Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
329 hedge funds and large institutions have $3.91B invested in Buckeye Partners, L.P. in 2018 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 99 reducing their positions, and 66 closing their positions.
420% more call options, than puts
Call options by funds: $124M | Put options by funds: $23.8M
2% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 99
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
11% less funds holding
Funds holding: 369 → 329 (-40)
22% less capital invested
Capital invested by funds: $4.99B → $3.91B (-$1.08B)
52% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$273M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$168M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$23.1M |
| 4 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$21.8M |
| 5 |
O
OppenheimerFunds
New York
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$247M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$40.8M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
-$32.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.1M |
| 5 |
ClearBridge Investments
New York
|
-$14.4M |
BPL Hedge Fund Activity: Q1 2018 in Review
329 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q1 2018, worth a combined $3.91B — down 22% from $4.99B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BPL and 32 opened new positions — a net loss of 34 holders — while 99 trimmed existing stakes and 97 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $273M. The largest seller was Blackstone Inc, exiting entirely with an estimated $247M sold.
- 329 institutional investors held Buckeye Partners, L.P. (BPL) as of Q1 2018, down from 369 in Q4 2017.
- Funds reported $3.91B of Buckeye Partners, L.P. stock for Q1 2018, down 22% quarter-over-quarter.
- 32 funds opened new Buckeye Partners, L.P. positions in Q1 2018 and 66 closed out, a net change of -34 holders.
- The largest Buckeye Partners, L.P. buyer in Q1 2018 was Kayne Anderson Capital Advisors, an estimated $273M added.
- The largest Buckeye Partners, L.P. seller in Q1 2018 was Blackstone Inc, an estimated $247M sold.
Based on aggregated 13F filings for Q1 2018.