Bank of Montreal’s Energy Transfer Partners L.p. ETP Stock Holding History

Bank of Montreal’s Portfolio ETP Stock Details ETP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-8,162,414	Closed	-$298M	–	4467
2017 Q1	$298M	Sell	8,162,414 -2,427,935	-23%	-$90.3M	0.28%	77
2016 Q4	$372M	Buy	10,590,349 +2,388,981	+29%	+$85.2M	0.39%	44
2016 Q3	$303M	Sell	8,201,368 -285,461	-3%	-$11.2M	0.33%	55
2016 Q2	$323M	Buy	8,486,829 +1,193,587	+16%	+$42.7M	0.37%	50
2016 Q1	$236M	Buy	7,293,242 +1,514,093	+26%	+$42.2M	0.25%	71
2015 Q4	$195M	Buy	5,779,149 +1,880,111	+48%	+$73.8M	0.23%	86
2015 Q3	$160M	Buy	3,899,038 +3,131,119	+408%	+$152M	0.22%	97
2015 Q2	$40.1M	Buy	767,919 +447,452	+140%	+$25M	0.05%	329
2015 Q1	$17.9M	Sell	320,467 -256,340	-44%	-$15.2M	0.02%	554
2014 Q4	$37.5M	Buy	576,807 +416,428	+260%	+$26.6M	0.04%	332
2014 Q3	$10.3M	Buy	160,379 +122,846	+327%	+$7.1M	0.01%	792
2014 Q2	$2.18M	Buy	37,533 +3,757	+11%	+$211K	﹤0.01%	1430
2014 Q1	$1.82M	Buy	33,776 +1,845	+6%	+$100K	﹤0.01%	1372
2013 Q4	$1.83M	Buy	31,931 +3,245	+11%	+$172K	﹤0.01%	1220
2013 Q3	$1.49M	Sell	28,686 -3,923	-12%	-$202K	﹤0.01%	1275
2013 Q2	$1.65M	Buy	+32,609	New	+$1.61M	﹤0.01%	1183

Other funds holding ETP

TCA

Tortoise Capital Advisors Overland Park, Kansas $9.6B AUM 19.53% 1-Year Est. Return

HHAM

HITE Hedge Asset Management Braintree, Massachusetts $1.77B AUM 38.67% 1-Year Est. Return

AAA

Adams Asset Advisors Dallas, Texas $882M AUM 42% 1-Year Est. Return

NCM

Novare Capital Management Charlotte, North Carolina $1.41B AUM 25.38% 1-Year Est. Return

WPEP

Walnut Private Equity Partners Omaha, Nebraska $185M AUM 6.42% 1-Year Est. Return

UIC

Uniplan Investment Counsel Milwaukee, Wisconsin $974M AUM 21.37% 1-Year Est. Return

GIM

Grassi Investment Management Santa Clara, California $1.26B AUM 23.4% 1-Year Est. Return

CPIG

Chicago Partners Investment Group Chicago, Illinois $5B AUM 26.84% 1-Year Est. Return

CCM

Cohen Capital Management Corte Madera, California $735M AUM 36.88% 1-Year Est. Return

CIA

Capital Investment Advisors Atlanta, Georgia $7.59B AUM 23.38% 1-Year Est. Return

Bank of Montreal's ETP Position: Q2 2017 in Review

Bank of Montreal sold out of Energy Transfer Partners L.p. (ETP) in Q2 2017, closing a stake of 8,162,414 shares — an estimated $298M sold.

Bank of Montreal first reported a position in ETP in Q2 2013 and held it in 16 quarters. The position peaked at $372M in Q4 2016. 40 funds tracked by Wall St. Rank hold ETP as of Q2 2017.

Bank of Montreal reported no remaining Energy Transfer Partners L.p. position as of Q2 2017 after selling out during the quarter.
Bank of Montreal sold 8,162,414 Energy Transfer Partners L.p. shares in Q2 2017, an estimated $298M.
Bank of Montreal first reported a position in Energy Transfer Partners L.p. in Q2 2013 and held it in 16 quarters.
Bank of Montreal's Energy Transfer Partners L.p. position peaked at $372M in Q4 2016.
40 funds tracked by Wall St. Rank held Energy Transfer Partners L.p. as of Q2 2017.

Based on Bank of Montreal's 13F filing for Q2 2017, filed 11 Jul 2017.