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Natural Resource Partners

62 hedge funds and large institutions have $490M invested in Natural Resource Partners in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

10% more capital invested

Capital invested by funds: $444M → $490M (+$46.5M)

7% more call options, than puts

Call options by funds: $9.28M | Put options by funds: $8.69M

2% less funds holding

Funds holding: 6362 (-1)

1.64% less ownership

Funds ownership: 35.86%34.22% (-1.6%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
62
Holders Change
-1
Holders Change %
-1.59%
% of All Funds
0.81%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.05%
New
10
Increased
23
Reduced
15
Closed
8
Calls
$9.28M
Puts
$8.69M
Net Calls
+$588K
Net Calls Change
-$841K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$92.5M -$6.55M -64,340 -7%
Goldman Sachs
2
Goldman Sachs
New York
$71.9M -$4.51M -44,298 -6%
Corient Private Wealth
3
Corient Private Wealth
Florida
$65.2M -$51.5K -506 -0.1%
P3I
4
Progeny 3 Inc
Washington
$32.8M +$1.02M +9,973 +3%
JP Morgan Chase
5
JP Morgan Chase
New York
$28.1M -$7.82M -76,791 -22%
AC
6
Annandale Capital
Texas
$27.4M +$2.66M +26,100 New
UBS Group
7
UBS Group
Switzerland
$22.6M +$1.23M +12,055 +6%
SW
8
Solidarity Wealth
Utah
$20.7M +$1.08M +10,652 +6%
OCP
9
Oakcliff Capital Partners
New York
$17.8M +$1.54M +15,127 +10%
IG
10
ING Group
Netherlands
$17.1M +$4.14M +40,700 +33%
EBSAM
11
Eubel Brady & Suttman Asset Management
Ohio
$12.3M
Citigroup
12
Citigroup
New York
$10.2M -$4.82M -47,393 -33%
MIM
13
Meixler Investment Management
Arizona
$8.19M +$1.07M +10,465 +16%
BAM
14
Ballast Asset Management
Texas
$7.97M -$582K -5,720 -7%
Bank of America
15
Bank of America
North Carolina
$5.63M +$101K +993 +2%
N
16
Natixis
France
$5.39M -$1.02M -10,000 -16%
GAM
17
Goldentree Asset Management
New York
$4.81M -$1.84M -18,031 -28%
MLIM
18
Mountain Lake Investment Management
Florida
$4.79M +$822K +8,072 +21%
Citadel Advisors
19
Citadel Advisors
Florida
$3.99M -$171K -1,684 -4%
EIP
20
Energy Income Partners
Connecticut
$3.54M +$151K +1,488 +5%
LPL Financial
21
LPL Financial
California
$3.48M +$168K +1,648 +5%
HKAM
22
Horizon Kinetics Asset Management
New York
$2.58M +$556K +5,457 +29%
PHS
23
Pekin Hardy Strauss
Illinois
$2.12M +$25.5K +250 +1%
First Trust Advisors
24
First Trust Advisors
Illinois
$1.91M -$245K -2,405 -12%
Jane Street
25
Jane Street
New York
$1.69M +$484K +4,754 +42%

NRP Hedge Fund Activity: Q3 2025 in Review

62 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Natural Resource Partners (NRP) for Q3 2025, worth a combined $490M — up 10% from $444M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NRP positions and 8 closed out — a net gain of 2 holders — while 23 added to existing stakes and 15 trimmed.

The largest buyer was ING Group, adding an estimated $4.14M. The largest seller was JP Morgan Chase, cutting an estimated $7.82M.

  • 62 institutional investors held Natural Resource Partners (NRP) as of Q3 2025, down from 63 in Q2 2025.
  • Funds reported $490M of Natural Resource Partners stock for Q3 2025, up 10% quarter-over-quarter.
  • 10 funds opened new Natural Resource Partners positions in Q3 2025 and 8 closed out, a net change of +2 holders.
  • The largest Natural Resource Partners buyer in Q3 2025 was ING Group, an estimated $4.14M added.
  • The largest Natural Resource Partners seller in Q3 2025 was JP Morgan Chase, an estimated $7.82M sold.

Based on aggregated 13F filings for Q3 2025.