TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
167 hedge funds and large institutions have $3B invested in TC Pipelines LP in 2014 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 13 closing their positions.
146% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 13
8% more funds holding
Funds holding: 154 → 167 (+13)
8% more call options, than puts
Call options by funds: $7.01M | Put options by funds: $6.51M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
16% less capital invested
Capital invested by funds: $3.58B → $3B (-$580M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$203M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$11.3M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$6.62M |
| 4 |
Millennium Management
New York
|
+$6.18M |
| 5 |
JP Morgan Chase
New York
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$101M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$51.8M |
| 3 |
Citigroup
New York
|
-$15.8M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$13.9M |
| 5 |
Jane Street
New York
|
-$13.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
176
Clinton Group
New York
| – | -$375K | -5,535 | Closed |
|
177
Brown Advisory
Baltimore,
Maryland
| – | -$271K | -4,000 | Closed |
|
178
Parallax Volatility Advisers
San Francisco,
California
| – | -$208K | -3,033 | Closed |
|
|
CCS
179
Crosspoint Capital Strategies
Orinda,
California
| – | -$176K | -2,601 | Closed |
|
|
GT
180
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$54K | -800 | Closed |
|
|
BF
181
BOK Financial
Tulsa,
Oklahoma
| – | -$33K | -500 | Closed |
|
|
ST
182
Spot Trading
Chicago,
Illinois
| – | -$8K | -124 | Closed |
|
TCP Hedge Fund Activity: Q4 2014 in Review
167 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q4 2014, worth a combined $3B — down 16% from $3.58B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TCP positions and 13 closed out — a net gain of 19 holders — while 44 added to existing stakes and 46 trimmed.
The largest buyer was ALPS Advisors, opening a new position worth an estimated $203M. The largest seller was OppenheimerFunds, cutting an estimated $101M.
- 167 institutional investors held TC Pipelines LP (TCP) as of Q4 2014, up from 154 in Q3 2014.
- Funds reported $3B of TC Pipelines LP stock for Q4 2014, down 16% quarter-over-quarter.
- 32 funds opened new TC Pipelines LP positions in Q4 2014 and 13 closed out, a net change of +19 holders.
- The largest TC Pipelines LP buyer in Q4 2014 was ALPS Advisors, an estimated $203M added.
- The largest TC Pipelines LP seller in Q4 2014 was OppenheimerFunds, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2014.