Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
312 hedge funds and large institutions have $3.48B invested in Buckeye Partners, L.P. in 2018 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 75 increasing their positions, 113 reducing their positions, and 51 closing their positions.
184% more call options, than puts
Call options by funds: $102M | Put options by funds: $36M
5% less funds holding
Funds holding: 329 → 312 (-17)
11% less capital invested
Capital invested by funds: $3.91B → $3.48B (-$423M)
29% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 51
34% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 113
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$67M |
| 2 |
Goldman Sachs
New York
|
+$56.6M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$41.7M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$23M |
| 5 |
Citigroup
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$103M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$63.9M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$61.6M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$60.8M |
| 5 |
ICA
Infrastructure Capital Advisors
New York
|
-$38.4M |
BPL Hedge Fund Activity: Q2 2018 in Review
312 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q2 2018, worth a combined $3.48B — down 11% from $3.91B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BPL and 36 opened new positions — a net loss of 15 holders — while 113 trimmed existing stakes and 75 added.
The largest buyer was Chickasaw Capital Management, adding an estimated $67M. The largest seller was Harvest Fund Advisors, cutting an estimated $103M.
- 312 institutional investors held Buckeye Partners, L.P. (BPL) as of Q2 2018, down from 329 in Q1 2018.
- Funds reported $3.48B of Buckeye Partners, L.P. stock for Q2 2018, down 11% quarter-over-quarter.
- 36 funds opened new Buckeye Partners, L.P. positions in Q2 2018 and 51 closed out, a net change of -15 holders.
- The largest Buckeye Partners, L.P. buyer in Q2 2018 was Chickasaw Capital Management, an estimated $67M added.
- The largest Buckeye Partners, L.P. seller in Q2 2018 was Harvest Fund Advisors, an estimated $103M sold.
Based on aggregated 13F filings for Q2 2018.