TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
140 hedge funds and large institutions have $1.55B invested in TC Pipelines LP in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more call options, than puts
Call options by funds: $6.28M | Put options by funds: $4.25M
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% less funds holding
Funds holding: 141 → 140 (-1)
1% less capital invested
Capital invested by funds: $1.58B → $1.55B (-$23M)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$59.4M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$34.2M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$5.21M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$4.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$65.9M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$39.7M |
| 3 |
JP Morgan Chase
New York
|
-$3.72M |
| 4 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
-$3.23M |
| 5 |
Jane Street
New York
|
-$3.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFM
151
Hartford Financial Management
Hartford,
Connecticut
| – | -$136K | -2,800 | Closed |
|
152
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$81K | -1,667 | Closed |
|
|
WRM
153
Westport Resources Management
Westport,
Connecticut
| – | -$34K | -700 | Closed |
|
|
RIA
154
Regal Investment Advisors
Kentwood,
Michigan
| – | -$10K | -202 | Closed |
|
155
Group One Trading
Chicago,
Illinois
| – | -$9.61K | -200 | Closed |
|
TCP Hedge Fund Activity: Q4 2013 in Review
140 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q4 2013, worth a combined $1.55B — down 1.5% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TCP positions and 14 closed out — a net gain of 1 holder — while 43 added to existing stakes and 44 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $59.4M. The largest seller was Tortoise Capital Advisors, exiting entirely with an estimated $65.9M sold.
- 140 institutional investors held TC Pipelines LP (TCP) as of Q4 2013, down from 141 in Q3 2013.
- Funds reported $1.55B of TC Pipelines LP stock for Q4 2013, down 1.5% quarter-over-quarter.
- 15 funds opened new TC Pipelines LP positions in Q4 2013 and 14 closed out, a net change of +1 holder.
- The largest TC Pipelines LP buyer in Q4 2013 was OppenheimerFunds, an estimated $59.4M added.
- The largest TC Pipelines LP seller in Q4 2013 was Tortoise Capital Advisors, an estimated $65.9M sold.
Based on aggregated 13F filings for Q4 2013.