Vault-13

NUSTAR ENERGY LP NS

UNIT COM · MLP · CUSIP 67058H102

133 institutional holders +1 vs Q1 2023
62,571,58062.6m shares reported held*
$1.1bnreported value*
15 new 36 added 29 reduced 17 sold out net bought ≈ $6.5m (+377.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.14. Options: 7 managers hold calls ($13.1m notional), 5 hold puts ($1.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 135Q4 22: 139Q1 23: 132Q2 23: 133133Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022135
Q4 2022139
Q1 2023132
Q2 2023133

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 53 bought or addedQ4 22: 50 cut or sold outQ4 22Q1 23: 45 bought or addedQ1 23: 48 cut or sold outQ1 23Q2 23: 51 bought or addedQ2 23: 46 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225350
Q1 20234548
Q2 20235146

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 22 calls: $5.2mQ3 22 puts: $1.0mQ3 22P/C 0.20Q4 22 calls: $6.3mQ4 22 puts: $934.2kQ4 22P/C 0.15Q1 23 calls: $5.0mQ1 23 puts: $1.4mQ1 23P/C 0.29Q2 23 calls: $13.1mQ2 23 puts: $1.5mQ2 23P/C 0.11
Numbers
QuarterCallsPutsP/C
Q3 2022$5.2m$1.0m0.20
Q4 2022$6.3m$934.2k0.15
Q1 2023$5.0m$1.4m0.29
Q2 2023$13.1m$1.5m0.11

Biggest buyers

Brookfield Corp /ON/ New +577,384+577.4k
ALPS ADVISORS INC Added +290,418+290.4k
Fractal Investments LLC Added +176,616+176.6k
Houlihan Financial Resource Group, Ltd. New +151,128+151.1k
BNP PARIBAS FINANCIAL MARKETS Added +116,347+116.3k
JANE STREET GROUP, LLC Added +99,470+99.5k
COHEN & STEERS, INC. New +99,167+99.2k
EXCHANGE TRADED CONCEPTS, LLC New +92,912+92.9k
Blackstone Inc. Added +87,608+87.6k
Clearbridge Investments, LLC Added +83,396+83.4k

Biggest sellers

Invesco Ltd. Reduced -405,449-405.4k
GOLDMAN SACHS GROUP INC Reduced -395,509-395.5k
BARCLAYS PLC Reduced -206,924-206.9k
UBS Group AG Reduced -176,502-176.5k
BANK OF AMERICA CORP /DE/ Reduced -169,054-169.1k
MORGAN STANLEY Reduced -125,420-125.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -56,924-56.9k
GSA CAPITAL PARTNERS LLP Sold out -55,833-55.8k
FIRST TRUST ADVISORS LP Reduced -49,645-49.6k
Avidian Wealth Enterprises, LLC Sold out -39,081-39.1k

