Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
40 hedge funds and large institutions have $394M invested in Midcoast Energy Partners, L.P. in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
18% more funds holding
Funds holding: 34 → 40 (+6)
15% more capital invested
Capital invested by funds: $344M → $394M (+$50M)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
91% less call options, than puts
Call options by funds: $53K | Put options by funds: $574K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$11.3M |
| 3 |
ClearBridge Investments
New York
|
+$10.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.64M |
| 5 |
O
OppenheimerFunds
New York
|
+$8.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$9.33M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.25M |
| 4 |
Neuberger Berman Group
New York
|
-$3.23M |
| 5 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$3.09M |
MEP Hedge Fund Activity: Q1 2014 in Review
40 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q1 2014, worth a combined $394M — up 15% from $344M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MEP positions and 4 closed out — a net gain of 7 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $12.9M. The largest seller was Morgan Stanley, cutting an estimated $13M.
- 40 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q1 2014, up from 34 in Q4 2013.
- Funds reported $394M of Midcoast Energy Partners, L.P. stock for Q1 2014, up 15% quarter-over-quarter.
- 11 funds opened new Midcoast Energy Partners, L.P. positions in Q1 2014 and 4 closed out, a net change of +7 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q1 2014 was Acadian Asset Management, an estimated $12.9M added.
- The largest Midcoast Energy Partners, L.P. seller in Q1 2014 was Morgan Stanley, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2014.