NuStar Energy L.P.
NS was delisted on the 2nd of May, 2024.
149 hedge funds and large institutions have $662M invested in NuStar Energy L.P. in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 20 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
3% less funds holding
Funds holding: 154 → 149 (-5)
16% less call options, than puts
Call options by funds: $939K | Put options by funds: $1.12M
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
26% less capital invested
Capital invested by funds: $896M → $662M (-$234M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$15.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$14.3M |
| 3 |
Morgan Stanley
New York
|
+$12.1M |
| 4 |
JP Morgan Chase
New York
|
+$10.8M |
| 5 |
Blackstone Inc
New York
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$21.7M |
| 2 |
ZP
Zimmer Partners
New York
|
-$11.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.61M |
| 4 |
Citigroup
New York
|
-$6.07M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$6.07M |
NS Hedge Fund Activity: Q3 2020 in Review
149 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in NuStar Energy L.P. (NS) for Q3 2020, worth a combined $662M — down 26% from $896M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NS and 15 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 43 added.
The largest buyer was Salient Capital Advisors, adding an estimated $15.4M. The largest seller was Bank of Montreal, cutting an estimated $21.7M.
- 149 institutional investors held NuStar Energy L.P. (NS) as of Q3 2020, down from 154 in Q2 2020.
- Funds reported $662M of NuStar Energy L.P. stock for Q3 2020, down 26% quarter-over-quarter.
- 15 funds opened new NuStar Energy L.P. positions in Q3 2020 and 20 closed out, a net change of -5 holders.
- The largest NuStar Energy L.P. buyer in Q3 2020 was Salient Capital Advisors, an estimated $15.4M added.
- The largest NuStar Energy L.P. seller in Q3 2020 was Bank of Montreal, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2020.