TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
158 hedge funds and large institutions have $2.34B invested in TC Pipelines LP in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 25 closing their positions.
47% more call options, than puts
Call options by funds: $5.19M | Put options by funds: $3.54M
5% less funds holding
Funds holding: 167 → 158 (-9)
12% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 49
22% less capital invested
Capital invested by funds: $3B → $2.34B (-$668M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$40.4M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$14.8M |
| 3 |
Citigroup
New York
|
+$13.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$11.3M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$478M |
| 2 |
ClearBridge Investments
New York
|
-$23.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.5M |
| 4 |
JP Morgan Chase
New York
|
-$6.42M |
| 5 |
Millennium Management
New York
|
-$5.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UR
176
USCA RIA
Houston,
Texas
| – | -$214K | -3,000 | Closed |
|
|
WB
177
WesBanco Bank
Wheeling,
West Virginia
| – | -$214K | -3,000 | Closed |
|
|
DC
178
Deere & Company
Moline,
Illinois
| – | -$204K | -2,860 | Closed |
|
|
CFMC
179
Curbstone Financial Management Corp
Manchester,
New Hampshire
| – | -$203K | -2,850 | Closed |
|
|
MC
180
Moors & Cabot
Boston,
Massachusetts
| – | -$200K | -2,813 | Closed |
|
|
TRCT
181
Tower Research Capital (TRC)
New York
| – | -$96K | -1,350 | Closed |
|
182
Simplex Trading
Chicago,
Illinois
| – | -$40.8K | -622 | Closed |
|
|
PFG
183
Pacific Financial Group
Bellevue,
Washington
| – | -$14K | -200 | Closed |
|
184
Walleye Trading
New York
| – | -$7.47K | -114 | Closed |
|
|
FMP
185
Financial Management Professionals
Austin,
Texas
| – | -$1K | -7 | Closed |
|
TCP Hedge Fund Activity: Q1 2015 in Review
158 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q1 2015, worth a combined $2.34B — down 22% from $3B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TCP and 17 opened new positions — a net loss of 8 holders — while 49 trimmed existing stakes and 43 added.
The largest buyer was Center Coast Capital Advisors, adding an estimated $40.4M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $478M sold.
- 158 institutional investors held TC Pipelines LP (TCP) as of Q1 2015, down from 167 in Q4 2014.
- Funds reported $2.34B of TC Pipelines LP stock for Q1 2015, down 22% quarter-over-quarter.
- 17 funds opened new TC Pipelines LP positions in Q1 2015 and 25 closed out, a net change of -8 holders.
- The largest TC Pipelines LP buyer in Q1 2015 was Center Coast Capital Advisors, an estimated $40.4M added.
- The largest TC Pipelines LP seller in Q1 2015 was Americafirst Capital Management, an estimated $478M sold.
Based on aggregated 13F filings for Q1 2015.