NGL Energy Partners
94 hedge funds and large institutions have $301M invested in NGL Energy Partners in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
63% more capital invested
Capital invested by funds: $184M → $301M (+$117M)
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
19% more funds holding
Funds holding: 79 → 94 (+15)
4.9% more ownership
Funds ownership: 36.02% → 40.92% (+4.9%)
22% less call options, than puts
Call options by funds: $1.73M | Put options by funds: $2.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$13.3M |
| 2 |
BlackRock
New York
|
+$5.95M |
| 3 |
JP Morgan Chase
New York
|
+$5.14M |
| 4 |
FI
Fractal Investments
Glastonbury,
Connecticut
|
+$2.74M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$914K |
| 3 |
Jane Street
New York
|
-$674K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$306K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$247K |
NGL Hedge Fund Activity: Q4 2023 in Review
94 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in NGL Energy Partners (NGL) for Q4 2023, worth a combined $301M — up 63% from $184M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NGL positions and 4 closed out — a net gain of 16 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $13.3M. The largest seller was Morgan Stanley, cutting an estimated $5.7M.
- 94 institutional investors held NGL Energy Partners (NGL) as of Q4 2023, up from 79 in Q3 2023.
- Funds reported $301M of NGL Energy Partners stock for Q4 2023, up 63% quarter-over-quarter.
- 20 funds opened new NGL Energy Partners positions in Q4 2023 and 4 closed out, a net change of +16 holders.
- The largest NGL Energy Partners buyer in Q4 2023 was Goldman Sachs, an estimated $13.3M added.
- The largest NGL Energy Partners seller in Q4 2023 was Morgan Stanley, an estimated $5.7M sold.
Based on aggregated 13F filings for Q4 2023.