Natural Resource Partners
NRP
70 hedge funds and large institutions have $570M invested in Natural Resource Partners in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
16% more capital invested
Capital invested by funds: $490M → $570M (+$79.8M)
13% more funds holding
Funds holding: 62 → 70 (+8)
7.96% more ownership
Funds ownership: 34.22% → 42.17% (+8%)
26% less call options, than puts
Call options by funds: $3.81M | Put options by funds: $5.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$64.8M |
| 2 |
Morgan Stanley
New York
|
+$13.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.29M |
| 4 |
Goldman Sachs
New York
|
+$6.61M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$10.8M |
| 2 |
OCP
Oakcliff Capital Partners
New York
|
-$4.35M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$3.54M |
| 4 |
Citigroup
New York
|
-$2.51M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.95M |
NRP Hedge Fund Activity: Q4 2025 in Review
70 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Natural Resource Partners (NRP) for Q4 2025, worth a combined $570M — up 16% from $490M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NRP positions and 6 closed out — a net gain of 9 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Corient Private Wealth, adding an estimated $64.8M. The largest seller was JP Morgan Chase, cutting an estimated $10.8M.
- 70 institutional investors held Natural Resource Partners (NRP) as of Q4 2025, up from 62 in Q3 2025.
- Funds reported $570M of Natural Resource Partners stock for Q4 2025, up 16% quarter-over-quarter.
- 15 funds opened new Natural Resource Partners positions in Q4 2025 and 6 closed out, a net change of +9 holders.
- The largest Natural Resource Partners buyer in Q4 2025 was Corient Private Wealth, an estimated $64.8M added.
- The largest Natural Resource Partners seller in Q4 2025 was JP Morgan Chase, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2025.