TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
151 hedge funds and large institutions have $2.02B invested in TC Pipelines LP in 2015 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 50 reducing their positions, and 20 closing their positions.
84% more call options, than puts
Call options by funds: $7.81M | Put options by funds: $4.25M
4% less funds holding
Funds holding: 158 → 151 (-7)
14% less capital invested
Capital invested by funds: $2.34B → $2.02B (-$322M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
36% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 50
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$15M |
| 2 |
AR
Argyll Research
Wilmington,
Delaware
|
+$8.61M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.11M |
| 4 |
Renaissance Technologies
New York
|
+$4.58M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$18.8M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$11.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.4M |
| 4 |
O
OppenheimerFunds
New York
|
-$5.37M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$4.97M |
TCP Hedge Fund Activity: Q2 2015 in Review
151 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q2 2015, worth a combined $2.02B — down 14% from $2.34B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TCP and 15 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 32 added.
The largest buyer was ALPS Advisors, adding an estimated $15M. The largest seller was Eagle Global Advisors, cutting an estimated $18.8M.
- 151 institutional investors held TC Pipelines LP (TCP) as of Q2 2015, down from 158 in Q1 2015.
- Funds reported $2.02B of TC Pipelines LP stock for Q2 2015, down 14% quarter-over-quarter.
- 15 funds opened new TC Pipelines LP positions in Q2 2015 and 20 closed out, a net change of -5 holders.
- The largest TC Pipelines LP buyer in Q2 2015 was ALPS Advisors, an estimated $15M added.
- The largest TC Pipelines LP seller in Q2 2015 was Eagle Global Advisors, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2015.