NGL Energy Partners
88 hedge funds and large institutions have $221M invested in NGL Energy Partners in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 19 closing their positions.
5.3% less ownership
Funds ownership: 48.68% → 43.38% (-5.3%)
10% less capital invested
Capital invested by funds: $244M → $221M (-$23.3M)
11% less funds holding
Funds holding: 99 → 88 (-11)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
53% less call options, than puts
Call options by funds: $800K | Put options by funds: $1.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$2.5M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.64M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$561K |
| 4 |
Morgan Stanley
New York
|
+$556K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$7.92M |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
-$7.69M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$6.63M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.84M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$991K |
NGL Hedge Fund Activity: Q3 2020 in Review
88 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q3 2020, worth a combined $221M — down 9.5% from $244M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NGL and 9 opened new positions — a net loss of 10 holders — while 26 trimmed existing stakes and 20 added.
The largest buyer was Salient Capital Advisors, adding an estimated $2.5M. The largest seller was JP Morgan Chase, cutting an estimated $7.92M.
- 88 institutional investors held NGL Energy Partners (NGL) as of Q3 2020, down from 99 in Q2 2020.
- Funds reported $221M of NGL Energy Partners stock for Q3 2020, down 9.5% quarter-over-quarter.
- 9 funds opened new NGL Energy Partners positions in Q3 2020 and 19 closed out, a net change of -10 holders.
- The largest NGL Energy Partners buyer in Q3 2020 was Salient Capital Advisors, an estimated $2.5M added.
- The largest NGL Energy Partners seller in Q3 2020 was JP Morgan Chase, an estimated $7.92M sold.
Based on aggregated 13F filings for Q3 2020.