PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP
PNG
PNG was delisted on the 31st of December, 2013.
78 hedge funds and large institutions have $469M invested in PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more capital invested
Capital invested by funds: $338M → $469M (+$131M)
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
18% more funds holding
Funds holding: 66 → 78 (+12)
36% less call options, than puts
Call options by funds: $534K | Put options by funds: $835K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.5M |
| 2 |
O
OppenheimerFunds
New York
|
+$31.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$23M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$19.1M |
| 5 |
Citigroup
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$26.8M |
| 2 |
JP Morgan Chase
New York
|
-$15.5M |
| 3 |
Neuberger Berman Group
New York
|
-$12.2M |
| 4 |
First Eagle Investment Management
New York
|
-$9.7M |
| 5 |
FNF
Fidelity National Financial
Jacksonville,
Florida
|
-$4.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
76
Elite Wealth Management
Kirkland,
Washington
| $4K | +$4.2K | +192 | New |
|
|
OFG
77
OTA Financial Group
Purchase,
New York
| $476 | +$448K | +20,445 | New |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $39 | +$5.69K | +260 | +18% |
|
|
FNF
79
Fidelity National Financial
Jacksonville,
Florida
| – | -$4.49M | -213,500 | Closed |
|
|
ECM
80
Evergreen Capital Management
Bellevue,
Washington
| – | -$2.35M | -111,670 | Closed |
|
81
Cohen & Steers
New York
| – | -$1.17M | -55,505 | Closed |
|
82
Northern Trust
Chicago,
Illinois
| – | -$786K | -37,318 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$54K | -2,590 | Closed |
|
84
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$15K | -700 | Closed |
|
|
SSG
85
Summit Securities Group
New York
| – | -$2K | -74 | Closed |
|
PNG Hedge Fund Activity: Q3 2013 in Review
78 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP (PNG) for Q3 2013, worth a combined $469M — up 39% from $338M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PNG positions and 7 closed out — a net gain of 14 holders — while 23 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $35.5M. The largest seller was Janus Henderson Investors US, cutting an estimated $26.8M.
- 78 institutional investors held PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP (PNG) as of Q3 2013, up from 66 in Q2 2013.
- Funds reported $469M of PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP stock for Q3 2013, up 39% quarter-over-quarter.
- 21 funds opened new PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP positions in Q3 2013 and 7 closed out, a net change of +14 holders.
- The largest PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP buyer in Q3 2013 was Morgan Stanley, an estimated $35.5M added.
- The largest PAA NATURAL GAS STORAGE, L.P. COM UNIT LTD PARTNERSHIP seller in Q3 2013 was Janus Henderson Investors US, an estimated $26.8M sold.
Based on aggregated 13F filings for Q3 2013.