Tufton vehicle Oceanic Investment Management has acquired around 1.05m shares in the master limited partnership (MLP) for a 7.97% stake.
It was not immediately clear from the filing whether Tufton Oceanic’s stake is entirely new, or just expanded from a previous holding in Hoegh LNG Partners.
This is because stock holdings smaller than 5% of all outstanding shares do not need to be publicly disclosed.
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