Magellan Midstream Partners, L.P.
MMP was delisted on the 22nd of September, 2023.
577 hedge funds and large institutions have $5.93B invested in Magellan Midstream Partners, L.P. in 2020 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 135 increasing their positions, 209 reducing their positions, and 39 closing their positions.
164% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 39
24% more capital invested
Capital invested by funds: $4.77B → $5.93B (+$1.15B)
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
11% more funds holding
Funds holding: 520 → 577 (+57)
15% less call options, than puts
Call options by funds: $70.4M | Put options by funds: $82.6M
35% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 209
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$63.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.3M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$44.1M |
| 4 |
N
Natixis
Paris,
France
|
+$35M |
| 5 |
First Eagle Investment Management
New York
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$71.2M |
| 2 |
Morgan Stanley
New York
|
-$55.3M |
| 3 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$22M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$20M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$19.2M |
MMP Hedge Fund Activity: Q4 2020 in Review
577 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Magellan Midstream Partners, L.P. (MMP) for Q4 2020, worth a combined $5.93B — up 24% from $4.77B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new MMP positions and 39 closed out — a net gain of 64 holders — while 135 added to existing stakes and 209 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $63.9M. The largest seller was Tortoise Capital Advisors, cutting an estimated $71.2M.
- 577 institutional investors held Magellan Midstream Partners, L.P. (MMP) as of Q4 2020, up from 520 in Q3 2020.
- Funds reported $5.93B of Magellan Midstream Partners, L.P. stock for Q4 2020, up 24% quarter-over-quarter.
- 103 funds opened new Magellan Midstream Partners, L.P. positions in Q4 2020 and 39 closed out, a net change of +64 holders.
- The largest Magellan Midstream Partners, L.P. buyer in Q4 2020 was Energy Income Partners, an estimated $63.9M added.
- The largest Magellan Midstream Partners, L.P. seller in Q4 2020 was Tortoise Capital Advisors, an estimated $71.2M sold.
Based on aggregated 13F filings for Q4 2020.