TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
129 hedge funds and large institutions have $1.35B invested in TC Pipelines LP in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 27 increasing their positions, 38 reducing their positions, and 20 closing their positions.
21% more capital invested
Capital invested by funds: $1.12B → $1.35B (+$230M)
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 131 → 129 (-2)
29% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 38
67% less call options, than puts
Call options by funds: $6.05M | Put options by funds: $18.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$59.3M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$25.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$16.2M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$8.95M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$17.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.3M |
| 3 |
JP Morgan Chase
New York
|
-$8.65M |
| 4 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$7.16M |
| 5 |
SG Americas Securities
New York
|
-$4.52M |
TCP Hedge Fund Activity: Q3 2018 in Review
129 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q3 2018, worth a combined $1.35B — up 21% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TCP positions and 20 closed out — a net gain of 3 holders — while 27 added to existing stakes and 38 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $59.3M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $17.1M.
- 129 institutional investors held TC Pipelines LP (TCP) as of Q3 2018, down from 131 in Q2 2018.
- Funds reported $1.35B of TC Pipelines LP stock for Q3 2018, up 21% quarter-over-quarter.
- 23 funds opened new TC Pipelines LP positions in Q3 2018 and 20 closed out, a net change of +3 holders.
- The largest TC Pipelines LP buyer in Q3 2018 was OppenheimerFunds, an estimated $59.3M added.
- The largest TC Pipelines LP seller in Q3 2018 was Kayne Anderson Capital Advisors, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2018.