TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
141 hedge funds and large institutions have $1.58B invested in TC Pipelines LP in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $1.46B → $1.58B (+$115M)
1% more funds holding
Funds holding: 139 → 141 (+2)
8% more call options, than puts
Call options by funds: $6.28M | Put options by funds: $5.83M
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$62M |
| 2 |
ClearBridge Investments
New York
|
+$31.1M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$9.14M |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
+$8.54M |
| 5 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$7.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$15.8M |
| 2 |
Renaissance Technologies
New York
|
-$8.55M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.94M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$3.66M |
| 5 |
JP Morgan Chase
New York
|
-$1.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -63 | Closed |
|
TCP Hedge Fund Activity: Q3 2013 in Review
141 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q3 2013, worth a combined $1.58B — up 7.8% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TCP positions and 9 closed out — a net gain of 3 holders — while 43 added to existing stakes and 47 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $62M. The largest seller was Tortoise Capital Advisors, cutting an estimated $15.8M.
- 141 institutional investors held TC Pipelines LP (TCP) as of Q3 2013, up from 139 in Q2 2013.
- Funds reported $1.58B of TC Pipelines LP stock for Q3 2013, up 7.8% quarter-over-quarter.
- 12 funds opened new TC Pipelines LP positions in Q3 2013 and 9 closed out, a net change of +3 holders.
- The largest TC Pipelines LP buyer in Q3 2013 was OppenheimerFunds, an estimated $62M added.
- The largest TC Pipelines LP seller in Q3 2013 was Tortoise Capital Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2013.