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Energy Transfer Partners

770 hedge funds and large institutions have $5.87B invested in Energy Transfer Partners in 2020 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 271 increasing their positions, 252 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more call options, than puts

Call options by funds: $168M | Put options by funds: $72.6M

8% more repeat investments, than reductions

Existing positions increased: 271 | Existing positions reduced: 252

3% less funds holding

Funds holding: 795770 (-25)

5.73% less ownership

Funds ownership: 52.62%46.89% (-5.7%)

13% less first-time investments, than exits

New positions opened: 102 | Existing positions closed: 117

44% less funds holding in top 10

Funds holding in top 10: 5531 (-24)

68% less capital invested

Capital invested by funds: $18.1B → $5.87B (-$12.3B)

Holders
770
Holders Change
-25
Holders Change %
-3.14%
% of All Funds
16.97%
Holding in Top 10
31
Holding in Top 10 Change
-24
Holding in Top 10 Change %
-43.64%
% of All Funds
0.68%
New
102
Increased
271
Reduced
252
Closed
117
Calls
$168M
Puts
$72.6M
Net Calls
+$95.2M
Net Calls Change
-$161M
Name Holding Trade Value Shares
Change
Change in
Stake
HFA
1
Harvest Fund Advisors
Pennsylvania
$471M -$64.8M -6,082,256 -6%
Blackstone Inc
2
Blackstone Inc
New York
$379M +$877M +82,309,944 New
Goldman Sachs
3
Goldman Sachs
New York
$332M -$429M -40,255,569 -36%
UBS Group
4
UBS Group
Switzerland
$321M +$95.2M +8,934,326 +15%
TCA
5
Tortoise Capital Advisors
Kansas
$298M -$437M -41,038,659 -39%
Invesco
6
Invesco
Georgia
$278M +$321K +30,087 +0%
Morgan Stanley
7
Morgan Stanley
New York
$259M -$14.5M -1,363,335 -2%
AA
8
ALPS Advisors
Colorado
$258M -$70M -6,572,146 -10%
JP Morgan Chase
9
JP Morgan Chase
New York
$205M +$136M +12,773,648 +40%
Bank of America
10
Bank of America
North Carolina
$155M -$94.9M -8,909,473 -21%
Comerica Bank
11
Comerica Bank
Texas
$144M +$40.4K +3,795 +0%
KACA
12
Kayne Anderson Capital Advisors
California
$135M -$130M -12,182,599 -29%
N
13
Natixis
France
$130M -$24.9M -2,338,330 -8%
CCM
14
Chickasaw Capital Management
Tennessee
$126M -$20.3M -1,901,711 -6%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$116M -$12.3M -1,155,577 -4%
Citigroup
16
Citigroup
New York
$107M +$92.4M +8,671,424 +59%
CIBC Private Wealth Group
17
CIBC Private Wealth Group
Georgia
$104M -$160M -14,997,067 -40%
BPSG
18
Brookfield Public Securities Group
New York
$99.9M -$89.5M -8,403,101 -28%
ClearBridge Investments
19
ClearBridge Investments
New York
$95M -$72.5M -6,808,430 -25%
SCA
20
Salient Capital Advisors
Texas
$78.1M -$49.8M -4,671,783 -22%
AL
21
Appaloosa LP
New Jersey
$74.9M +$53.9M +5,057,612 +45%
EIP
22
Energy Income Partners
Connecticut
$72.2M +$8.04M +754,096 +5%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$66.3M -$353M -33,131,909 -72%
ACM
24
Abrams Capital Management
Massachusetts
$62.2M +$144M +13,527,492 New
CS
25
Credit Suisse
Switzerland
$57.3M -$92M -8,638,650 -41%

ET Hedge Fund Activity: Q1 2020 in Review

770 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Energy Transfer Partners (ET) for Q1 2020, worth a combined $5.87B — down 68% from $18.1B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of ET and 102 opened new positions — a net loss of 15 holders — while 252 trimmed existing stakes and 271 added.

The largest buyer was Blackstone Inc, opening a new position worth an estimated $877M. The largest seller was Tortoise Capital Advisors, cutting an estimated $437M.

  • 770 institutional investors held Energy Transfer Partners (ET) as of Q1 2020, down from 795 in Q4 2019.
  • Funds reported $5.87B of Energy Transfer Partners stock for Q1 2020, down 68% quarter-over-quarter.
  • 102 funds opened new Energy Transfer Partners positions in Q1 2020 and 117 closed out, a net change of -15 holders.
  • The largest Energy Transfer Partners buyer in Q1 2020 was Blackstone Inc, an estimated $877M added.
  • The largest Energy Transfer Partners seller in Q1 2020 was Tortoise Capital Advisors, an estimated $437M sold.

Based on aggregated 13F filings for Q1 2020.