NuStar Energy L.P.
NS was delisted on the 2nd of May, 2024.
175 hedge funds and large institutions have $1.78B invested in NuStar Energy L.P. in 2019 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 36 increasing their positions, 46 reducing their positions, and 22 closing their positions.
55% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 22
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more funds holding
Funds holding: 163 → 175 (+12)
9% less capital invested
Capital invested by funds: $1.97B → $1.78B (-$185M)
22% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 46
35% less call options, than puts
Call options by funds: $7.45M | Put options by funds: $11.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$73.5M |
| 2 |
Morgan Stanley
New York
|
+$54.8M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$53.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.2M |
| 5 |
JP Morgan Chase
New York
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$184M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$39.8M |
| 3 |
Goldman Sachs
New York
|
-$34.2M |
| 4 |
BPSG
Brookfield Public Securities Group
New York
|
-$12.4M |
| 5 |
Neuberger Berman Group
New York
|
-$10.1M |
NS Hedge Fund Activity: Q4 2019 in Review
175 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NuStar Energy L.P. (NS) for Q4 2019, worth a combined $1.78B — down 9.4% from $1.97B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NS positions and 22 closed out — a net gain of 12 holders — while 36 added to existing stakes and 46 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $73.5M. The largest seller was Harvest Fund Advisors, cutting an estimated $184M.
- 175 institutional investors held NuStar Energy L.P. (NS) as of Q4 2019, up from 163 in Q3 2019.
- Funds reported $1.78B of NuStar Energy L.P. stock for Q4 2019, down 9.4% quarter-over-quarter.
- 34 funds opened new NuStar Energy L.P. positions in Q4 2019 and 22 closed out, a net change of +12 holders.
- The largest NuStar Energy L.P. buyer in Q4 2019 was Tortoise Capital Advisors, an estimated $73.5M added.
- The largest NuStar Energy L.P. seller in Q4 2019 was Harvest Fund Advisors, an estimated $184M sold.
Based on aggregated 13F filings for Q4 2019.