Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
296 hedge funds and large institutions have $3.61B invested in Buckeye Partners, L.P. in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 76 increasing their positions, 89 reducing their positions, and 48 closing their positions.
95% more call options, than puts
Call options by funds: $88.9M | Put options by funds: $45.5M
4% more capital invested
Capital invested by funds: $3.48B → $3.61B (+$130M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
5% less funds holding
Funds holding: 312 → 296 (-16)
15% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 89
23% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$90.8M |
| 2 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$73.9M |
| 3 |
Goldman Sachs
New York
|
+$73.8M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$52.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$75.2M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$31.4M |
| 3 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$26.2M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$13M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.5M |
BPL Hedge Fund Activity: Q3 2018 in Review
296 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q3 2018, worth a combined $3.61B — up 3.7% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of BPL and 37 opened new positions — a net loss of 11 holders — while 89 trimmed existing stakes and 76 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $90.8M. The largest seller was Advisory Research, exiting entirely with an estimated $75.2M sold.
- 296 institutional investors held Buckeye Partners, L.P. (BPL) as of Q3 2018, down from 312 in Q2 2018.
- Funds reported $3.61B of Buckeye Partners, L.P. stock for Q3 2018, up 3.7% quarter-over-quarter.
- 37 funds opened new Buckeye Partners, L.P. positions in Q3 2018 and 48 closed out, a net change of -11 holders.
- The largest Buckeye Partners, L.P. buyer in Q3 2018 was Tortoise Capital Advisors, an estimated $90.8M added.
- The largest Buckeye Partners, L.P. seller in Q3 2018 was Advisory Research, an estimated $75.2M sold.
Based on aggregated 13F filings for Q3 2018.