Boardwalk Pipeline Partners
BWP
BWP was delisted on the 17th of July, 2018.
152 hedge funds and large institutions have $2.35B invested in Boardwalk Pipeline Partners in 2018 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 55 increasing their positions, 41 reducing their positions, and 26 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 41
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
1.03% less ownership
Funds ownership: 93.69% → 92.67% (-1%)
3% less funds holding
Funds holding: 156 → 152 (-4)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
22% less capital invested
Capital invested by funds: $3.03B → $2.35B (-$679M)
52% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $4.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TAM Capital Management
Stamford,
Connecticut
|
+$18.3M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$17.4M |
| 3 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$13.6M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$13.5M |
| 5 |
Morgan Stanley
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$110M |
| 2 |
Citigroup
New York
|
-$21.3M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$15.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$11.3M |
BWP Hedge Fund Activity: Q1 2018 in Review
152 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Boardwalk Pipeline Partners (BWP) for Q1 2018, worth a combined $2.35B — down 22% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of BWP and 25 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 55 added.
The largest buyer was TAM Capital Management, adding an estimated $18.3M. The largest seller was Blackstone Inc, exiting entirely with an estimated $110M sold.
- 152 institutional investors held Boardwalk Pipeline Partners (BWP) as of Q1 2018, down from 156 in Q4 2017.
- Funds reported $2.35B of Boardwalk Pipeline Partners stock for Q1 2018, down 22% quarter-over-quarter.
- 25 funds opened new Boardwalk Pipeline Partners positions in Q1 2018 and 26 closed out, a net change of -1 holder.
- The largest Boardwalk Pipeline Partners buyer in Q1 2018 was TAM Capital Management, an estimated $18.3M added.
- The largest Boardwalk Pipeline Partners seller in Q1 2018 was Blackstone Inc, an estimated $110M sold.
Based on aggregated 13F filings for Q1 2018.