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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.

New
Increased
Maintained
Reduced
Closed

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: 23 (+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: 10092 (-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

Holders
92
Holders Change
-8
Holders Change %
-8%
% of All Funds
2.66%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
12
Increased
25
Reduced
38
Closed
19
Calls
$11.4M
Puts
$3.04M
Net Calls
+$8.33M
Net Calls Change
+$7.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$49.9M +$46.8M +170,653 +254,706%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$43.7M -$1.9M -6,934 -4%
NIM
3
NXG Investment Management
Texas
$43.1M +$30.3M +110,667 +301%
Goldman Sachs
4
Goldman Sachs
New York
$38.4M +$11.1M +40,381 +44%
JP Morgan Chase
5
JP Morgan Chase
New York
$26.7M +$1.96M +7,135 +8%
KACA
6
Kayne Anderson Capital Advisors
California
$24.6M -$769K -2,805 -3%
SCA
7
Salient Capital Advisors
Texas
$24.6M +$18.3M +66,891 +388%
U
8
UBS
Switzerland
$21.1M +$1.01M +3,677 +5%
Bank of America
9
Bank of America
North Carolina
$19.7M -$1.8M -6,554 -9%
Morgan Stanley
10
Morgan Stanley
New York
$15.8M -$1.86M -6,772 -11%
IMS
11
Index Management Solutions
Pennsylvania
$13.7M -$2.64M -9,638 -17%
ACM
12
Advisors Capital Management
New Jersey
$11.6M +$1.07M +3,900 +11%
First Trust Advisors
13
First Trust Advisors
Illinois
$7.08M -$680K -2,479 -9%
GC
14
Guggenheim Capital
Illinois
$6.43M +$1.72M +6,268 +40%
BTS
15
BB&T Securities
Virginia
$6.22M +$7.4K +27 +1%
CS
16
Credit Suisse
Switzerland
$6.15M +$3.45M +12,572 +149%
RP
17
Raiff Partners
New York
$6.04M +$5.67M +20,667 New
PH
18
Pinnacle Holdings
Oklahoma
$5.77M -$1.29M -4,710 -19%
TFMS
19
Trust & Fiduciary Management Services
Massachusetts
$5.66M +$606K +2,209 +13%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$5.16M
1IC
21
1919 Investment Counsel
Maryland
$4.93M
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$4.78M +$564K +2,058 +14%
PTCG
23
Pring Turner Capital Group
California
$3.5M -$41.9K -153 -1%
Wells Fargo
24
Wells Fargo
California
$3.4M -$218K -797 -6%
SLG
25
Stanley-Laman Group
Pennsylvania
$3.37M -$112K -410 -3%

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.