BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
BPMP was delisted on the 4th of April, 2022.
82 hedge funds and large institutions have $993M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
5% more funds holding
Funds holding: 78 → 82 (+4)
12% less capital invested
Capital invested by funds: $1.13B → $993M (-$138M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $457K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$30.4M |
| 2 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$11.5M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$4.63M |
| 4 |
PIP
Permian Investment Partners
Dallas,
Texas
|
+$4.1M |
| 5 |
ClearBridge Investments
New York
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$47.1M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$21.5M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
-$11.9M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$3.15M |
| 5 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$3M |
BPMP Hedge Fund Activity: Q3 2018 in Review
82 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q3 2018, worth a combined $993M — down 12% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BPMP positions and 11 closed out — a net gain of 4 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $30.4M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $47.1M.
- 82 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q3 2018, up from 78 in Q2 2018.
- Funds reported $993M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q3 2018, down 12% quarter-over-quarter.
- 15 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q3 2018 and 11 closed out, a net change of +4 holders.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q3 2018 was Virtus ETF Advisers, an estimated $30.4M added.
- The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q3 2018 was Kayne Anderson Capital Advisors, an estimated $47.1M sold.
Based on aggregated 13F filings for Q3 2018.