Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
282 hedge funds and large institutions have $5.08B invested in Buckeye Partners, L.P. in 2019 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 60 increasing their positions, 100 reducing their positions, and 49 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
35% more capital invested
Capital invested by funds: $3.77B → $5.08B (+$1.31B)
24% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 49
2% more funds holding
Funds holding: 276 → 282 (+6)
40% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 100
59% less call options, than puts
Call options by funds: $7.78M | Put options by funds: $19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$543M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$253M |
| 3 |
Morgan Stanley
New York
|
+$193M |
| 4 |
Citigroup
New York
|
+$191M |
| 5 |
Goldman Sachs
New York
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$416M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$113M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$94.6M |
| 4 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$75.2M |
| 5 |
Cohen & Steers
New York
|
-$50.1M |
BPL Hedge Fund Activity: Q2 2019 in Review
282 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q2 2019, worth a combined $5.08B — up 35% from $3.77B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new BPL positions and 49 closed out — a net gain of 12 holders — while 60 added to existing stakes and 100 trimmed.
The largest buyer was Invesco, adding an estimated $543M. The largest seller was Tortoise Capital Advisors, cutting an estimated $416M.
- 282 institutional investors held Buckeye Partners, L.P. (BPL) as of Q2 2019, up from 276 in Q1 2019.
- Funds reported $5.08B of Buckeye Partners, L.P. stock for Q2 2019, up 35% quarter-over-quarter.
- 61 funds opened new Buckeye Partners, L.P. positions in Q2 2019 and 49 closed out, a net change of +12 holders.
- The largest Buckeye Partners, L.P. buyer in Q2 2019 was Invesco, an estimated $543M added.
- The largest Buckeye Partners, L.P. seller in Q2 2019 was Tortoise Capital Advisors, an estimated $416M sold.
Based on aggregated 13F filings for Q2 2019.