BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
BPMP was delisted on the 4th of April, 2022.
91 hedge funds and large institutions have $378M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 19 closing their positions.
49% more call options, than puts
Call options by funds: $1.32M | Put options by funds: $882K
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 102 → 91 (-11)
45% less capital invested
Capital invested by funds: $689M → $378M (-$312M)
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.6M |
| 2 |
Citigroup
New York
|
+$25.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$18.1M |
| 4 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$9.22M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$48.6M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$16.9M |
| 3 |
ClearBridge Investments
New York
|
-$14.8M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$13.9M |
| 5 |
PIP
Permian Investment Partners
Dallas,
Texas
|
-$12.6M |
BPMP Hedge Fund Activity: Q1 2020 in Review
91 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q1 2020, worth a combined $378M — down 45% from $689M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BPMP and 10 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 36 added.
The largest buyer was Morgan Stanley, adding an estimated $30.6M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $48.6M.
- 91 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q1 2020, down from 102 in Q4 2019.
- Funds reported $378M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q1 2020, down 45% quarter-over-quarter.
- 10 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q1 2020 and 19 closed out, a net change of -9 holders.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q1 2020 was Morgan Stanley, an estimated $30.6M added.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q1 2020 was Kayne Anderson Capital Advisors, an estimated $48.6M sold.
Based on aggregated 13F filings for Q1 2020.