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Energy Transfer Partners

351 hedge funds and large institutions have $12.2B invested in Energy Transfer Partners in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 95 increasing their positions, 127 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

151% more call options, than puts

Call options by funds: $152M | Put options by funds: $60.6M

124% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 21

9% more funds holding in top 10

Funds holding in top 10: 3235 (+3)

8% more capital invested

Capital invested by funds: $11.3B → $12.2B (+$953M)

7% more funds holding

Funds holding: 328351 (+23)

25% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 127

103.65% less ownership

Funds ownership: 196.87%93.22% (-104%)

Holders
351
Holders Change
+23
Holders Change %
+7.01%
% of All Funds
10.14%
Holding in Top 10
35
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+9.38%
% of All Funds
1.01%
New
47
Increased
95
Reduced
127
Closed
21
Calls
$152M
Puts
$60.6M
Net Calls
+$91.4M
Net Calls Change
+$3.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$868M -$199M -9,193,624 -20%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$861M -$48.3M -2,236,980 -6%
Goldman Sachs
3
Goldman Sachs
New York
$766M -$201M -9,283,206 -22%
TCA
4
Tortoise Capital Advisors
Kansas
$659M -$20.7M -957,748 -3%
O
5
OppenheimerFunds
New York
$650M +$7.31M +338,590 +1%
MCM
6
Mason Capital Management
New York
$511M -$126M -5,841,200 -21%
AR
7
Advisory Research
Illinois
$478M +$8.55M +395,638 +2%
SC
8
Sculptor Capital
New York
$453M -$67.5M -3,122,496 -14%
Bank of America
9
Bank of America
North Carolina
$427M +$124M +5,729,772 +46%
Citigroup
10
Citigroup
New York
$421M +$66M +3,056,974 +20%
JP Morgan Chase
11
JP Morgan Chase
New York
$420M -$18.5M -854,768 -5%
ClearBridge Investments
12
ClearBridge Investments
New York
$418M -$5.25M -242,988 -1%
IG
13
ING Group
Netherlands
$373M -$272M -12,590,000 -44%
HFA
14
Harvest Fund Advisors
Pennsylvania
$363M +$22M +1,019,794 +7%
Deutsche Bank
15
Deutsche Bank
Germany
$334M +$79.6M +3,683,504 +35%
U
16
UBS
Switzerland
$327M -$69.3M -3,205,894 -19%
MHI
17
Miller Howard Investments
New York
$303M +$11.7M +539,996 +4%
CIBC Private Wealth Group
18
CIBC Private Wealth Group
Georgia
$249M +$224M +10,382,482 New
EGA
19
Eagle Global Advisors
Texas
$200M -$1.29M -59,544 -0.7%
KACA
20
Kayne Anderson Capital Advisors
California
$177M +$82.8M +3,833,300 +103%
NIM
21
NXG Investment Management
Texas
$149M -$6.16M -285,158 -4%
SCA
22
Salient Capital Advisors
Texas
$139M +$18.2M +841,776 +16%
Jennison Associates
23
Jennison Associates
New York
$124M +$1.27M +58,690 +1%
COPPSERS
24
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$118M +$8.31M +384,732 +8%
CCM
25
Chickasaw Capital Management
Tennessee
$110M +$4.03M +186,530 +4%

ET Hedge Fund Activity: Q1 2014 in Review

351 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Energy Transfer Partners (ET) for Q1 2014, worth a combined $12.2B — up 8.5% from $11.3B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new ET positions and 21 closed out — a net gain of 26 holders — while 95 added to existing stakes and 127 trimmed.

The largest buyer was Bank of America, adding an estimated $124M. The largest seller was ING Group, cutting an estimated $272M.

  • 351 institutional investors held Energy Transfer Partners (ET) as of Q1 2014, up from 328 in Q4 2013.
  • Funds reported $12.2B of Energy Transfer Partners stock for Q1 2014, up 8.5% quarter-over-quarter.
  • 47 funds opened new Energy Transfer Partners positions in Q1 2014 and 21 closed out, a net change of +26 holders.
  • The largest Energy Transfer Partners buyer in Q1 2014 was Bank of America, an estimated $124M added.
  • The largest Energy Transfer Partners seller in Q1 2014 was ING Group, an estimated $272M sold.

Based on aggregated 13F filings for Q1 2014.