Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
46 hedge funds and large institutions have $417M invested in Midcoast Energy Partners, L.P. in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
15% more funds holding
Funds holding: 40 → 46 (+6)
6% more capital invested
Capital invested by funds: $394M → $417M (+$22.6M)
5% less call options, than puts
Call options by funds: $766K | Put options by funds: $803K
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$34.8M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$8.51M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$4.74M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.85M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$13.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.3M |
| 3 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$12.2M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$5.99M |
| 5 |
Morgan Stanley
New York
|
-$5.21M |
MEP Hedge Fund Activity: Q2 2014 in Review
46 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q2 2014, worth a combined $417M — up 5.7% from $394M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MEP positions and 3 closed out — a net gain of 6 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $34.8M. The largest seller was Neuberger Berman Group, cutting an estimated $13.3M.
- 46 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q2 2014, up from 40 in Q1 2014.
- Funds reported $417M of Midcoast Energy Partners, L.P. stock for Q2 2014, up 5.7% quarter-over-quarter.
- 9 funds opened new Midcoast Energy Partners, L.P. positions in Q2 2014 and 3 closed out, a net change of +6 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q2 2014 was Kayne Anderson Capital Advisors, an estimated $34.8M added.
- The largest Midcoast Energy Partners, L.P. seller in Q2 2014 was Neuberger Berman Group, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2014.