BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
BPMP was delisted on the 4th of April, 2022.
59 hedge funds and large institutions have $361M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 28 reducing their positions, and 24 closing their positions.
14% less capital invested
Capital invested by funds: $422M → $361M (-$60.4M)
27% less funds holding
Funds holding: 81 → 59 (-22)
32% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 28
46% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $3.27M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
92% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$96.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14.5M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.43M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.05M |
| 5 |
Goldman Sachs
New York
|
+$902K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$50.6M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$40.8M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$16.3M |
| 4 |
ICA
Infrastructure Capital Advisors
New York
|
-$12M |
| 5 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$3.26M |
BPMP Hedge Fund Activity: Q3 2021 in Review
59 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q3 2021, worth a combined $361M — down 14% from $422M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BPMP and 2 opened new positions — a net loss of 22 holders — while 28 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $96.5M. The largest seller was Tortoise Capital Advisors, cutting an estimated $50.6M.
- 59 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q3 2021, down from 81 in Q2 2021.
- Funds reported $361M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q3 2021, down 14% quarter-over-quarter.
- 2 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q3 2021 and 24 closed out, a net change of -22 holders.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q3 2021 was Morgan Stanley, an estimated $96.5M added.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q3 2021 was Tortoise Capital Advisors, an estimated $50.6M sold.
Based on aggregated 13F filings for Q3 2021.