Natural Resource Partners
50 hedge funds and large institutions have $450M invested in Natural Resource Partners in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 22 reducing their positions, and 10 closing their positions.
283% more call options, than puts
Call options by funds: $9.07M | Put options by funds: $2.37M
30% more capital invested
Capital invested by funds: $347M → $450M (+$103M)
3.67% more ownership
Funds ownership: 34.83% → 38.5% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less funds holding
Funds holding: 57 → 50 (-7)
55% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 22
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$53.8M |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$2.33M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$1.02M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$802K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
-$4.06M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.79M |
| 3 |
Goldman Sachs
New York
|
-$2.12M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$1.91M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$642K | -8,378 | Closed |
|
|
SCM
52
Solas Capital Management
Darien,
Connecticut
| – | -$461K | -5,848 | Closed |
|
|
JF
53
Jump Financial
Chicago,
Illinois
| – | -$252K | -3,200 | Closed |
|
|
HF
54
HRT Financial
New York
| – | -$203K | -2,583 | Closed |
|
|
DWA
55
Dorsey Wright & Associates
Pasadena,
California
| – | -$67.2K | -852 | Closed |
|
56
Comerica Bank
Dallas,
Texas
| – | -$45.7K | -580 | Closed |
|
57
Barclays
London,
United Kingdom
| – | -$9.46K | -120 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$4.81K | -61 | Closed |
|
|
CCP
59
Carmel Capital Partners
San Diego,
California
| – | -$3.94K | -50 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | -$48 | -1 | Closed |
|
NRP Hedge Fund Activity: Q4 2023 in Review
50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Natural Resource Partners (NRP) for Q4 2023, worth a combined $450M — up 30% from $347M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NRP and 4 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $53.8M. The largest seller was Natixis, cutting an estimated $4.06M.
- 50 institutional investors held Natural Resource Partners (NRP) as of Q4 2023, down from 57 in Q3 2023.
- Funds reported $450M of Natural Resource Partners stock for Q4 2023, up 30% quarter-over-quarter.
- 4 funds opened new Natural Resource Partners positions in Q4 2023 and 10 closed out, a net change of -6 holders.
- The largest Natural Resource Partners buyer in Q4 2023 was Morgan Stanley, an estimated $53.8M added.
- The largest Natural Resource Partners seller in Q4 2023 was Natixis, an estimated $4.06M sold.
Based on aggregated 13F filings for Q4 2023.