Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
44 hedge funds and large institutions have $236M invested in Midcoast Energy Partners, L.P. in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 10 closing their positions.
47% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $917K
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
8% less funds holding
Funds holding: 48 → 44 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
43% less capital invested
Capital invested by funds: $412M → $236M (-$176M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$13.2M |
| 2 |
ClearBridge Investments
New York
|
+$7.86M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$5.11M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$2.56M |
| 5 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$29.4M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$9.32M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.99M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.66M |
| 5 |
Morgan Stanley
New York
|
-$4.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Group One Trading
Chicago,
Illinois
| – | -$49.9K | -3,020 | Closed |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$67K | -3,000 | Closed |
|
53
Walleye Trading
New York
| – | -$30.3K | -1,835 | Closed |
|
|
PAM
54
Panagora Asset Management
Boston,
Massachusetts
| – | -$35K | -1,575 | Closed |
|
MEP Hedge Fund Activity: Q4 2014 in Review
44 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q4 2014, worth a combined $236M — down 43% from $412M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MEP and 8 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $13.2M. The largest seller was Center Coast Capital Advisors, exiting entirely with an estimated $29.4M sold.
- 44 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q4 2014, down from 48 in Q3 2014.
- Funds reported $236M of Midcoast Energy Partners, L.P. stock for Q4 2014, down 43% quarter-over-quarter.
- 8 funds opened new Midcoast Energy Partners, L.P. positions in Q4 2014 and 10 closed out, a net change of -2 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q4 2014 was Kayne Anderson Capital Advisors, an estimated $13.2M added.
- The largest Midcoast Energy Partners, L.P. seller in Q4 2014 was Center Coast Capital Advisors, an estimated $29.4M sold.
Based on aggregated 13F filings for Q4 2014.