Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
369 hedge funds and large institutions have $4.98B invested in Buckeye Partners, L.P. in 2017 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 80 increasing their positions, 143 reducing their positions, and 51 closing their positions.
54% more call options, than puts
Call options by funds: $52.6M | Put options by funds: $34.1M
8% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 51
1% less funds holding
Funds holding: 371 → 369 (-2)
15% less capital invested
Capital invested by funds: $5.84B → $4.98B (-$854M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
44% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$254M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$46.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$44.6M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$36.8M |
| 5 |
Goldman Sachs
New York
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$77.3M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$48.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$31.8M |
| 4 |
ClearBridge Investments
New York
|
-$27.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$24.1M |
BPL Hedge Fund Activity: Q4 2017 in Review
369 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q4 2017, worth a combined $4.98B — down 15% from $5.84B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new BPL positions and 51 closed out — a net gain of 4 holders — while 80 added to existing stakes and 143 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $254M. The largest seller was CIBC Private Wealth Group, cutting an estimated $77.3M.
- 369 institutional investors held Buckeye Partners, L.P. (BPL) as of Q4 2017, down from 371 in Q3 2017.
- Funds reported $4.98B of Buckeye Partners, L.P. stock for Q4 2017, down 15% quarter-over-quarter.
- 55 funds opened new Buckeye Partners, L.P. positions in Q4 2017 and 51 closed out, a net change of +4 holders.
- The largest Buckeye Partners, L.P. buyer in Q4 2017 was Blackstone Inc, an estimated $254M added.
- The largest Buckeye Partners, L.P. seller in Q4 2017 was CIBC Private Wealth Group, an estimated $77.3M sold.
Based on aggregated 13F filings for Q4 2017.