TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
131 hedge funds and large institutions have $1.97B invested in TC Pipelines LP in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 20 closing their positions.
362% more call options, than puts
Call options by funds: $4.72M | Put options by funds: $1.02M
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
6% more capital invested
Capital invested by funds: $1.86B → $1.97B (+$116M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 135 → 131 (-4)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$105M |
| 2 |
Goldman Sachs
New York
|
+$55M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$11.3M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$189M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$10.9M |
| 3 |
Citigroup
New York
|
-$2.44M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.99M |
| 5 |
TA
Tiedemann Advisors
New York
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Fidelity Investments
Boston,
Massachusetts
| – | +$40 | +1 | New |
|
TCP Hedge Fund Activity: Q4 2019 in Review
131 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q4 2019, worth a combined $1.97B — up 6.2% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TCP and 18 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 38 added.
The largest buyer was Harvest Fund Advisors, opening a new position worth an estimated $105M. The largest seller was Invesco, cutting an estimated $189M.
- 131 institutional investors held TC Pipelines LP (TCP) as of Q4 2019, down from 135 in Q3 2019.
- Funds reported $1.97B of TC Pipelines LP stock for Q4 2019, up 6.2% quarter-over-quarter.
- 18 funds opened new TC Pipelines LP positions in Q4 2019 and 20 closed out, a net change of -2 holders.
- The largest TC Pipelines LP buyer in Q4 2019 was Harvest Fund Advisors, an estimated $105M added.
- The largest TC Pipelines LP seller in Q4 2019 was Invesco, an estimated $189M sold.
Based on aggregated 13F filings for Q4 2019.