Crestwood Equity Partners LP
CEQP
CEQP was delisted on the 2nd of November, 2023.
129 hedge funds and large institutions have $646M invested in Crestwood Equity Partners LP in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 13 closing their positions.
192% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 13
70% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $13.5M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more funds holding
Funds holding: 107 → 129 (+22)
10% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 31
10% less capital invested
Capital invested by funds: $717M → $646M (-$70.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$16.7M |
| 2 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$14.3M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$10.5M |
| 4 |
N
Natixis
Paris,
France
|
+$9.76M |
| 5 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$7.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.9M |
| 2 |
Morgan Stanley
New York
|
-$6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.54M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.44M |
| 5 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$2.1M |
CEQP Hedge Fund Activity: Q1 2021 in Review
129 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Crestwood Equity Partners LP (CEQP) for Q1 2021, worth a combined $646M — down 9.9% from $717M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CEQP positions and 13 closed out — a net gain of 25 holders — while 34 added to existing stakes and 31 trimmed.
The largest buyer was Salient Capital Advisors, adding an estimated $16.7M. The largest seller was Goldman Sachs, cutting an estimated $6.9M.
- 129 institutional investors held Crestwood Equity Partners LP (CEQP) as of Q1 2021, up from 107 in Q4 2020.
- Funds reported $646M of Crestwood Equity Partners LP stock for Q1 2021, down 9.9% quarter-over-quarter.
- 38 funds opened new Crestwood Equity Partners LP positions in Q1 2021 and 13 closed out, a net change of +25 holders.
- The largest Crestwood Equity Partners LP buyer in Q1 2021 was Salient Capital Advisors, an estimated $16.7M added.
- The largest Crestwood Equity Partners LP seller in Q1 2021 was Goldman Sachs, an estimated $6.9M sold.
Based on aggregated 13F filings for Q1 2021.