Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
394 hedge funds and large institutions have $6.22B invested in Buckeye Partners, L.P. in 2017 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 116 increasing their positions, 118 reducing their positions, and 25 closing their positions.
203% more call options, than puts
Call options by funds: $52.3M | Put options by funds: $17.2M
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
2% more funds holding
Funds holding: 386 → 394 (+8)
0.33% less ownership
Funds ownership: 69.53% → 69.2% (-0.33%)
2% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 118
8% less capital inflows, than outflows
Capital inflows: $300M | Capital outflows: $328M
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$56M |
| 2 |
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$31.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$28.3M |
| 4 |
ALPS Advisors
Denver,
Colorado
|
+$23.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Center Coast Capital Advisors
Houston,
Texas
|
-$58M |
| 2 |
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$29.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$28.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$26.6M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$25.3M |
BPL Hedge Fund Activity: Q2 2017 in Review
394 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q2 2017, worth a combined $6.22B — down 6.8% from $6.67B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BPL positions and 25 closed out — a net gain of 11 holders — while 116 added to existing stakes and 118 trimmed.
The largest buyer was Nordea Investment Management, opening a new position worth an estimated $56M. The largest seller was Center Coast Capital Advisors, cutting an estimated $58M.
- 394 institutional investors held Buckeye Partners, L.P. (BPL) as of Q2 2017, up from 386 in Q1 2017.
- Funds reported $6.22B of Buckeye Partners, L.P. stock for Q2 2017, down 6.8% quarter-over-quarter.
- 36 funds opened new Buckeye Partners, L.P. positions in Q2 2017 and 25 closed out, a net change of +11 holders.
- The largest Buckeye Partners, L.P. buyer in Q2 2017 was Nordea Investment Management, an estimated $56M added.
- The largest Buckeye Partners, L.P. seller in Q2 2017 was Center Coast Capital Advisors, an estimated $58M sold.
Based on aggregated 13F filings for Q2 2017.