Natural Resource Partners
NRP
59 hedge funds and large institutions have $392M invested in Natural Resource Partners in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 5 closing their positions.
317% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $4M
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
18% more funds holding
Funds holding: 50 → 59 (+9)
5.61% less ownership
Funds ownership: 38.5% → 32.89% (-5.6%)
13% less capital invested
Capital invested by funds: $450M → $392M (-$58.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCI
L1 Capital International
Sydney NSW 2000,
Australia
|
+$13.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.43M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.97M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$1.94M |
| 5 |
CCA
Covey Capital Advisors
Atlanta,
Georgia
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$66.5M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$9.86M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$3.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.14M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$969K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $22.6K | +$22.8K | +246 | New |
|
|
SWM
52
Spire Wealth Management
Mclean,
Virginia
| $18.4K | – | – | – |
|
53
CIBC Private Wealth Group
Atlanta,
Georgia
| $18.3K | +$18.3K | +198 | New |
|
|
OLVIG
54
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| $6.44K | – | – | – |
|
|
NA
55
NewEdge Advisors
New Orleans,
Louisiana
| $6.07K | +$6.1K | +66 | New |
|
|
ST
56
Smithfield Trust
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
|
VL
57
Vima LLC
Troy,
Michigan
| $4.7K | – | – | – |
|
58
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | – | – | – |
|
|
AF
59
Allworth Financial
Folsom,
California
| $269 | – | – | – |
|
|
PHS
60
Pekin Hardy Strauss
Chicago,
Illinois
| – | -$472K | -5,100 | Closed |
|
61
BNP Paribas Financial Markets
Paris,
France
| – | -$446K | -4,823 | Closed |
|
|
WW
62
Waterfront Wealth
Overland Park,
Kansas
| – | -$321K | -3,466 | Closed |
|
63
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$302K | -3,259 | Closed |
|
|
RJA
64
Raymond James & Associates
St Petersburg,
Florida
| – | -$221K | -2,387 | Closed |
|
NRP Hedge Fund Activity: Q1 2024 in Review
59 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Natural Resource Partners (NRP) for Q1 2024, worth a combined $392M — down 13% from $450M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NRP positions and 5 closed out — a net gain of 9 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was L1 Capital International, opening a new position worth an estimated $13.9M. The largest seller was Morgan Stanley, cutting an estimated $66.5M.
- 59 institutional investors held Natural Resource Partners (NRP) as of Q1 2024, up from 50 in Q4 2023.
- Funds reported $392M of Natural Resource Partners stock for Q1 2024, down 13% quarter-over-quarter.
- 14 funds opened new Natural Resource Partners positions in Q1 2024 and 5 closed out, a net change of +9 holders.
- The largest Natural Resource Partners buyer in Q1 2024 was L1 Capital International, an estimated $13.9M added.
- The largest Natural Resource Partners seller in Q1 2024 was Morgan Stanley, an estimated $66.5M sold.
Based on aggregated 13F filings for Q1 2024.