Spectra Engy Parters Lp
SEP
SEP was delisted on the 14th of December, 2018.
254 hedge funds and large institutions have $2.07B invested in Spectra Engy Parters Lp in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 91 increasing their positions, 77 reducing their positions, and 33 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 77
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
1% less funds holding
Funds holding: 257 → 254 (-3)
19% less capital invested
Capital invested by funds: $2.55B → $2.07B (-$488M)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
69% less call options, than puts
Call options by funds: $3.73M | Put options by funds: $12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$231M |
| 2 |
ClearBridge Investments
New York
|
+$33.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$21.7M |
| 4 |
O
OppenheimerFunds
New York
|
+$11.4M |
| 5 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$79.6M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$71.3M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$37.6M |
| 4 |
Goldman Sachs
New York
|
-$31M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$17.9M |
SEP Hedge Fund Activity: Q1 2018 in Review
254 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Spectra Engy Parters Lp (SEP) for Q1 2018, worth a combined $2.07B — down 19% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SEP positions and 33 closed out — a net gain of 1 holder — while 91 added to existing stakes and 77 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $231M. The largest seller was Blackstone Inc, exiting entirely with an estimated $79.6M sold.
- 254 institutional investors held Spectra Engy Parters Lp (SEP) as of Q1 2018, down from 257 in Q4 2017.
- Funds reported $2.07B of Spectra Engy Parters Lp stock for Q1 2018, down 19% quarter-over-quarter.
- 34 funds opened new Spectra Engy Parters Lp positions in Q1 2018 and 33 closed out, a net change of +1 holder.
- The largest Spectra Engy Parters Lp buyer in Q1 2018 was Brookfield Corp, an estimated $231M added.
- The largest Spectra Engy Parters Lp seller in Q1 2018 was Blackstone Inc, an estimated $79.6M sold.
Based on aggregated 13F filings for Q1 2018.