Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
49 hedge funds and large institutions have $227M invested in Midcoast Energy Partners, L.P. in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
11% more funds holding
Funds holding: 44 → 49 (+5)
4% less capital invested
Capital invested by funds: $236M → $227M (-$9.9M)
4% less call options, than puts
Call options by funds: $480K | Put options by funds: $501K
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$2.52M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.49M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$799K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$721K |
| 5 |
Goldman Sachs
New York
|
+$544K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$8.97M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$4.86M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.11M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$2.09M |
| 5 |
NC
NBW Capital
Boston,
Massachusetts
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NC
51
NBW Capital
Boston,
Massachusetts
| – | -$1.56M | -114,163 | Closed |
|
|
RFC
52
Russell Frank Company
Seattle,
Washington
| – | -$732K | -54,817 | Closed |
|
|
HCMT
53
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$704K | -51,447 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$502K | -36,784 | Closed |
|
|
BGA
55
Belmont Global Advisors
Dallas,
Texas
| – | -$420K | -30,700 | Closed |
|
|
PG
56
PEAK6 Group
Chicago,
Illinois
| – | -$194K | -14,210 | Closed |
|
|
VKH
57
Virtu KCG Holdings
New York
| – | -$165K | -12,055 | Closed |
|
58
Citigroup
New York
| – | -$4.12K | -302 | -90% |
|
MEP Hedge Fund Activity: Q1 2015 in Review
49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q1 2015, worth a combined $227M — down 4.2% from $236M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MEP positions and 8 closed out — a net gain of 5 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $2.52M. The largest seller was Neuberger Berman Group, cutting an estimated $8.97M.
- 49 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q1 2015, up from 44 in Q4 2014.
- Funds reported $227M of Midcoast Energy Partners, L.P. stock for Q1 2015, down 4.2% quarter-over-quarter.
- 13 funds opened new Midcoast Energy Partners, L.P. positions in Q1 2015 and 8 closed out, a net change of +5 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q1 2015 was Kayne Anderson Capital Advisors, an estimated $2.52M added.
- The largest Midcoast Energy Partners, L.P. seller in Q1 2015 was Neuberger Berman Group, an estimated $8.97M sold.
Based on aggregated 13F filings for Q1 2015.