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 |
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.