NuStar Energy L.P.
NS was delisted on the 2nd of May, 2024.
185 hedge funds and large institutions have $2.17B invested in NuStar Energy L.P. in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 59 increasing their positions, 49 reducing their positions, and 23 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 49
5% less funds holding
Funds holding: 195 → 185 (-10)
11% less call options, than puts
Call options by funds: $6.48M | Put options by funds: $7.32M
12% less capital invested
Capital invested by funds: $2.46B → $2.17B (-$290M)
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$27.5M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$21.6M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$12.2M |
| 4 |
JP Morgan Chase
New York
|
+$10.5M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$21.7M |
| 2 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$15.9M |
| 3 |
Goldman Sachs
New York
|
-$12.7M |
| 4 |
ClearBridge Investments
New York
|
-$10.3M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$5.1M |
NS Hedge Fund Activity: Q3 2017 in Review
185 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NuStar Energy L.P. (NS) for Q3 2017, worth a combined $2.17B — down 12% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NS and 15 opened new positions — a net loss of 8 holders — while 49 trimmed existing stakes and 59 added.
The largest buyer was ALPS Advisors, adding an estimated $27.5M. The largest seller was NXG Investment Management, cutting an estimated $21.7M.
- 185 institutional investors held NuStar Energy L.P. (NS) as of Q3 2017, down from 195 in Q2 2017.
- Funds reported $2.17B of NuStar Energy L.P. stock for Q3 2017, down 12% quarter-over-quarter.
- 15 funds opened new NuStar Energy L.P. positions in Q3 2017 and 23 closed out, a net change of -8 holders.
- The largest NuStar Energy L.P. buyer in Q3 2017 was ALPS Advisors, an estimated $27.5M added.
- The largest NuStar Energy L.P. seller in Q3 2017 was NXG Investment Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2017.