Biggest calls

GROUP ONE TRADING LLC Added $6.5m376.6k shares
CITADEL ADVISORS LLC Added $2.9m169.7k shares
SIMPLEX TRADING, LLC Added $1.9m109.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m75.2k shares
JANE STREET GROUP, LLC Reduced $308.5k18.0k shares
Fortitude Advisory Group L.L.C. Unchanged $278.1k17.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m68.9k shares
CITADEL ADVISORS LLC Added $144.0k8.4k shares
GROUP ONE TRADING LLC Added $82.3k4.8k shares
SIMPLEX TRADING, LLC Reduced $54.0k3.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Invesco Ltd. 0.09% of their portfolio ATLANTA, GA 20,372,39120.4m $349.2m $349.2m 0.09% Reduced -405.4k -405,449
2 ALPS ADVISORS INC 2.27% of their portfolio Denver, CO 15,279,07415.3m $261.9m $261.9m 2.27% Added +290.4k +290,418
3 Mirae Asset Global Investments Co., Ltd. 0.15% of their portfolio SEOUL, M5 3,992,9134.0m $68.4m $68.4m 0.15% Added +59.8k +59,804
4 TORTOISE CAPITAL ADVISORS, L.L.C. 1.02% of their portfolio OVERLAND PARK, KS 3,912,4613.9m $67.1m $67.1m 1.02% Reduced -3.8k -3,842
5 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,293,2282.3m $39.3m $39.3m 0.01% Reduced -395.5k -395,509
6 INFRASTRUCTURE CAPITAL ADVISORS, LLC 5.16% of their portfolio New York, NY 2,048,3192.0m $35.1m $35.1m 5.16% Added +21.4k +21,404
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,764,4011.8m $30.2m $30.2m 0.00% Added +11.6k +11,631
8 Clearbridge Investments, LLC 0.02% of their portfolio NEW YORK, NY 1,458,0761.5m $25.0m $25.0m 0.02% Added +83.4k +83,396
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,261,4101.3m $21.6m $21.6m 0.01% Reduced -176.5k -176,502
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 957,056957.1k $16.4m $16.4m 0.00% Reduced -125.4k -125,420
11 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 926,532926.5k $15.9m $15.9m 0.01% Reduced -8.6k -8,588
12 Adams Asset Advisors, LLC 1.57% of their portfolio DALLAS, TX 626,647626.6k $10.7m $10.7m 1.57% Unchanged
13 Brookfield Corp /ON/ 0.04% of their portfolio TORONTO, A6 577,384577.4k $9.9m $9.9m 0.04% New
14 Blackstone Inc. 0.04% of their portfolio NEW YORK, NY 552,195552.2k $9.5m $9.5m 0.04% Added +87.6k +87,608
15 Fractal Investments LLC 1.85% of their portfolio Glastonbury, CT 483,437483.4k $8.3m $8.3m 1.85% Added +176.6k +176,616
16 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 460,875460.9k $7.9m $7.9m 0.01% Reduced -206.9k -206,924
17 Kercheville Advisors, LLC 4.00% of their portfolio San Antonio, TX 385,516385.5k $6.6m $6.6m 4.00% Added +6 +6
18 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.63% of their portfolio DALLAS, TX 382,609382.6k $6.6m $6.6m 0.63% Added +35.0k +35,015
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 358,463358.5k $6.1m $6.1m 0.00% Reduced -169.1k -169,054
20 Catalyst Capital Advisors LLC 0.14% of their portfolio San Juan, PR 280,821280.8k $4.8m $4.8m 0.14% Unchanged
21 NATIXIS 0.04% of their portfolio PARIS, I0 279,100279.1k $4.8m $4.8m 0.04% Unchanged
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 261,089261.1k $4.5m $4.5m 0.00% Added +3.1k +3,136
23 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 217,442217.4k $3.7m $3.7m 0.00% Reduced -49.6k -49,645
24 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 180,236180.2k $3.1m $3.1m 0.01% Added +10.3k +10,339
25 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 175,970176.0k $3.0m $3.0m 0.01% Added +116.3k +116,347
26 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 152,093152.1k $2.6m $2.6m 0.00% Added +99.5k +99,470
27 Houlihan Financial Resource Group, Ltd. 0.08% of their portfolio ASHBURN, VA 151,128151.1k $2.5m $2.5m 0.08% New
28 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 143,382143.4k $2.5m $2.5m 0.01% Added +1.0k +1,011
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 138,042138.0k $2.4m $2.4m 0.00% Added +11.5k +11,478
