.56M |
NGL Hedge Fund Activity: Q4 2019 in Review
110 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2019, worth a combined $872M — down 19% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NGL and 21 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $12.4M. The largest seller was Harvest Fund Advisors, exiting entirely with an estimated $41.3M sold.
- 110 institutional investors held NGL Energy Partners (NGL) as of Q4 2019, down from 114 in Q3 2019.
- Funds reported $872M of NGL Energy Partners stock for Q4 2019, down 19% quarter-over-quarter.
- 21 funds opened new NGL Energy Partners positions in Q4 2019 and 23 closed out, a net change of -2 holders.
- The largest NGL Energy Partners buyer in Q4 2019 was Morgan Stanley, an estimated $12.4M added.
- The largest NGL Energy Partners seller in Q4 2019 was Harvest Fund Advisors, an estimated $41.3M sold.
Based on aggregated 13F filings for Q4 2019.