Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
386 hedge funds and large institutions have $6.67B invested in Buckeye Partners, L.P. in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 123 increasing their positions, 111 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
27% more call options, than puts
Call options by funds: $23.5M | Put options by funds: $18.4M
19% more funds holding in top 10
Funds holding in top 10: 16 → 19 (+3)
11% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 111
2% more funds holding
Funds holding: 380 → 386 (+6)
1.62% less ownership
Funds ownership: 71.15% → 69.53% (-1.6%)
37% less capital inflows, than outflows
Capital inflows: $242M | Capital outflows: $384M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Chickasaw Capital Management
Memphis,
Tennessee
|
+$28.6M |
| 2 |
ALPS Advisors
Denver,
Colorado
|
+$27.9M |
| 3 |
Infrastructure Capital Advisors
New York
|
+$16.4M |
| 4 |
Virtus ETF Advisers
New York
|
+$16.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$96.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$39.7M |
| 3 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$34.7M |
| 4 |
Renaissance Technologies
New York
|
-$26.5M |
| 5 |
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$19.1M |
BPL Hedge Fund Activity: Q1 2017 in Review
386 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q1 2017, worth a combined $6.67B — up 1.1% from $6.6B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BPL positions and 21 closed out — a net gain of 9 holders — while 123 added to existing stakes and 111 trimmed.
The largest buyer was Chickasaw Capital Management, adding an estimated $28.6M. The largest seller was Tortoise Capital Advisors, cutting an estimated $96.1M.
- 386 institutional investors held Buckeye Partners, L.P. (BPL) as of Q1 2017, up from 380 in Q4 2016.
- Funds reported $6.67B of Buckeye Partners, L.P. stock for Q1 2017, up 1.1% quarter-over-quarter.
- 30 funds opened new Buckeye Partners, L.P. positions in Q1 2017 and 21 closed out, a net change of +9 holders.
- The largest Buckeye Partners, L.P. buyer in Q1 2017 was Chickasaw Capital Management, an estimated $28.6M added.
- The largest Buckeye Partners, L.P. seller in Q1 2017 was Tortoise Capital Advisors, an estimated $96.1M sold.
Based on aggregated 13F filings for Q1 2017.