DCP Midstream, LP
DCP
DCP was delisted on the 14th of June, 2023.
126 hedge funds and large institutions have $3.44B invested in DCP Midstream, LP in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 43 reducing their positions, and 41 closing their positions.
41% more call options, than puts
Call options by funds: $10M | Put options by funds: $7.08M
14% more capital invested
Capital invested by funds: $3.02B → $3.44B (+$418M)
15% less funds holding
Funds holding: 148 → 126 (-22)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
30% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 43
46% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$234M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$232M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$191M |
| 4 |
JP Morgan Chase
New York
|
+$154M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$522M |
| 2 |
Goldman Sachs
New York
|
-$107M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$87.9M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$82.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$62.3M |
DCP Hedge Fund Activity: Q1 2023 in Review
126 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DCP Midstream, LP (DCP) for Q1 2023, worth a combined $3.44B — up 14% from $3.02B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DCP and 22 opened new positions — a net loss of 19 holders — while 43 trimmed existing stakes and 30 added.
The largest buyer was BlackRock, opening a new position worth an estimated $234M. The largest seller was ALPS Advisors, exiting entirely with an estimated $522M sold.
- 126 institutional investors held DCP Midstream, LP (DCP) as of Q1 2023, down from 148 in Q4 2022.
- Funds reported $3.44B of DCP Midstream, LP stock for Q1 2023, up 14% quarter-over-quarter.
- 22 funds opened new DCP Midstream, LP positions in Q1 2023 and 41 closed out, a net change of -19 holders.
- The largest DCP Midstream, LP buyer in Q1 2023 was BlackRock, an estimated $234M added.
- The largest DCP Midstream, LP seller in Q1 2023 was ALPS Advisors, an estimated $522M sold.
Based on aggregated 13F filings for Q1 2023.