TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
181 hedge funds and large institutions have $2.35B invested in TC Pipelines LP in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 56 reducing their positions, and 19 closing their positions.
61% more call options, than puts
Call options by funds: $2.39M | Put options by funds: $1.49M
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
6% more capital invested
Capital invested by funds: $2.23B → $2.35B (+$124M)
2% more funds holding
Funds holding: 177 → 181 (+4)
25% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$78.9M |
| 2 |
FC
Finepoint Capital
Boston,
Massachusetts
|
+$48M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$41.5M |
| 4 |
JP Morgan Chase
New York
|
+$8.34M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$7.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$22.7M |
| 2 |
O
OppenheimerFunds
New York
|
-$21.3M |
| 3 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$14.4M |
| 4 |
Morgan Stanley
New York
|
-$12.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11.7M |
TCP Hedge Fund Activity: Q4 2017 in Review
181 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q4 2017, worth a combined $2.35B — up 5.6% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TCP positions and 19 closed out — a net gain of 5 holders — while 42 added to existing stakes and 56 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $78.9M. The largest seller was Center Coast Capital Advisors, cutting an estimated $22.7M.
- 181 institutional investors held TC Pipelines LP (TCP) as of Q4 2017, up from 177 in Q3 2017.
- Funds reported $2.35B of TC Pipelines LP stock for Q4 2017, up 5.6% quarter-over-quarter.
- 24 funds opened new TC Pipelines LP positions in Q4 2017 and 19 closed out, a net change of +5 holders.
- The largest TC Pipelines LP buyer in Q4 2017 was Energy Income Partners, an estimated $78.9M added.
- The largest TC Pipelines LP seller in Q4 2017 was Center Coast Capital Advisors, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2017.