Midcoast Energy Partners, L.P.
MEP
MEP was delisted on the 26th of April, 2017.
35 hedge funds and large institutions have $101M invested in Midcoast Energy Partners, L.P. in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 7 closing their positions.
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
3% less funds holding
Funds holding: 36 → 35 (-1)
18% less capital invested
Capital invested by funds: $123M → $101M (-$21.5M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
69% less call options, than puts
Call options by funds: $163K | Put options by funds: $522K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCFA
BP Capital Fund Advisors
Dallas,
Texas
|
+$463K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$159K |
| 3 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$158K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$121K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$902K |
| 2 |
Morgan Stanley
New York
|
-$859K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$848K |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$251K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$245K |
MEP Hedge Fund Activity: Q4 2016 in Review
35 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Midcoast Energy Partners, L.P. (MEP) for Q4 2016, worth a combined $101M — down 18% from $123M a quarter earlier.
Fund positioning in MEP was balanced in Q4 2016: 7 funds opened new positions, 7 closed out, 7 added to existing stakes and 13 trimmed.
The largest buyer was BP Capital Fund Advisors, opening a new position worth an estimated $463K. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $902K.
- 35 institutional investors held Midcoast Energy Partners, L.P. (MEP) as of Q4 2016, down from 36 in Q3 2016.
- Funds reported $101M of Midcoast Energy Partners, L.P. stock for Q4 2016, down 18% quarter-over-quarter.
- 7 funds opened new Midcoast Energy Partners, L.P. positions in Q4 2016 and 7 closed out, a net change of 0 holders.
- The largest Midcoast Energy Partners, L.P. buyer in Q4 2016 was BP Capital Fund Advisors, an estimated $463K added.
- The largest Midcoast Energy Partners, L.P. seller in Q4 2016 was Kayne Anderson Capital Advisors, an estimated $902K sold.
Based on aggregated 13F filings for Q4 2016.