BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
BPMP was delisted on the 4th of April, 2022.
86 hedge funds and large institutions have $401M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 11 closing their positions.
33% more call options, than puts
Call options by funds: $569K | Put options by funds: $428K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 89 → 86 (-3)
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
15% less capital invested
Capital invested by funds: $470M → $401M (-$68.8M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.5M |
| 2 |
Morgan Stanley
New York
|
+$4.91M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.56M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.51M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$6.99M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$4.93M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$3.54M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$3.44M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.93M |
BPMP Hedge Fund Activity: Q3 2020 in Review
86 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q3 2020, worth a combined $401M — down 15% from $470M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BPMP and 8 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 27 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $10.5M. The largest seller was Tortoise Capital Advisors, cutting an estimated $6.99M.
- 86 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q3 2020, down from 89 in Q2 2020.
- Funds reported $401M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q3 2020, down 15% quarter-over-quarter.
- 8 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q3 2020 and 11 closed out, a net change of -3 holders.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q3 2020 was Mirae Asset Global Investments, an estimated $10.5M added.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q3 2020 was Tortoise Capital Advisors, an estimated $6.99M sold.
Based on aggregated 13F filings for Q3 2020.