DCP Midstream, LP
DCP
DCP was delisted on the 14th of June, 2023.
134 hedge funds and large institutions have $1.42B invested in DCP Midstream, LP in 2021 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more capital invested
Capital invested by funds: $1.13B → $1.42B (+$293M)
19% more call options, than puts
Call options by funds: $17.7M | Put options by funds: $14.9M
9% more funds holding
Funds holding: 123 → 134 (+11)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$71.3M |
| 2 |
Goldman Sachs
New York
|
+$56.1M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$54.6M |
| 4 |
N
Natixis
Paris,
France
|
+$22.9M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$190M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.32M |
| 3 |
Morgan Stanley
New York
|
-$5.61M |
| 4 |
Citigroup
New York
|
-$4.54M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$3.35M |
DCP Hedge Fund Activity: Q1 2021 in Review
134 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DCP Midstream, LP (DCP) for Q1 2021, worth a combined $1.42B — up 26% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DCP positions and 16 closed out — a net gain of 12 holders — while 40 added to existing stakes and 40 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $71.3M. The largest seller was Invesco, cutting an estimated $190M.
- 134 institutional investors held DCP Midstream, LP (DCP) as of Q1 2021, up from 123 in Q4 2020.
- Funds reported $1.42B of DCP Midstream, LP stock for Q1 2021, up 26% quarter-over-quarter.
- 28 funds opened new DCP Midstream, LP positions in Q1 2021 and 16 closed out, a net change of +12 holders.
- The largest DCP Midstream, LP buyer in Q1 2021 was Tortoise Capital Advisors, an estimated $71.3M added.
- The largest DCP Midstream, LP seller in Q1 2021 was Invesco, an estimated $190M sold.
Based on aggregated 13F filings for Q1 2021.