TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
135 hedge funds and large institutions have $1.86B invested in TC Pipelines LP in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 26 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
54% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 26
24% more call options, than puts
Call options by funds: $3.78M | Put options by funds: $3.06M
8% more funds holding
Funds holding: 125 → 135 (+10)
5% more capital invested
Capital invested by funds: $1.77B → $1.86B (+$83.7M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$69.8M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$46.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.84M |
| 4 |
Morgan Stanley
New York
|
+$7.7M |
| 5 |
ICA
Infrastructure Capital Advisors
New York
|
+$6.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$130M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$114M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$7.48M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.79M |
| 5 |
Renaissance Technologies
New York
|
-$4.03M |
TCP Hedge Fund Activity: Q3 2019 in Review
135 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q3 2019, worth a combined $1.86B — up 4.7% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TCP positions and 10 closed out — a net gain of 10 holders — while 40 added to existing stakes and 26 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $69.8M. The largest seller was Invesco, cutting an estimated $130M.
- 135 institutional investors held TC Pipelines LP (TCP) as of Q3 2019, up from 125 in Q2 2019.
- Funds reported $1.86B of TC Pipelines LP stock for Q3 2019, up 4.7% quarter-over-quarter.
- 20 funds opened new TC Pipelines LP positions in Q3 2019 and 10 closed out, a net change of +10 holders.
- The largest TC Pipelines LP buyer in Q3 2019 was ALPS Advisors, an estimated $69.8M added.
- The largest TC Pipelines LP seller in Q3 2019 was Invesco, an estimated $130M sold.
Based on aggregated 13F filings for Q3 2019.