NuStar Energy L.P.
NS was delisted on the 2nd of May, 2024.
147 hedge funds and large institutions have $1.5B invested in NuStar Energy L.P. in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 40 reducing their positions, and 12 closing their positions.
342% more call options, than puts
Call options by funds: $3.49M | Put options by funds: $791K
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more capital invested
Capital invested by funds: $1.39B → $1.5B (+$115M)
7% more funds holding
Funds holding: 138 → 147 (+9)
5% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$28.2M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$19.4M |
| 3 |
Blackstone Inc
New York
|
+$19.4M |
| 4 |
Neuberger Berman Group
New York
|
+$15.5M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$25.4M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$14.1M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$11.8M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$9.39M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$9.05M |
NS Hedge Fund Activity: Q4 2023 in Review
147 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in NuStar Energy L.P. (NS) for Q4 2023, worth a combined $1.5B — up 8.3% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NS positions and 12 closed out — a net gain of 10 holders — while 42 added to existing stakes and 40 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $28.2M. The largest seller was CIBC Private Wealth Group, cutting an estimated $25.4M.
- 147 institutional investors held NuStar Energy L.P. (NS) as of Q4 2023, up from 138 in Q3 2023.
- Funds reported $1.5B of NuStar Energy L.P. stock for Q4 2023, up 8.3% quarter-over-quarter.
- 22 funds opened new NuStar Energy L.P. positions in Q4 2023 and 12 closed out, a net change of +10 holders.
- The largest NuStar Energy L.P. buyer in Q4 2023 was JP Morgan Chase, an estimated $28.2M added.
- The largest NuStar Energy L.P. seller in Q4 2023 was CIBC Private Wealth Group, an estimated $25.4M sold.
Based on aggregated 13F filings for Q4 2023.