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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.

New
Increased
Maintained
Reduced
Closed

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: 89100 (+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: 22 (0)

Holders
100
Holders Change
+11
Holders Change %
+12.36%
% of All Funds
2.9%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
24
Increased
37
Reduced
23
Closed
12
Calls
$6.13M
Puts
$4.91M
Net Calls
+$1.22M
Net Calls Change
+$2.76M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$44.8M -$1.89M -7,697 -5%
Goldman Sachs
2
Goldman Sachs
New York
$26M +$14.2M +57,809 +175%
KACA
3
Kayne Anderson Capital Advisors
California
$25M -$23.5M -95,592 -52%
JP Morgan Chase
4
JP Morgan Chase
New York
$24.1M +$741K +3,020 +4%
Bank of America
5
Bank of America
North Carolina
$21.2M +$754K +3,073 +4%
U
6
UBS
Switzerland
$19.6M +$686K +2,798 +4%
Morgan Stanley
7
Morgan Stanley
New York
$17.4M -$2.19M -8,924 -13%
IMS
8
Index Management Solutions
Pennsylvania
$16.2M +$900K +3,669 +7%
NIM
9
NXG Investment Management
Texas
$10.5M +$4.92M +20,066 +120%
ACM
10
Advisors Capital Management
New Jersey
$10.3M +$733K +2,989 +9%
First Trust Advisors
11
First Trust Advisors
Illinois
$7.66M +$6.55M +26,698 New
PH
12
Pinnacle Holdings
Oklahoma
$7.01M -$4.12M -16,810 -41%
BTS
13
BB&T Securities
Virginia
$6.03M +$38.3K +156 +8%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$5.47M
SCA
15
Salient Capital Advisors
Texas
$4.95M -$6.36M -25,931 -60%
TFMS
16
Trust & Fiduciary Management Services
Massachusetts
$4.92M +$232K +947 +6%
1IC
17
1919 Investment Counsel
Maryland
$4.84M
GC
18
Guggenheim Capital
Illinois
$4.51M +$1.83M +7,444 +90%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$4.1M +$1.43M +5,832 +69%
Wells Fargo
20
Wells Fargo
California
$3.56M +$2.2M +8,965 +259%
Two Sigma Investments
21
Two Sigma Investments
New York
$3.53M -$1.13M -4,608 -27%
PTCG
22
Pring Turner Capital Group
California
$3.48M +$2.98M +12,139 New
SLG
23
Stanley-Laman Group
Pennsylvania
$3.42M +$2.92M +11,921 New
CS
24
Credit Suisse
Switzerland
$2.43M +$1.2M +4,888 +137%
MPM
25
Meritage Portfolio Management
Kansas
$2.4M +$2.06M +8,384 New

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.