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BPMP

BP Midstream Partners LP Common Units representing Limited Partner Interests

Delisted

BPMP was delisted on the 4th of April, 2022.

86 hedge funds and large institutions have $780M invested in BP Midstream Partners LP Common Units representing Limited Partner Interests in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 32 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

5% more funds holding

Funds holding: 8286 (+4)

21% less capital invested

Capital invested by funds: $993M → $780M (-$213M)

31% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 32

34% less call options, than puts

Call options by funds: $171K | Put options by funds: $258K

Holders
86
Holders Change
+4
Holders Change %
+4.88%
% of All Funds
1.92%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
17
Increased
22
Reduced
32
Closed
13
Calls
$171K
Puts
$258K
Net Calls
-$87K
Net Calls Change
+$370K
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$96.2M +$3.19M +184,158 +3%
SCA
2
Salient Capital Advisors
Texas
$84.5M +$8.92M +514,914 +10%
KACA
3
Kayne Anderson Capital Advisors
California
$83M +$42.8M +2,469,025 +86%
CCM
4
Chickasaw Capital Management
Tennessee
$68M -$8.97M -517,885 -11%
ClearBridge Investments
5
ClearBridge Investments
New York
$63.4M -$73.7K -4,258 -0.1%
HFA
6
Harvest Fund Advisors
Pennsylvania
$48.5M -$18M -1,042,053 -25%
EIP
7
Energy Income Partners
Connecticut
$43.8M +$17.7M +1,019,864 +57%
PIP
8
Permian Investment Partners
Texas
$39.7M -$37.2M -2,150,423 -46%
CS
9
Credit Suisse
Switzerland
$29.5M -$2.61M -150,954 -7%
JP Morgan Chase
10
JP Morgan Chase
New York
$28.6M +$2.61M +150,665 +9%
COPPSERS
11
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$23.2M -$3.69M -213,147 -12%
ICA
12
Infrastructure Capital Advisors
New York
$22M -$1.45M -83,557 -6%
VEA
13
Virtus ETF Advisers
New York
$22M -$1.45M -83,557 -6%
Morgan Stanley
14
Morgan Stanley
New York
$16M +$485K +27,994 +3%
EGA
15
Eagle Global Advisors
Texas
$13.1M -$3.17M -182,790 -18%
DPIM
16
Duff & Phelps Investment Management
Illinois
$11.1M -$58.9K -3,400 -0.5%
BlackRock
17
BlackRock
New York
$9.73M +$132K +7,602 +1%
NMIMC
18
Northwestern Mutual Investment Management Company
Wisconsin
$8.82M
UBS Group
19
UBS Group
Switzerland
$6.83M -$2.1M -121,270 -22%
Wells Fargo
20
Wells Fargo
California
$6.67M -$3.31M -191,082 -31%
NC
21
NBW Capital
Massachusetts
$4.6M -$1.36M -78,622 -21%
Citigroup
22
Citigroup
New York
$4.38M +$1.77M +101,997 +57%
CCM
23
Cadence Capital Management
Massachusetts
$4.27M +$1.73M +100,014 +57%
TA
24
Tiedemann Advisors
New York
$3.94M +$1.21M +69,900 +38%
State of New Jersey Common Pension Fund D
25
State of New Jersey Common Pension Fund D
New Jersey
$3.5M

BPMP Hedge Fund Activity: Q4 2018 in Review

86 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) for Q4 2018, worth a combined $780M — down 21% from $993M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new BPMP positions and 13 closed out — a net gain of 4 holders — while 22 added to existing stakes and 32 trimmed.

The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $42.8M. The largest seller was Permian Investment Partners, cutting an estimated $37.2M.

  • 86 institutional investors held BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) as of Q4 2018, up from 82 in Q3 2018.
  • Funds reported $780M of BP Midstream Partners LP Common Units representing Limited Partner Interests stock for Q4 2018, down 21% quarter-over-quarter.
  • 17 funds opened new BP Midstream Partners LP Common Units representing Limited Partner Interests positions in Q4 2018 and 13 closed out, a net change of +4 holders.
  • The largest BP Midstream Partners LP Common Units representing Limited Partner Interests buyer in Q4 2018 was Kayne Anderson Capital Advisors, an estimated $42.8M added.
  • The largest BP Midstream Partners LP Common Units representing Limited Partner Interests seller in Q4 2018 was Permian Investment Partners, an estimated $37.2M sold.

Based on aggregated 13F filings for Q4 2018.