TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
159 hedge funds and large institutions have $1.76B invested in TC Pipelines LP in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
22% more call options, than puts
Call options by funds: $3.29M | Put options by funds: $2.71M
7% more funds holding
Funds holding: 148 → 159 (+11)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less capital invested
Capital invested by funds: $1.81B → $1.76B (-$50.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$15.3M |
| 2 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$14.4M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$5.85M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$5.58M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$23.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$22.1M |
| 3 |
ClearBridge Investments
New York
|
-$15.1M |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
-$7.73M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.51M |
TCP Hedge Fund Activity: Q1 2016 in Review
159 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q1 2016, worth a combined $1.76B — down 2.8% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TCP positions and 13 closed out — a net gain of 11 holders — while 49 added to existing stakes and 38 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $15.3M. The largest seller was ALPS Advisors, cutting an estimated $23.9M.
- 159 institutional investors held TC Pipelines LP (TCP) as of Q1 2016, up from 148 in Q4 2015.
- Funds reported $1.76B of TC Pipelines LP stock for Q1 2016, down 2.8% quarter-over-quarter.
- 24 funds opened new TC Pipelines LP positions in Q1 2016 and 13 closed out, a net change of +11 holders.
- The largest TC Pipelines LP buyer in Q1 2016 was Allianz Asset Management, an estimated $15.3M added.
- The largest TC Pipelines LP seller in Q1 2016 was ALPS Advisors, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2016.