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Energy Transfer Partners

390 hedge funds and large institutions have $16.3B invested in Energy Transfer Partners in 2014 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 129 increasing their positions, 125 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

126% more call options, than puts

Call options by funds: $142M | Put options by funds: $63.1M

30% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 40

1% more funds holding

Funds holding: 386390 (+4)

3% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 125

0% more funds holding in top 10

Funds holding in top 10: 3636 (0)

3% less capital invested

Capital invested by funds: $16.8B → $16.3B (-$454M)

3.99% less ownership

Funds ownership: 99.55%95.56% (-4%)

Holders
390
Holders Change
+4
Holders Change %
+1.04%
% of All Funds
10.4%
Holding in Top 10
36
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.96%
New
52
Increased
129
Reduced
125
Closed
40
Calls
$142M
Puts
$63.1M
Net Calls
+$79.2M
Net Calls Change
-$40M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.86B +$773M +26,849,662 +71%
ACM
2
Americafirst Capital Management
California
$1.54B +$1.34M +46,520 +649%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$1.12B +$50.5M +1,754,280 +5%
TCA
4
Tortoise Capital Advisors
Kansas
$853M +$32.3M +1,122,074 +4%
Goldman Sachs
5
Goldman Sachs
New York
$741M -$358M -12,427,838 -32%
O
6
OppenheimerFunds
New York
$714M -$10.8M -374,098 -1%
Citigroup
7
Citigroup
New York
$615M +$103M +3,586,586 +20%
SC
8
Sculptor Capital
New York
$612M +$153M +5,321,636 +33%
AR
9
Advisory Research
Illinois
$552M -$5.38M -186,862 -1%
HFA
10
Harvest Fund Advisors
Pennsylvania
$545M +$58.4M +2,029,026 +12%
ClearBridge Investments
11
ClearBridge Investments
New York
$452M -$21.3M -738,780 -4%
IG
12
ING Group
Netherlands
$421M -$73.7M -2,560,000 -15%
Deutsche Bank
13
Deutsche Bank
Germany
$405M -$48.9M -1,698,458 -11%
MHI
14
Miller Howard Investments
New York
$386M -$11.7M -405,600 -3%
KACA
15
Kayne Anderson Capital Advisors
California
$342M +$52.9M +1,835,200 +18%
Bank of America
16
Bank of America
North Carolina
$333M -$156M -5,420,962 -32%
UBS Group
17
UBS Group
Switzerland
$301M +$303M +10,506,922 New
CIBC Private Wealth Group
18
CIBC Private Wealth Group
Georgia
$290M -$19.6M -681,184 -6%
JP Morgan Chase
19
JP Morgan Chase
New York
$271M -$247M -8,578,854 -48%
SCA
20
Salient Capital Advisors
Texas
$221M +$22.3M +772,518 +11%
EGA
21
Eagle Global Advisors
Texas
$213M -$14.3M -497,770 -6%
CCM
22
Chickasaw Capital Management
Tennessee
$172M +$20.9M +724,820 +14%
NIM
23
NXG Investment Management
Texas
$168M -$19M -658,324 -10%
COPPSERS
24
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$146M -$330K -11,448 -0.2%
Barclays
25
Barclays
United Kingdom
$131M +$4.42M +153,596 +3%

ET Hedge Fund Activity: Q4 2014 in Review

390 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Energy Transfer Partners (ET) for Q4 2014, worth a combined $16.3B — down 2.7% from $16.8B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new ET positions and 40 closed out — a net gain of 12 holders — while 129 added to existing stakes and 125 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $773M. The largest seller was Mason Capital Management, exiting entirely with an estimated $532M sold.

  • 390 institutional investors held Energy Transfer Partners (ET) as of Q4 2014, up from 386 in Q3 2014.
  • Funds reported $16.3B of Energy Transfer Partners stock for Q4 2014, down 2.7% quarter-over-quarter.
  • 52 funds opened new Energy Transfer Partners positions in Q4 2014 and 40 closed out, a net change of +12 holders.
  • The largest Energy Transfer Partners buyer in Q4 2014 was Morgan Stanley, an estimated $773M added.
  • The largest Energy Transfer Partners seller in Q4 2014 was Mason Capital Management, an estimated $532M sold.

Based on aggregated 13F filings for Q4 2014.