BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
BPMP was delisted on the 4th of April, 2022.
71 hedge funds and large institutions have $495M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2021 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
45% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $1.7M
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
37% more capital invested
Capital invested by funds: $361M → $495M (+$134M)
20% more funds holding
Funds holding: 59 → 71 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$42.9M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$16.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$16.5M |
| 4 |
Citigroup
New York
|
+$11.2M |
| 5 |
Morgan Stanley
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$25.4M |
| 2 |
ClearBridge Investments
New York
|
-$22.7M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$8.78M |
| 4 |
ICA
Infrastructure Capital Advisors
New York
|
-$6.57M |
| 5 |
JP Morgan Chase
New York
|
-$5.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Neuberger Berman Group
New York
| – | -$663K | -50,000 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$349K | -25,803 | Closed |
|
78
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
| – | -$305K | -23,000 | Closed |
|
79
Wolverine Trading
Chicago,
Illinois
| – | -$271K | -20,069 | Closed |
|
|
AFG
80
American Financial Group
Cincinnati,
Ohio
| – | -$186K | -14,000 | Closed |
|
|
CAM
81
Cresset Asset Management
Chicago,
Illinois
| – | -$182K | -13,725 | Closed |
|
|
S
82
SignatureFD
Atlanta,
Georgia
| – | -$20K | -1,500 | Closed |
|
BPMP Hedge Fund Activity: Q4 2021 in Review
71 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q4 2021, worth a combined $495M — up 37% from $361M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BPMP positions and 11 closed out — a net gain of 12 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $42.9M. The largest seller was Chickasaw Capital Management, cutting an estimated $25.4M.
- 71 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q4 2021, up from 59 in Q3 2021.
- Funds reported $495M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q4 2021, up 37% quarter-over-quarter.
- 23 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q4 2021 and 11 closed out, a net change of +12 holders.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q4 2021 was Bank of America, an estimated $42.9M added.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q4 2021 was Chickasaw Capital Management, an estimated $25.4M sold.
Based on aggregated 13F filings for Q4 2021.