Western Refining Logistics, LP
WNRL
WNRL was delisted on the 30th of October, 2017.
47 hedge funds and large institutions have $308M invested in Western Refining Logistics, LP in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
1.06% less ownership
Funds ownership: 55.18% → 54.12% (-1.1%)
7% less capital invested
Capital invested by funds: $330M → $308M (-$21.5M)
13% less funds holding
Funds holding: 54 → 47 (-7)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
90% less call options, than puts
Call options by funds: $499K | Put options by funds: $5.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TPH Asset Management
Houston,
Texas
|
+$7.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.91M |
| 3 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$2.02M |
| 4 |
Bank of New York Mellon
New York
|
+$984K |
| 5 |
Jennison Associates
New York
|
+$882K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$7.53M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$4.46M |
| 3 |
Goldman Sachs
New York
|
-$3.39M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$2.82M |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.88M |
WNRL Hedge Fund Activity: Q1 2016 in Review
47 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Western Refining Logistics, LP (WNRL) for Q1 2016, worth a combined $308M — down 6.5% from $330M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of WNRL and 5 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was TPH Asset Management, adding an estimated $7.29M. The largest seller was HITE Hedge Asset Management, exiting entirely with an estimated $7.53M sold.
- 47 institutional investors held Western Refining Logistics, LP (WNRL) as of Q1 2016, down from 54 in Q4 2015.
- Funds reported $308M of Western Refining Logistics, LP stock for Q1 2016, down 6.5% quarter-over-quarter.
- 5 funds opened new Western Refining Logistics, LP positions in Q1 2016 and 12 closed out, a net change of -7 holders.
- The largest Western Refining Logistics, LP buyer in Q1 2016 was TPH Asset Management, an estimated $7.29M added.
- The largest Western Refining Logistics, LP seller in Q1 2016 was HITE Hedge Asset Management, an estimated $7.53M sold.
Based on aggregated 13F filings for Q1 2016.