BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
BPMP was delisted on the 4th of April, 2022.
89 hedge funds and large institutions have $470M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 33 reducing their positions, and 13 closing their positions.
34% more call options, than puts
Call options by funds: $910K | Put options by funds: $678K
24% more capital invested
Capital invested by funds: $378M → $470M (+$92.1M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
9% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 33
2% less funds holding
Funds holding: 91 → 89 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$17.4M |
| 2 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$11.5M |
| 3 |
JP Morgan Chase
New York
|
+$7.87M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.42M |
| 5 |
Blackstone Inc
New York
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$10.8M |
| 2 |
Morgan Stanley
New York
|
-$7.13M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.43M |
| 4 |
BlackRock
New York
|
-$3.22M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.17M |
BPMP Hedge Fund Activity: Q2 2020 in Review
89 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q2 2020, worth a combined $470M — up 24% from $378M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BPMP and 12 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 30 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $17.4M. The largest seller was Energy Income Partners, cutting an estimated $10.8M.
- 89 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q2 2020, down from 91 in Q1 2020.
- Funds reported $470M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q2 2020, up 24% quarter-over-quarter.
- 12 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q2 2020 and 13 closed out, a net change of -1 holder.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q2 2020 was Tortoise Capital Advisors, an estimated $17.4M added.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q2 2020 was Energy Income Partners, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2020.