NGL Energy Partners
99 hedge funds and large institutions have $244M invested in NGL Energy Partners in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 13 closing their positions.
35% more capital invested
Capital invested by funds: $180M → $244M (+$63.9M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 101 → 99 (-2)
5.13% less ownership
Funds ownership: 53.81% → 48.68% (-5.1%)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
50% less call options, than puts
Call options by funds: $3.36M | Put options by funds: $6.74M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$15M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.19M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$1.17M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$865K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$14.4M |
| 2 |
Morgan Stanley
New York
|
-$11.4M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
-$4.26M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$3.92M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.11M |
NGL Hedge Fund Activity: Q2 2020 in Review
99 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q2 2020, worth a combined $244M — up 35% from $180M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NGL and 12 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 24 added.
The largest buyer was JP Morgan Chase, adding an estimated $15M. The largest seller was Tortoise Capital Advisors, cutting an estimated $14.4M.
- 99 institutional investors held NGL Energy Partners (NGL) as of Q2 2020, down from 101 in Q1 2020.
- Funds reported $244M of NGL Energy Partners stock for Q2 2020, up 35% quarter-over-quarter.
- 12 funds opened new NGL Energy Partners positions in Q2 2020 and 13 closed out, a net change of -1 holder.
- The largest NGL Energy Partners buyer in Q2 2020 was JP Morgan Chase, an estimated $15M added.
- The largest NGL Energy Partners seller in Q2 2020 was Tortoise Capital Advisors, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2020.