TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
127 hedge funds and large institutions have $1.36B invested in TC Pipelines LP in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 22 closing their positions.
13% more capital invested
Capital invested by funds: $1.2B → $1.36B (+$159M)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
3% less funds holding
Funds holding: 131 → 127 (-4)
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $2.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$38.9M |
| 2 |
Blackstone Inc
New York
|
+$30.9M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$16.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.4M |
| 5 |
Citigroup
New York
|
+$9.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$16.5M |
| 2 |
TA
Tiedemann Advisors
New York
|
-$16.1M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
-$12.3M |
| 4 |
Morgan Stanley
New York
|
-$12.1M |
| 5 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$10.8M |
TCP Hedge Fund Activity: Q4 2020 in Review
127 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q4 2020, worth a combined $1.36B — up 13% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TCP and 20 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 30 added.
The largest buyer was Credit Suisse, adding an estimated $38.9M. The largest seller was UBS Group, cutting an estimated $16.5M.
- 127 institutional investors held TC Pipelines LP (TCP) as of Q4 2020, down from 131 in Q3 2020.
- Funds reported $1.36B of TC Pipelines LP stock for Q4 2020, up 13% quarter-over-quarter.
- 20 funds opened new TC Pipelines LP positions in Q4 2020 and 22 closed out, a net change of -2 holders.
- The largest TC Pipelines LP buyer in Q4 2020 was Credit Suisse, an estimated $38.9M added.
- The largest TC Pipelines LP seller in Q4 2020 was UBS Group, an estimated $16.5M sold.
Based on aggregated 13F filings for Q4 2020.