Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
264 hedge funds and large institutions have $3.14B invested in Buckeye Partners, L.P. in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 48 increasing their positions, 104 reducing their positions, and 66 closing their positions.
75% more call options, than puts
Call options by funds: $45.4M | Put options by funds: $26M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less funds holding
Funds holding: 296 → 264 (-32)
13% less capital invested
Capital invested by funds: $3.61B → $3.14B (-$476M)
47% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 66
54% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$87.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$80.8M |
| 3 |
O
OppenheimerFunds
New York
|
+$63.7M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$51.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$62.5M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$34.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$20.8M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$20M |
| 5 |
ClearBridge Investments
New York
|
-$16.5M |
BPL Hedge Fund Activity: Q4 2018 in Review
264 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q4 2018, worth a combined $3.14B — down 13% from $3.61B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BPL and 35 opened new positions — a net loss of 31 holders — while 104 trimmed existing stakes and 48 added.
The largest buyer was Harvest Fund Advisors, adding an estimated $87.5M. The largest seller was Chickasaw Capital Management, cutting an estimated $62.5M.
- 264 institutional investors held Buckeye Partners, L.P. (BPL) as of Q4 2018, down from 296 in Q3 2018.
- Funds reported $3.14B of Buckeye Partners, L.P. stock for Q4 2018, down 13% quarter-over-quarter.
- 35 funds opened new Buckeye Partners, L.P. positions in Q4 2018 and 66 closed out, a net change of -31 holders.
- The largest Buckeye Partners, L.P. buyer in Q4 2018 was Harvest Fund Advisors, an estimated $87.5M added.
- The largest Buckeye Partners, L.P. seller in Q4 2018 was Chickasaw Capital Management, an estimated $62.5M sold.
Based on aggregated 13F filings for Q4 2018.