NGL Energy Partners
92 hedge funds and large institutions have $99.4M invested in NGL Energy Partners in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 16 increasing their positions, 24 reducing their positions, and 22 closing their positions.
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2.86% less ownership
Funds ownership: 40.48% → 37.62% (-2.9%)
3% less funds holding
Funds holding: 95 → 92 (-3)
21% less capital invested
Capital invested by funds: $125M → $99.4M (-$25.9M)
33% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 24
60% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $2.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.2M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$3.62M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.39M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$3.15M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$38.4M |
| 2 |
ICA
Infrastructure Capital Advisors
New York
|
-$1.54M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$1.28M |
| 4 |
JP Morgan Chase
New York
|
-$917K |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$794K |
NGL Hedge Fund Activity: Q1 2021 in Review
92 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q1 2021, worth a combined $99.4M — down 21% from $125M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NGL and 20 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $10.2M. The largest seller was ALPS Advisors, cutting an estimated $38.4M.
- 92 institutional investors held NGL Energy Partners (NGL) as of Q1 2021, down from 95 in Q4 2020.
- Funds reported $99.4M of NGL Energy Partners stock for Q1 2021, down 21% quarter-over-quarter.
- 20 funds opened new NGL Energy Partners positions in Q1 2021 and 22 closed out, a net change of -2 holders.
- The largest NGL Energy Partners buyer in Q1 2021 was Morgan Stanley, an estimated $10.2M added.
- The largest NGL Energy Partners seller in Q1 2021 was ALPS Advisors, an estimated $38.4M sold.
Based on aggregated 13F filings for Q1 2021.