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Energy Transfer Partners

328 hedge funds and large institutions have $11.3B invested in Energy Transfer Partners in 2013 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 92 increasing their positions, 114 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

383% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 12

157% more call options, than puts

Call options by funds: $144M | Put options by funds: $56.1M

24% more capital invested

Capital invested by funds: $9.05B → $11.3B (+$2.21B)

19% more funds holding in top 10

Funds holding in top 10: 2732 (+5)

15% more funds holding

Funds holding: 286328 (+42)

1.6% more ownership

Funds ownership: 195.27%196.87% (+1.6%)

19% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 114

Holders
328
Holders Change
+42
Holders Change %
+14.69%
% of All Funds
9.52%
Holding in Top 10
32
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+18.52%
% of All Funds
0.93%
New
58
Increased
92
Reduced
114
Closed
12
Calls
$144M
Puts
$56.1M
Net Calls
+$88.2M
Net Calls Change
+$57.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
26
Fidelity Investments
Massachusetts
$88.9M +$19.7M +1,095,948 +34%
PI
27
Putnam Investments
Massachusetts
$83.2M -$5.56M -308,948 -7%
GF
28
Gabelli Funds
New York
$81.7M -$3.24M -180,000 -4%
CS
29
Credit Suisse
Switzerland
$80.3M -$35.1M -1,953,260 -33%
BC
30
Brookfield Corp
Ontario, Canada
$76.2M +$16.8M +934,000 +33%
KACA
31
Kayne Anderson Capital Advisors
California
$76M -$43.2M -2,400,000 -39%
HAI
32
Hennessy Advisors Inc
California
$62.8M -$5.76M -320,000 -9%
DAC
33
Dividend Assets Capital
South Carolina
$59.4M +$2.56M +142,160 +5%
CHCM
34
Columbus Hill Capital Management
New Jersey
$56.1M -$17.5M -975,260 -26%
NCA
35
Newbrook Capital Advisors
New York
$53.5M +$47.1M +2,616,808 New
California Public Employees Retirement System
36
California Public Employees Retirement System
California
$49.1M +$986K +54,800 +2%
Cohen & Steers
37
Cohen & Steers
New York
$46.2M +$841K +46,716 +2%
AR
38
Argyll Research
Delaware
$44.9M
WRF
39
Waddell & Reed Financial
Kansas
$43.4M -$4.76M -264,800 -11%
BIC
40
Beach Investment Counsel
Pennsylvania
$42.1M
PDM
41
Penn Davis McFarland
Texas
$40.8M
CA
42
Commerzbank Aktiengesellschaft
Germany
$39M -$18K -1,000 -0%
Allianz Asset Management
43
Allianz Asset Management
Germany
$38.4M +$33.8M +1,880,000 New
WHG
44
Westwood Holdings Group
Texas
$38.4M -$3.26M -181,080 -9%
Bank of New York Mellon
45
Bank of New York Mellon
New York
$38.1M -$4.35M -241,512 -11%
Wells Fargo
46
Wells Fargo
California
$34M -$1.65M -91,536 -5%
OMC
47
Overbrook Management Corp
New York
$32.7M +$3.6M +200,072 +14%
Balyasny Asset Management
48
Balyasny Asset Management
Illinois
$31.7M -$1.64M -90,916 -6%
DPIM
49
Duff & Phelps Investment Management
Illinois
$28.4M
HighTower Advisors
50
HighTower Advisors
Illinois
$27.3M -$140K -7,804 -0.6%

ET Hedge Fund Activity: Q4 2013 in Review

328 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Energy Transfer Partners (ET) for Q4 2013, worth a combined $11.3B — up 24% from $9.05B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new ET positions and 12 closed out — a net gain of 46 holders — while 92 added to existing stakes and 114 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $106M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $65.1M.

  • 328 institutional investors held Energy Transfer Partners (ET) as of Q4 2013, up from 286 in Q3 2013.
  • Funds reported $11.3B of Energy Transfer Partners stock for Q4 2013, up 24% quarter-over-quarter.
  • 58 funds opened new Energy Transfer Partners positions in Q4 2013 and 12 closed out, a net change of +46 holders.
  • The largest Energy Transfer Partners buyer in Q4 2013 was Morgan Stanley, an estimated $106M added.
  • The largest Energy Transfer Partners seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $65.1M sold.

Based on aggregated 13F filings for Q4 2013.