Navios Maritime Partners
92 hedge funds and large institutions have $442M invested in Navios Maritime Partners in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 38 reducing their positions, and 19 closing their positions.
274% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $3.04M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more capital invested
Capital invested by funds: $319M → $442M (+$122M)
0.39% more ownership
Funds ownership: 1.54% → 1.93% (+0.39%)
8% less funds holding
Funds holding: 100 → 92 (-8)
34% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 38
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$46.8M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$30.3M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$18.3M |
| 4 |
Goldman Sachs
New York
|
+$11.1M |
| 5 |
RP
Raiff Partners
New York
|
+$5.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$2.64M |
| 2 |
Two Sigma Investments
New York
|
-$2.61M |
| 3 |
KCP
Kortright Capital Partners
New York
|
-$2.34M |
| 4 |
Neuberger Berman Group
New York
|
-$1.9M |
| 5 |
Morgan Stanley
New York
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$265K | -924 | Closed |
|
|
COPPSERS
102
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$226K | -788 | Closed |
|
|
HFA
103
Harvest Fund Advisors
Wayne,
Pennsylvania
| – | -$226K | -788 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$184K | -671 | -100% |
|
|
TAM
105
Tocqueville Asset Management
New York
| – | -$76K | -267 | Closed |
|
106
Walleye Trading
New York
| – | -$51K | -179 | Closed |
|
|
BIT
107
BlackRock Institutional Trust
San Francisco,
California
| – | -$26.6K | -97 | Closed |
|
|
ST
108
Spot Trading
Chicago,
Illinois
| – | -$21.1K | -77 | Closed |
|
|
ASN
109
Advisory Services Network
Atlanta,
Georgia
| – | -$8K | -27 | Closed |
|
110
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -13 | Closed |
|
NMM Hedge Fund Activity: Q1 2014 in Review
92 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Navios Maritime Partners (NMM) for Q1 2014, worth a combined $442M — up 38% from $319M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NMM and 12 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 25 added.
The largest buyer was Invesco, adding an estimated $46.8M. The largest seller was Index Management Solutions, cutting an estimated $2.64M.
- 92 institutional investors held Navios Maritime Partners (NMM) as of Q1 2014, down from 100 in Q4 2013.
- Funds reported $442M of Navios Maritime Partners stock for Q1 2014, up 38% quarter-over-quarter.
- 12 funds opened new Navios Maritime Partners positions in Q1 2014 and 19 closed out, a net change of -7 holders.
- The largest Navios Maritime Partners buyer in Q1 2014 was Invesco, an estimated $46.8M added.
- The largest Navios Maritime Partners seller in Q1 2014 was Index Management Solutions, an estimated $2.64M sold.
Based on aggregated 13F filings for Q1 2014.