El Paso Energy Capital Trust I
EP.PRC
30 hedge funds and large institutions have $182M invested in El Paso Energy Capital Trust I in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more capital invested
Capital invested by funds: $159M → $182M (+$23.8M)
11% more funds holding
Funds holding: 27 → 30 (+3)
2.54% more ownership
Funds ownership: 52.32% → 54.86% (+2.5%)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$10.9M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.27M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$158K |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$42.3K |
| 5 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$10.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$3M |
| 2 |
Bank of New York Mellon
New York
|
-$2.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.61M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$134K |
| 5 |
Neuberger Berman Group
New York
|
-$65.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCS
26
Crosspoint Capital Strategies
Orinda,
California
| $26K | -$24K | -455 | -50% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $22K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $22K | +$21.1K | +400 | New |
|
|
GSC
29
Ground Swell Capital
Folly Beach,
South Carolina
| $19K | +$18.6K | +352 | New |
|
|
TCM
30
Tradewinds Capital Management
Bellingham,
Washington
| $11K | – | – | – |
|
|
DSC
31
Duncker Streett & Co
St. Louis,
Missouri
| $6K | – | – | – |
|
|
32
Bank of New York Mellon
New York
| – | -$2.73M | -53,409 | Closed |
|
EP.PRC Hedge Fund Activity: Q2 2014 in Review
30 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in El Paso Energy Capital Trust I (EP.PRC) for Q2 2014, worth a combined $182M — up 15% from $159M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EP.PRC positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Mariner Investment Group, adding an estimated $10.9M. The largest seller was Loomis, Sayles & Company, cutting an estimated $3M.
- 30 institutional investors held El Paso Energy Capital Trust I (EP.PRC) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $182M of El Paso Energy Capital Trust I stock for Q2 2014, up 15% quarter-over-quarter.
- 4 funds opened new El Paso Energy Capital Trust I positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest El Paso Energy Capital Trust I buyer in Q2 2014 was Mariner Investment Group, an estimated $10.9M added.
- The largest El Paso Energy Capital Trust I seller in Q2 2014 was Loomis, Sayles & Company, an estimated $3M sold.
Based on aggregated 13F filings for Q2 2014.