Western Refining Logistics, LP
WNRL
WNRL was delisted on the 30th of October, 2017.
36 hedge funds and large institutions have $438M invested in Western Refining Logistics, LP in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 9 closing their positions.
24% more capital invested
Capital invested by funds: $353M → $438M (+$85M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
3% more funds holding
Funds holding: 35 → 36 (+1)
14% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $2.02M
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.35M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$4.83M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.85M |
| 4 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$2.3M |
| 5 |
EWP
Edmunds White Partners
Richmond,
Virginia
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$29.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.95M |
| 3 |
JP Morgan Chase
New York
|
-$6.22M |
| 4 |
NC
NBW Capital
Boston,
Massachusetts
|
-$5.99M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$3.23M |
WNRL Hedge Fund Activity: Q1 2014 in Review
36 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Western Refining Logistics, LP (WNRL) for Q1 2014, worth a combined $438M — up 24% from $353M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new WNRL positions and 9 closed out — a net gain of 1 holder — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $7.35M. The largest seller was Invesco, exiting entirely with an estimated $29.2M sold.
- 36 institutional investors held Western Refining Logistics, LP (WNRL) as of Q1 2014, up from 35 in Q4 2013.
- Funds reported $438M of Western Refining Logistics, LP stock for Q1 2014, up 24% quarter-over-quarter.
- 10 funds opened new Western Refining Logistics, LP positions in Q1 2014 and 9 closed out, a net change of +1 holder.
- The largest Western Refining Logistics, LP buyer in Q1 2014 was Goldman Sachs, an estimated $7.35M added.
- The largest Western Refining Logistics, LP seller in Q1 2014 was Invesco, an estimated $29.2M sold.
Based on aggregated 13F filings for Q1 2014.