Buckeye Partners, L.P.
BPL
BPL was delisted on the 31st of October, 2019.
274 hedge funds and large institutions have $5.2B invested in Buckeye Partners, L.P. in 2019 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 62 increasing their positions, 86 reducing their positions, and 43 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 6 → 16 (+10)
2% more capital invested
Capital invested by funds: $5.08B → $5.2B (+$120M)
3% less funds holding
Funds holding: 282 → 274 (-8)
12% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 43
28% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 86
48% less call options, than puts
Call options by funds: $9.6M | Put options by funds: $18.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$304M |
| 2 |
Morgan Stanley
New York
|
+$266M |
| 3 |
Barclays
London,
United Kingdom
|
+$265M |
| 4 |
Citigroup
New York
|
+$239M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$175M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$594M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
-$549M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$205M |
| 4 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$162M |
| 5 |
Goldman Sachs
New York
|
-$116M |
BPL Hedge Fund Activity: Q3 2019 in Review
274 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Buckeye Partners, L.P. (BPL) for Q3 2019, worth a combined $5.2B — up 2.4% from $5.08B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of BPL and 38 opened new positions — a net loss of 5 holders — while 86 trimmed existing stakes and 62 added.
The largest buyer was JP Morgan Chase, adding an estimated $304M. The largest seller was Invesco, cutting an estimated $594M.
- 274 institutional investors held Buckeye Partners, L.P. (BPL) as of Q3 2019, down from 282 in Q2 2019.
- Funds reported $5.2B of Buckeye Partners, L.P. stock for Q3 2019, up 2.4% quarter-over-quarter.
- 38 funds opened new Buckeye Partners, L.P. positions in Q3 2019 and 43 closed out, a net change of -5 holders.
- The largest Buckeye Partners, L.P. buyer in Q3 2019 was JP Morgan Chase, an estimated $304M added.
- The largest Buckeye Partners, L.P. seller in Q3 2019 was Invesco, an estimated $594M sold.
Based on aggregated 13F filings for Q3 2019.