Energy Transfer Partners L.p.
ETP
ETP was delisted on the 27th of April, 2017.
29 hedge funds and large institutions have $767M invested in Energy Transfer Partners L.p. in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 15 closing their positions.
18% more call options, than puts
Call options by funds: $2.81M | Put options by funds: $2.38M
18% less capital invested
Capital invested by funds: $937M → $767M (-$170M)
28% less funds holding
Funds holding: 40 → 29 (-11)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$1.64M |
| 2 |
IIC
Ironwood Investment Counsel
Scottsdale,
Arizona
|
+$580K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$518K |
| 4 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$243K |
| 5 |
ARMC
American Research & Management Company
Marion,
Massachusetts
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$56.6M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$8.95M |
| 3 |
WPEP
Walnut Private Equity Partners
Omaha,
Nebraska
|
-$4.33M |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$3.17M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$1.98M |
ETP Hedge Fund Activity: Q3 2017 in Review
29 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Energy Transfer Partners L.p. (ETP) for Q3 2017, worth a combined $767M — down 18% from $937M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ETP and 4 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Old West Investment Management, opening a new position worth an estimated $1.64M. The largest seller was Tortoise Capital Advisors, cutting an estimated $56.6M.
- 29 institutional investors held Energy Transfer Partners L.p. (ETP) as of Q3 2017, down from 40 in Q2 2017.
- Funds reported $767M of Energy Transfer Partners L.p. stock for Q3 2017, down 18% quarter-over-quarter.
- 4 funds opened new Energy Transfer Partners L.p. positions in Q3 2017 and 15 closed out, a net change of -11 holders.
- The largest Energy Transfer Partners L.p. buyer in Q3 2017 was Old West Investment Management, an estimated $1.64M added.
- The largest Energy Transfer Partners L.p. seller in Q3 2017 was Tortoise Capital Advisors, an estimated $56.6M sold.
Based on aggregated 13F filings for Q3 2017.