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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
Morgan Stanley
1
Morgan Stanley
New York
$946M +$106M +5,894,380 +15%
Goldman Sachs
2
Goldman Sachs
New York
$859M -$52.4M -2,911,128 -6%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$798M -$1.72M -95,624 -0.2%
TCA
4
Tortoise Capital Advisors
Kansas
$596M -$2.88M -160,008 -0.5%
IG
5
ING Group
Netherlands
$583M -$7.99M -444,000 -2%
MCM
6
Mason Capital Management
New York
$566M -$41.1M -2,285,600 -8%
O
7
OppenheimerFunds
New York
$562M +$5.88M +326,600 +1%
SC
8
Sculptor Capital
New York
$460M +$16.4M +911,056 +4%
AR
9
Advisory Research
Illinois
$409M -$15.4M -856,092 -4%
JP Morgan Chase
10
JP Morgan Chase
New York
$385M -$39.3M -2,184,172 -10%
ClearBridge Investments
11
ClearBridge Investments
New York
$370M -$13.3M -741,708 -4%
U
12
UBS
Switzerland
$352M +$67.2M +3,736,040 +28%
Citigroup
13
Citigroup
New York
$306M +$105M +5,827,912 +64%
HFA
14
Harvest Fund Advisors
Pennsylvania
$289M +$58.4M +3,246,152 +29%
Bank of America
15
Bank of America
North Carolina
$256M +$4.04M +224,300 +2%
MHI
16
Miller Howard Investments
New York
$253M +$6.53M +362,968 +3%
Deutsche Bank
17
Deutsche Bank
Germany
$217M +$61.8M +3,434,824 +48%
EGA
18
Eagle Global Advisors
Texas
$176M -$5.96M -331,080 -4%
Invesco
19
Invesco
Georgia
$170M -$24.6M -1,369,488 -14%
NIM
20
NXG Investment Management
Texas
$136M +$17M +945,296 +17%
Jennison Associates
21
Jennison Associates
New York
$107M +$14.3M +794,560 +18%
SCA
22
Salient Capital Advisors
Texas
$104M -$1.64M -91,384 -2%
EIP
23
Energy Income Partners
Connecticut
$99.9M -$2.89M -160,820 -3%
COPPSERS
24
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$95.6M -$11.4M -632,108 -12%
CCM
25
Chickasaw Capital Management
Tennessee
$92.1M +$1.16M +64,240 +1%

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.