NuStar Energy L.P.
NS was delisted on the 2nd of May, 2024.
163 hedge funds and large institutions have $1.97B invested in NuStar Energy L.P. in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $11.3M
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
6% more capital invested
Capital invested by funds: $1.85B → $1.97B (+$120M)
2% more funds holding
Funds holding: 160 → 163 (+3)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$90.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$58.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$23.2M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$6.86M |
| 5 |
JP Morgan Chase
New York
|
+$5.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$164M |
| 2 |
Goldman Sachs
New York
|
-$15.8M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$7.89M |
| 4 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$7.82M |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$7.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SL
176
Salomon & Ludwin
Richmond,
Virginia
| – | -$14K | -511 | Closed |
|
|
RFM
177
Royal Fund Management
Lady Lake,
Florida
| – | -$10K | -400 | Closed |
|
|
SMFS
178
Squar Milner Financial Services
Irvine,
California
| – | -$9K | -345 | Closed |
|
|
PCMK
179
Paragon Capital Management (Kansas)
Overland Park,
Kansas
| – | -$6K | -226 | Closed |
|
|
AC
180
Avestar Capital
New York
| – | -$4K | -212 | Closed |
|
|
HNB
181
Huntington National Bank
Columbus,
Ohio
| – | -$6K | -204 | Closed |
|
182
Fidelity Investments
Boston,
Massachusetts
| – | +$28 | +1 | New |
|
NS Hedge Fund Activity: Q3 2019 in Review
163 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NuStar Energy L.P. (NS) for Q3 2019, worth a combined $1.97B — up 6.5% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NS positions and 19 closed out — a net gain of 3 holders — while 39 added to existing stakes and 43 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $90.4M. The largest seller was Brookfield Corp, exiting entirely with an estimated $164M sold.
- 163 institutional investors held NuStar Energy L.P. (NS) as of Q3 2019, up from 160 in Q2 2019.
- Funds reported $1.97B of NuStar Energy L.P. stock for Q3 2019, up 6.5% quarter-over-quarter.
- 22 funds opened new NuStar Energy L.P. positions in Q3 2019 and 19 closed out, a net change of +3 holders.
- The largest NuStar Energy L.P. buyer in Q3 2019 was ALPS Advisors, an estimated $90.4M added.
- The largest NuStar Energy L.P. seller in Q3 2019 was Brookfield Corp, an estimated $164M sold.
Based on aggregated 13F filings for Q3 2019.