DCP Midstream, LP
DCP
DCP was delisted on the 14th of June, 2023.
108 hedge funds and large institutions have $642M invested in DCP Midstream, LP in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 35 reducing their positions, and 29 closing their positions.
155% more capital invested
Capital invested by funds: $252M → $642M (+$390M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% less funds holding
Funds holding: 122 → 108 (-14)
23% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 35
28% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $16.9M
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
+$13.5M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.31M |
| 4 |
JP Morgan Chase
New York
|
+$6.21M |
| 5 |
Blackstone Inc
New York
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$36.5M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$9.06M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.57M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$6.17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
126
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$15K | -3,800 | Closed |
|
|
CFO
127
CVA Family Office
Denver,
Colorado
| – | -$12K | -3,000 | Closed |
|
|
SFS
128
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$7K | -1,841 | Closed |
|
|
GSC
129
G&S Capital
Denver,
Colorado
| – | -$5K | -1,400 | Closed |
|
130
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -510 | Closed |
|
|
NFG
131
Next Financial Group
Houston,
Texas
| – | -$1K | -175 | Closed |
|
|
WQ
132
Wealth Quarterback
Toms River,
New Jersey
| – | -$225 | -55 | Closed |
|
133
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | New |
|
|
GI
134
Gradient Investments
Arden Hills,
Minnesota
| – | +$284 | +30 | New |
|
DCP Hedge Fund Activity: Q2 2020 in Review
108 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in DCP Midstream, LP (DCP) for Q2 2020, worth a combined $642M — up 155% from $252M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of DCP and 17 opened new positions — a net loss of 12 holders — while 35 trimmed existing stakes and 27 added.
The largest buyer was RR Advisors, opening a new position worth an estimated $13.5M. The largest seller was Morgan Stanley, cutting an estimated $36.5M.
- 108 institutional investors held DCP Midstream, LP (DCP) as of Q2 2020, down from 122 in Q1 2020.
- Funds reported $642M of DCP Midstream, LP stock for Q2 2020, up 155% quarter-over-quarter.
- 17 funds opened new DCP Midstream, LP positions in Q2 2020 and 29 closed out, a net change of -12 holders.
- The largest DCP Midstream, LP buyer in Q2 2020 was RR Advisors, an estimated $13.5M added.
- The largest DCP Midstream, LP seller in Q2 2020 was Morgan Stanley, an estimated $36.5M sold.
Based on aggregated 13F filings for Q2 2020.