TC Pipelines LP
TCP
TCP was delisted on the 2nd of March, 2021.
132 hedge funds and large institutions have $1.48B invested in TC Pipelines LP in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 17 closing their positions.
90% more call options, than puts
Call options by funds: $4.02M | Put options by funds: $2.12M
13% more capital invested
Capital invested by funds: $1.31B → $1.48B (+$169M)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
0% more funds holding
Funds holding: 132 → 132 (0)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$100M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$43.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$26.5M |
| 4 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
+$10.9M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$14.2M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
-$14.2M |
| 3 |
Goldman Sachs
New York
|
-$13.5M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$9.62M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.04M |
TCP Hedge Fund Activity: Q2 2020 in Review
132 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in TC Pipelines LP (TCP) for Q2 2020, worth a combined $1.48B — up 13% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TCP positions and 17 closed out — a net gain of 2 holders — while 40 added to existing stakes and 39 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $100M. The largest seller was Citigroup, cutting an estimated $14.2M.
- 132 institutional investors held TC Pipelines LP (TCP) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $1.48B of TC Pipelines LP stock for Q2 2020, up 13% quarter-over-quarter.
- 19 funds opened new TC Pipelines LP positions in Q2 2020 and 17 closed out, a net change of +2 holders.
- The largest TC Pipelines LP buyer in Q2 2020 was Blackstone Inc, an estimated $100M added.
- The largest TC Pipelines LP seller in Q2 2020 was Citigroup, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2020.