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TCP

TC Pipelines LP
TCP

Delisted

TCP was delisted on the 2nd of March, 2021.

131 hedge funds and large institutions have $1.2B invested in TC Pipelines LP in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

369% more call options, than puts

Call options by funds: $1.27M | Put options by funds: $271K

1% less funds holding

Funds holding: 132131 (-1)

5% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 40

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

19% less capital invested

Capital invested by funds: $1.48B → $1.2B (-$274M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
131
Holders Change
-1
Holders Change %
-0.76%
% of All Funds
2.64%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
11
Increased
38
Reduced
40
Closed
12
Calls
$1.27M
Puts
$271K
Net Calls
+$999K
Net Calls Change
-$906K
Name Holding Trade Value Shares
Change
Change in
Stake
Rafferty Asset Management
51
Rafferty Asset Management
New York
$1.48M +$373K +12,242 +27%
State of Wisconsin Investment Board
52
State of Wisconsin Investment Board
Wisconsin
$1.47M -$1.03M -33,968 -37%
ADMI
53
Albert D. Mason Inc
Massachusetts
$1.23M -$1.06K -35 -0.1%
P
54
Pitcairn
Pennsylvania
$1.23M +$1.46M +48,000 New
Sumitomo Mitsui Trust Group
55
Sumitomo Mitsui Trust Group
Japan
$1.2M
FAAS
56
First Allied Advisory Services
California
$1.11M +$1.04M +34,170 +365%
B
57
Barings
North Carolina
$1.07M
SFI
58
Susquehanna Fundamental Investments
Pennsylvania
$1.05M +$1.25M +41,030 New
TIS
59
Tortoise Index Solutions
Kansas
$1.02M +$111K +3,650 +10%
VIA
60
Vident Investment Advisory
Georgia
$1.02M +$111K +3,650 +10%
Northern Trust
61
Northern Trust
Illinois
$980K -$17.9K -587 -2%
CM
62
Castleark Management
Illinois
$724K
BRWM
63
B. Riley Wealth Management
Tennessee
$701K -$14.6K -480 -2%
Susquehanna International Group
64
Susquehanna International Group
Pennsylvania
$695K +$271K +8,897 +49%
CIMLRA
65
CBRE Investment Management Listed Real Assets
Pennsylvania
$642K -$15.2K -500 -2%
BlackRock
66
BlackRock
New York
$583K +$53.9K +1,770 +8%
HM
67
Heronetta Management
New York
$550K +$457K +15,000 +231%
Royal Bank of Canada
68
Royal Bank of Canada
Ontario, Canada
$500K +$100K +3,286 +20%
CAPTRUST Financial Advisors
69
CAPTRUST Financial Advisors
North Carolina
$497K +$2.92K +96 +0.5%
TAM
70
Trust Asset Management
Texas
$459K
HighTower Advisors
71
HighTower Advisors
Illinois
$416K -$134K -4,416 -21%
LPL Financial
72
LPL Financial
California
$390K +$92.4K +3,035 +25%
RJA
73
Raymond James & Associates
Florida
$377K -$465K -15,291 -51%
SG Americas Securities
74
SG Americas Securities
New York
$374K +$445K +14,624 New
GC
75
Guggenheim Capital
Illinois
$348K -$148K -4,852 -26%

TCP Hedge Fund Activity: Q3 2020 in Review

131 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q3 2020, worth a combined $1.2B — down 19% from $1.48B a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of TCP and 11 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 38 added.

The largest buyer was Morgan Stanley, adding an estimated $15.3M. The largest seller was Bank of Montreal, cutting an estimated $13.5M.

  • 131 institutional investors held TC Pipelines LP (TCP) as of Q3 2020, down from 132 in Q2 2020.
  • Funds reported $1.2B of TC Pipelines LP stock for Q3 2020, down 19% quarter-over-quarter.
  • 11 funds opened new TC Pipelines LP positions in Q3 2020 and 12 closed out, a net change of -1 holder.
  • The largest TC Pipelines LP buyer in Q3 2020 was Morgan Stanley, an estimated $15.3M added.
  • The largest TC Pipelines LP seller in Q3 2020 was Bank of Montreal, an estimated $13.5M sold.

Based on aggregated 13F filings for Q3 2020.