DCP Midstream, LP
DCP
DCP was delisted on the 14th of June, 2023.
143 hedge funds and large institutions have $2B invested in DCP Midstream, LP in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 22 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 154 → 143 (-11)
19% less capital invested
Capital invested by funds: $2.46B → $2B (-$456M)
40% less call options, than puts
Call options by funds: $6.71M | Put options by funds: $11.1M
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$105M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$81.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$21M |
| 4 |
Goldman Sachs
New York
|
+$20.6M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$160M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$83.3M |
| 3 |
First Eagle Investment Management
New York
|
-$74.4M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$66M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$45.8M |
DCP Hedge Fund Activity: Q3 2019 in Review
143 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in DCP Midstream, LP (DCP) for Q3 2019, worth a combined $2B — down 19% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of DCP and 13 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 49 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $105M. The largest seller was Advisory Research, exiting entirely with an estimated $160M sold.
- 143 institutional investors held DCP Midstream, LP (DCP) as of Q3 2019, down from 154 in Q2 2019.
- Funds reported $2B of DCP Midstream, LP stock for Q3 2019, down 19% quarter-over-quarter.
- 13 funds opened new DCP Midstream, LP positions in Q3 2019 and 22 closed out, a net change of -9 holders.
- The largest DCP Midstream, LP buyer in Q3 2019 was Tortoise Capital Advisors, an estimated $105M added.
- The largest DCP Midstream, LP seller in Q3 2019 was Advisory Research, an estimated $160M sold.
Based on aggregated 13F filings for Q3 2019.