TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
169 hedge funds and large institutions have $2.17B invested in TC Pipelines LP in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 15 closing their positions.
95% more call options, than puts
Call options by funds: $5.02M | Put options by funds: $2.58M
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
24% more capital invested
Capital invested by funds: $1.76B → $2.17B (+$415M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
6% more funds holding
Funds holding: 159 → 169 (+10)
13% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$33.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$16.6M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$16M |
| 4 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$15.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$22.4M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
-$7.9M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$5.37M |
| 4 |
Morgan Stanley
New York
|
-$4.26M |
| 5 |
Goldman Sachs
New York
|
-$4.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$321K | -5,922 | Closed |
|
177
Citadel Advisors
Miami,
Florida
| – | -$285K | -5,908 | Closed |
|
178
Bank of New York Mellon
New York
| – | -$227K | -4,701 | Closed |
|
|
AIG
179
American International Group
New York
| – | -$209K | -4,341 | Closed |
|
|
WTC
180
WhitTier Trust Company
Reno,
Nevada
| – | -$30K | -616 | Closed |
|
|
HIM
181
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$29K | -600 | Closed |
|
|
TFA
182
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$28K | -570 | Closed |
|
|
ATC
183
Adirondack Trust Company
Saratoga Springs,
New York
| – | -$24K | -500 | Closed |
|
|
PMFA
184
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$6K | -124 | Closed |
|
|
TRCT
185
Tower Research Capital (TRC)
New York
| – | -$1K | -12 | Closed |
|
TCP Hedge Fund Activity: Q2 2016 in Review
169 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q2 2016, worth a combined $2.17B — up 24% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TCP positions and 15 closed out — a net gain of 11 holders — while 47 added to existing stakes and 54 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $33.6M. The largest seller was Advisory Research, cutting an estimated $22.4M.
- 169 institutional investors held TC Pipelines LP (TCP) as of Q2 2016, up from 159 in Q1 2016.
- Funds reported $2.17B of TC Pipelines LP stock for Q2 2016, up 24% quarter-over-quarter.
- 26 funds opened new TC Pipelines LP positions in Q2 2016 and 15 closed out, a net change of +11 holders.
- The largest TC Pipelines LP buyer in Q2 2016 was OppenheimerFunds, an estimated $33.6M added.
- The largest TC Pipelines LP seller in Q2 2016 was Advisory Research, an estimated $22.4M sold.
Based on aggregated 13F filings for Q2 2016.