NuStar Energy L.P.
NS was delisted on the 2nd of May, 2024.
158 hedge funds and large institutions have $549M invested in NuStar Energy L.P. in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 33 closing their positions.
149% more call options, than puts
Call options by funds: $6.36M | Put options by funds: $2.56M
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
10% less funds holding
Funds holding: 175 → 158 (-17)
36% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 33
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
69% less capital invested
Capital invested by funds: $1.78B → $549M (-$1.23B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$22.2M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$21.3M |
| 3 |
JP Morgan Chase
New York
|
+$19.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.5M |
| 5 |
Cohen & Steers
New York
|
+$8.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$95.1M |
| 2 |
BPSG
Brookfield Public Securities Group
New York
|
-$32.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$30.4M |
| 4 |
ClearBridge Investments
New York
|
-$17.9M |
| 5 |
Neuberger Berman Group
New York
|
-$9.55M |
NS Hedge Fund Activity: Q1 2020 in Review
158 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in NuStar Energy L.P. (NS) for Q1 2020, worth a combined $549M — down 69% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of NS and 21 opened new positions — a net loss of 12 holders — while 45 trimmed existing stakes and 42 added.
The largest buyer was Eagle Global Advisors, opening a new position worth an estimated $22.2M. The largest seller was Tortoise Capital Advisors, cutting an estimated $95.1M.
- 158 institutional investors held NuStar Energy L.P. (NS) as of Q1 2020, down from 175 in Q4 2019.
- Funds reported $549M of NuStar Energy L.P. stock for Q1 2020, down 69% quarter-over-quarter.
- 21 funds opened new NuStar Energy L.P. positions in Q1 2020 and 33 closed out, a net change of -12 holders.
- The largest NuStar Energy L.P. buyer in Q1 2020 was Eagle Global Advisors, an estimated $22.2M added.
- The largest NuStar Energy L.P. seller in Q1 2020 was Tortoise Capital Advisors, an estimated $95.1M sold.
Based on aggregated 13F filings for Q1 2020.