Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
37 hedge funds and large institutions have $166M invested in Midcoast Energy Partners, L.P. in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 13 closing their positions.
186% more call options, than puts
Call options by funds: $680K | Put options by funds: $238K
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
24% less funds holding
Funds holding: 49 → 37 (-12)
27% less capital invested
Capital invested by funds: $227M → $166M (-$60.6M)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$5.52M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$1.03M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$294K |
| 4 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$234K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$4.49M |
| 2 |
Neuberger Berman Group
New York
|
-$2.83M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.67M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.21M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$1.9M |
MEP Hedge Fund Activity: Q2 2015 in Review
37 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q2 2015, worth a combined $166M — down 27% from $227M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MEP and 1 opened new positions — a net loss of 12 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was CIBC Private Wealth Group, adding an estimated $5.52M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $4.49M.
- 37 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q2 2015, down from 49 in Q1 2015.
- Funds reported $166M of Midcoast Energy Partners, L.P. stock for Q2 2015, down 27% quarter-over-quarter.
- 1 fund opened new Midcoast Energy Partners, L.P. positions in Q2 2015 and 13 closed out, a net change of -12 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q2 2015 was CIBC Private Wealth Group, an estimated $5.52M added.
- The largest Midcoast Energy Partners, L.P. seller in Q2 2015 was Kayne Anderson Capital Advisors, an estimated $4.49M sold.
Based on aggregated 13F filings for Q2 2015.