30 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 137,139137.1k $2.4m $2.4m 0.00% Added +7.4k +7,439
31 Sovereign Investment Advisors, LLC 0.70% of their portfolio PHOENIX, AZ 108,805108.8k $1.9m $1.9m 0.70% Unchanged
32 Advisors Asset Management, Inc. 0.04% of their portfolio Monument, CO 106,543106.5k $1.8m $1.8m 0.04% Added +5.5k +5,533
33 Maryland State Retirement & Pension System 0.04% of their portfolio BALTIMORE, MD 104,251104.3k $1.8m $1.8m 0.04% Added +3.7k +3,680
34 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 99,16799.2k $1.7m $1.7m 0.00% New
35 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 95,32895.3k $1.6m $1.6m 0.00% Reduced -12.5k -12,500
36 EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio Oklahoma City, OK 92,91292.9k $1.6m $1.6m 0.04% New
37 Tortoise Index Solutions, LLC 0.32% of their portfolio OVERLAND PARK, KS 92,91292.9k $1.6m $1.6m 0.32% Reduced -9.9k -9,899
38 U.S. Capital Wealth Advisors, LLC 0.07% of their portfolio AUSTIN, TX 85,50085.5k $1.5m $1.5m 0.07% Unchanged
39 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 82,79482.8k $1.4m $1.4m 0.01% Added +37.9k +37,904
40 Jump Financial, LLC 0.05% of their portfolio Chicago, IL 71,70071.7k $1.2m $1.2m 0.05% Added +21.7k +21,700
41 Texas Yale Capital Corp. 0.06% of their portfolio ST. PETERSBURG, FL 69,14169.1k $1.2m $1.2m 0.06% Reduced -4.0k -3,996
42 ICON ADVISERS INC/CO 0.30% of their portfolio GREENWOOD VILLAGE, CO 69,00069.0k $1.2m $1.2m 0.30% New
43 Sendero Wealth Management, LLC 0.25% of their portfolio SAN ANTONIO, TX 66,45066.5k $1.1m $1.1m 0.25% New
44 DIVIDEND ASSETS CAPITAL, LLC 0.22% of their portfolio Ridgeland, SC 63,13663.1k $1.1m $1.1m 0.22% Added +59.0k +58,996
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,00655.0k $943.0k $943.0k 0.00% Added +8.1k +8,113
46 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 52,58252.6k $901.2k $901.2k 0.00% Reduced -351 -351
47 SL ADVISORS, LLC 1.97% of their portfolio NAPLES, FL 51,11451.1k $876.1k $876.1k 1.97% Added +2.4k +2,423
48 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 50,17450.2k $860.0k $860.0k 0.00% Unchanged
49 Gilman Hill Asset Management, LLC 0.15% of their portfolio NEW CANAAN, CT 46,70046.7k $800.4k $800.4k 0.15% Unchanged
50 Mariner, LLC 0.00% of their portfolio Overland Park, KS 45,55345.6k $780.8k $780.8k 0.00% Reduced -1.2k -1,244
51 CASTLEARK MANAGEMENT LLC 0.03% of their portfolio CHICAGO, IL 40,65040.6k $696.7k $696.7k 0.03% New
52 ING GROEP NV 0.01% of their portfolio AMSTERDAM, P7 39,00039.0k $668.5k $668.5k 0.01% Reduced -35.0k -35,000
53 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 38,54438.5k $661.0k $661.0k 0.01% Reduced -30.2k -30,170
54 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.09% of their portfolio Fort Collins, CO 33,84633.8k $580.1k $580.1k 0.09% Unchanged
55 Oxbow Advisors, LLC 0.09% of their portfolio Austin, TX 33,78333.8k $579.0k $579.0k 0.09% Added +3.4k +3,390
56 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 31,28131.3k $536.2k $536.2k 0.00% Reduced -165 -165
57 Crumly & Associates Inc. 0.20% of their portfolio SPRINGFIELD, IL 29,28529.3k $501.9k $501.9k 0.20% Reduced -939 -939
58 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 29,13129.1k $499.3k $499.3k 0.00% Reduced -7.3k -7,345
59 Elliott Investment Management L.P. 0.01% of their portfolio WEST PALM BEACH, FL 28,40028.4k $486.8k $486.8k 0.01% New
60 Linscomb Wealth, Inc. 0.03% of their portfolio Houston, TX 27,54027.5k $472.0k $472.0k 0.03% Unchanged
61 BlackRock Inc. 0.00% of their portfolio New York, NY 25,68725.7k $440.3k $440.3k 0.00% Added +3.3k +3,327
62 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 24,99025.0k $428.3k $428.3k 0.00% Reduced -376 -376
63 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 23,74923.7k $407.1k $407.1k 0.00% First filing
64 BOKF, NA 0.01% of their portfolio TULSA, OK 22,27122.3k $381.7k $381.7k 0.01% Unchanged
