Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
276 hedge funds and large institutions have $3.77B invested in Buckeye Partners, L.P. in 2019 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 80 increasing their positions, 66 reducing their positions, and 31 closing their positions.
79% more call options, than puts
Call options by funds: $27.1M | Put options by funds: $15.2M
45% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 31
21% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 66
20% more capital invested
Capital invested by funds: $3.14B → $3.77B (+$632M)
5% more funds holding
Funds holding: 264 → 276 (+12)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$41.2M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$37.8M |
| 3 |
Cohen & Steers
New York
|
+$30.8M |
| 4 |
O
OppenheimerFunds
New York
|
+$29.8M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$67M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$62.3M |
| 3 |
Citigroup
New York
|
-$32.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$30.2M |
| 5 |
JP Morgan Chase
New York
|
-$10.5M |
BPL Hedge Fund Activity: Q1 2019 in Review
276 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q1 2019, worth a combined $3.77B — up 20% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BPL positions and 31 closed out — a net gain of 14 holders — while 80 added to existing stakes and 66 trimmed.
The largest buyer was NXG Investment Management, opening a new position worth an estimated $41.2M. The largest seller was Brookfield Corp, cutting an estimated $67M.
- 276 institutional investors held Buckeye Partners, L.P. (BPL) as of Q1 2019, up from 264 in Q4 2018.
- Funds reported $3.77B of Buckeye Partners, L.P. stock for Q1 2019, up 20% quarter-over-quarter.
- 45 funds opened new Buckeye Partners, L.P. positions in Q1 2019 and 31 closed out, a net change of +14 holders.
- The largest Buckeye Partners, L.P. buyer in Q1 2019 was NXG Investment Management, an estimated $41.2M added.
- The largest Buckeye Partners, L.P. seller in Q1 2019 was Brookfield Corp, an estimated $67M sold.
Based on aggregated 13F filings for Q1 2019.