TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
165 hedge funds and large institutions have $2.21B invested in TC Pipelines LP in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 65 increasing their positions, 39 reducing their positions, and 14 closing their positions.
69% more call options, than puts
Call options by funds: $5.21M | Put options by funds: $3.08M
67% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 39
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2% more capital invested
Capital invested by funds: $2.17B → $2.21B (+$38.9M)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 169 → 165 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$37.1M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$26.3M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$8.63M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.17M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$13.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$9.69M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$9.43M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.62M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$4.29M |
TCP Hedge Fund Activity: Q3 2016 in Review
165 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q3 2016, worth a combined $2.21B — up 1.8% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TCP and 13 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 65 added.
The largest buyer was Center Coast Capital Advisors, adding an estimated $37.1M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $13.1M.
- 165 institutional investors held TC Pipelines LP (TCP) as of Q3 2016, down from 169 in Q2 2016.
- Funds reported $2.21B of TC Pipelines LP stock for Q3 2016, up 1.8% quarter-over-quarter.
- 13 funds opened new TC Pipelines LP positions in Q3 2016 and 14 closed out, a net change of -1 holder.
- The largest TC Pipelines LP buyer in Q3 2016 was Center Coast Capital Advisors, an estimated $37.1M added.
- The largest TC Pipelines LP seller in Q3 2016 was Kayne Anderson Capital Advisors, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2016.