65 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 21,59021.6k $370.1k $370.1k 0.02% Reduced -2.0k -2,046
66 STEEL GROVE CAPITAL ADVISORS, LLC 0.05% of their portfolio MEMPHIS, TN 21,45821.5k $367.8k $367.8k 0.05% Reduced -131 -131
67 Cohen Capital Management, Inc. 0.07% of their portfolio CORTE MADERA, CA 20,52720.5k $351.8k $351.8k 0.07% Unchanged
68 KAYNE ANDERSON CAPITAL ADVISORS LP 0.01% of their portfolio LOS ANGELES, CA 19,20019.2k $329.1k $329.1k 0.01% Unchanged
69 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 19,06019.1k $405.4k $405.4k 0.01% Added +10.7k +10,661
70 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 17,61317.6k $301.9k $301.9k 0.00% Unchanged
71 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 16,96617.0k $290.8k $290.8k 0.00% Reduced -776 -776
72 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 16,86516.9k $289.0k $289.0k 0.00% Added +279 +279
73 F&V Capital Management, LLC 0.08% of their portfolio BOCA RATON, FL 14,60014.6k $250.0k $250.0k 0.08% Unchanged
74 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 13,94313.9k $239.0k $239.0k 0.01% Added +749 +749
75 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 13,84013.8k $216.5k $216.5k 0.00% Unchanged
76 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 13,45013.4k $230.5k $230.5k 0.00% Unchanged
77 Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 12,70512.7k $217.8k $217.8k 0.02% Unchanged
78 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 12,66912.7k $217.1k $217.1k 0.00% Reduced -922 -922
79 Whitener Capital Management, Inc. 0.08% of their portfolio Rocky Mount, NC 12,40012.4k $212.5k $212.5k 0.08% Unchanged
80 BASSO CAPITAL MANAGEMENT, L.P. 0.23% of their portfolio STAMFORD, CT 12,20012.2k $209.1k $209.1k 0.23% Unchanged
81 Curi Capital, LLC 0.01% of their portfolio CHICAGO, IL 12,10212.1k $207.4k $207.4k 0.01% Unchanged
82 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 11,80311.8k $202.0k $202.0k 0.00% New
83 Advisors Capital Management, LLC 0.00% of their portfolio RIDGEWOOD, NJ 11,45011.4k $196.0k $196.0k 0.00% Unchanged
84 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,31411.3k $194.0k $194.0k 0.00% New
85 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 11,16411.2k $191.4k $191.4k 0.00% Reduced -2.0k -2,000
86 Liberty Capital Management, Inc. 0.06% of their portfolio BIRMINGHAM, MI 10,96211.0k $187.9k $187.9k 0.06% Unchanged
87 Penn Mutual Asset Management 0.17% of their portfolio Conshohocken, PA 10,70010.7k $183.4k $183.4k 0.17% Unchanged
88 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 10,16910.2k $174.3k $174.3k 0.00% Reduced -29.3k -29,274
89 AMERICAN FINANCIAL GROUP INC 0.05% of their portfolio CINCINNATI, OH 10,00010.0k $171.0k $171.0k 0.05% Unchanged
90 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 8,4988.5k $146.0k $146.0k 0.00% Added +978 +978
91 Pacer Advisors, Inc. 0.00% of their portfolio Malvern, PA 8,4098.4k $144.1k $144.1k 0.00% Reduced -9.3k -9,254
92 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,2526.3k $107.2k $107.2k 0.00% Added +695 +695
93 RESOURCES MANAGEMENT CORP /CT/ /ADV 0.02% of their portfolio WEST HARTFORD, CT 6,2256.2k $107.0k $107.0k 0.02% Added +6.0k +5,975
94 Impact Partnership Wealth, LLC 0.03% of their portfolio MARIETTA, GA 5,0695.1k $86.9k $86.9k 0.03% First filing
95 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4,0204.0k $68.9k $68.9k 0.00% Added +4.0k +3,963
96 Lee Financial Co 0.01% of their portfolio Dallas, TX 3,0993.1k $53.1k $53.1k 0.01% Unchanged
97 Parkside Financial Bank & Trust 0.01% of their portfolio SAINT LOUIS, MO 2,9603.0k $50.7k $50.7k 0.01% Unchanged
98 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 2,4002.4k $41.0k $41.0k 0.00% Unchanged
99 BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio Marion, MA 2,1502.1k $36.9k $36.9k 0.00% Unchanged
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,9592.0k $33.6k $33.6k 0.00% Reduced -180 -180