Enbridge Energy Management Llc
EEQ
EEQ was delisted on the 19th of December, 2018.
127 hedge funds and large institutions have $735M invested in Enbridge Energy Management Llc in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 59 reducing their positions, and 22 closing their positions.
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
2% less funds holding
Funds holding: 129 → 127 (-2)
21% less capital invested
Capital invested by funds: $932M → $735M (-$197M)
37% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 59
68% less call options, than puts
Call options by funds: $340K | Put options by funds: $1.07M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$96.5M |
| 2 |
ZP
Zimmer Partners
New York
|
+$17.4M |
| 3 |
Morgan Stanley
New York
|
+$15.3M |
| 4 |
BG
Bollard Group
Boston,
Massachusetts
|
+$10.4M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$8.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$19.1M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$13M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.6M |
| 4 |
Renaissance Technologies
New York
|
-$6.17M |
| 5 |
Two Sigma Investments
New York
|
-$3.49M |
EEQ Hedge Fund Activity: Q1 2018 in Review
127 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Enbridge Energy Management Llc (EEQ) for Q1 2018, worth a combined $735M — down 21% from $932M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of EEQ and 21 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 37 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $96.5M. The largest seller was Salient Capital Advisors, cutting an estimated $19.1M.
- 127 institutional investors held Enbridge Energy Management Llc (EEQ) as of Q1 2018, down from 129 in Q4 2017.
- Funds reported $735M of Enbridge Energy Management Llc stock for Q1 2018, down 21% quarter-over-quarter.
- 21 funds opened new Enbridge Energy Management Llc positions in Q1 2018 and 22 closed out, a net change of -1 holder.
- The largest Enbridge Energy Management Llc buyer in Q1 2018 was Tortoise Capital Advisors, an estimated $96.5M added.
- The largest Enbridge Energy Management Llc seller in Q1 2018 was Salient Capital Advisors, an estimated $19.1M sold.
Based on aggregated 13F filings for Q1 2018.