Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
37 hedge funds and large institutions have $127M invested in Midcoast Energy Partners, L.P. in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 35 → 37 (+2)
7% less call options, than puts
Call options by funds: $539K | Put options by funds: $578K
1.3% less ownership
Funds ownership: 67.12% → 65.82% (-1.3%)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
42% less capital inflows, than outflows
Capital inflows: $2.52M | Capital outflows: $4.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$936K |
| 2 |
Morgan Stanley
New York
|
+$705K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$360K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$181K |
| 5 |
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$95.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$1.48M |
| 2 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$593K |
| 3 |
SFE Investment Counsel
Los Angeles,
California
|
-$554K |
| 4 |
Eagle Global Advisors
Houston,
Texas
|
-$305K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$270K |
MEP Hedge Fund Activity: Q2 2016 in Review
37 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q2 2016, worth a combined $127M — up 62% from $78.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MEP positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $936K. The largest seller was CIBC Private Wealth Group, cutting an estimated $1.48M.
- 37 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q2 2016, up from 35 in Q1 2016.
- Funds reported $127M of Midcoast Energy Partners, L.P. stock for Q2 2016, up 62% quarter-over-quarter.
- 7 funds opened new Midcoast Energy Partners, L.P. positions in Q2 2016 and 5 closed out, a net change of +2 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q2 2016 was Cohen & Steers, an estimated $936K added.
- The largest Midcoast Energy Partners, L.P. seller in Q2 2016 was CIBC Private Wealth Group, an estimated $1.48M sold.
Based on aggregated 13F filings for Q2 2016.