Navios Maritime Partners
100 hedge funds and large institutions have $319M invested in Navios Maritime Partners in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
34% more capital invested
Capital invested by funds: $238M → $319M (+$81M)
25% more call options, than puts
Call options by funds: $6.13M | Put options by funds: $4.91M
12% more funds holding
Funds holding: 89 → 100 (+11)
0.02% more ownership
Funds ownership: 1.52% → 1.54% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$14.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.55M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$4.92M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.2M |
| 5 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$23.5M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$6.36M |
| 3 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
-$4.12M |
| 4 |
Morgan Stanley
New York
|
-$2.19M |
| 5 |
Neuberger Berman Group
New York
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Renaissance Technologies
New York
| – | -$1.42M | -6,464 | Closed |
|
|
SFM
102
Soros Fund Management
New York
| – | -$785K | -3,573 | Closed |
|
|
PG
103
PEAK6 Group
Chicago,
Illinois
| – | -$644K | -2,623 | Closed |
|
|
BG
104
BlackRock Group
London,
United Kingdom
| – | -$463K | -2,108 | Closed |
|
|
GCP
105
GSA Capital Partners
London,
United Kingdom
| – | -$429K | -1,955 | Closed |
|
106
Bank of New York Mellon
New York
| – | -$402K | -1,834 | Closed |
|
|
DRZID
107
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$366K | -1,667 | Closed |
|
|
NCCM
108
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$148K | -673 | Closed |
|
|
WA
109
Waverly Advisors
Birmingham,
Alabama
| – | -$49K | -223 | Closed |
|
|
PCM
110
Prelude Capital Management
New York
| – | -$29K | -133 | Closed |
|
|
RNS
111
Robert N. Shapiro
| – | -$5K | -22 | Closed |
|
NMM Hedge Fund Activity: Q4 2013 in Review
100 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Navios Maritime Partners (NMM) for Q4 2013, worth a combined $319M — up 34% from $238M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NMM positions and 12 closed out — a net gain of 12 holders — while 37 added to existing stakes and 23 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $14.2M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $23.5M.
- 100 institutional investors held Navios Maritime Partners (NMM) as of Q4 2013, up from 89 in Q3 2013.
- Funds reported $319M of Navios Maritime Partners stock for Q4 2013, up 34% quarter-over-quarter.
- 24 funds opened new Navios Maritime Partners positions in Q4 2013 and 12 closed out, a net change of +12 holders.
- The largest Navios Maritime Partners buyer in Q4 2013 was Goldman Sachs, an estimated $14.2M added.
- The largest Navios Maritime Partners seller in Q4 2013 was Kayne Anderson Capital Advisors, an estimated $23.5M sold.
Based on aggregated 13F filings for Q4 2013.