TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
125 hedge funds and large institutions have $1.77B invested in TC Pipelines LP in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 24 closing their positions.
77% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $1.19M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
5% more capital invested
Capital invested by funds: $1.68B → $1.77B (+$89.4M)
7% less funds holding
Funds holding: 135 → 125 (-10)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$577M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$15.1M |
| 3 |
Citigroup
New York
|
+$11.9M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$9.26M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$14.6M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$4.87M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$4.42M |
| 4 |
WRM
Weybosset Research & Management
Province,
Rhode Island
|
-$3.09M |
| 5 |
AR
Argyll Research
Wilmington,
Delaware
|
-$1.99M |
TCP Hedge Fund Activity: Q2 2019 in Review
125 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q2 2019, worth a combined $1.77B — up 5.3% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TCP and 15 opened new positions — a net loss of 9 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was Invesco, opening a new position worth an estimated $577M. The largest seller was ALPS Advisors, cutting an estimated $14.6M.
- 125 institutional investors held TC Pipelines LP (TCP) as of Q2 2019, down from 135 in Q1 2019.
- Funds reported $1.77B of TC Pipelines LP stock for Q2 2019, up 5.3% quarter-over-quarter.
- 15 funds opened new TC Pipelines LP positions in Q2 2019 and 24 closed out, a net change of -9 holders.
- The largest TC Pipelines LP buyer in Q2 2019 was Invesco, an estimated $577M added.
- The largest TC Pipelines LP seller in Q2 2019 was ALPS Advisors, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2019.