Navios Maritime Partners
85 hedge funds and large institutions have $244M invested in Navios Maritime Partners in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 17 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
0.06% less ownership
Funds ownership: 2.12% → 2.06% (-0.06%)
3% less funds holding
Funds holding: 88 → 85 (-3)
31% less call options, than puts
Call options by funds: $1.87M | Put options by funds: $2.72M
44% less capital invested
Capital invested by funds: $438M → $244M (-$194M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$24.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.3M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$8.51M |
| 4 |
Two Sigma Investments
New York
|
+$4.54M |
| 5 |
Renaissance Technologies
New York
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$59.7M |
| 2 |
Neuberger Berman Group
New York
|
-$7.76M |
| 3 |
Morgan Stanley
New York
|
-$3.95M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$3.49M |
| 5 |
PTCG
Pring Turner Capital Group
Alamo,
California
|
-$3.23M |
NMM Hedge Fund Activity: Q4 2014 in Review
85 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Navios Maritime Partners (NMM) for Q4 2014, worth a combined $244M — down 44% from $438M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NMM positions and 17 closed out — a net gain of 3 holders — while 29 added to existing stakes and 23 trimmed.
The largest buyer was Invesco, adding an estimated $24.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $59.7M sold.
- 85 institutional investors held Navios Maritime Partners (NMM) as of Q4 2014, down from 88 in Q3 2014.
- Funds reported $244M of Navios Maritime Partners stock for Q4 2014, down 44% quarter-over-quarter.
- 20 funds opened new Navios Maritime Partners positions in Q4 2014 and 17 closed out, a net change of +3 holders.
- The largest Navios Maritime Partners buyer in Q4 2014 was Invesco, an estimated $24.8M added.
- The largest Navios Maritime Partners seller in Q4 2014 was Goldman Sachs, an estimated $59.7M sold.
Based on aggregated 13F filings for Q4 2014.