Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
59 hedge funds and large institutions have $408M invested in Tallgrass Energy Partners, LP in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
13% more funds holding
Funds holding: 52 → 59 (+7)
13% more capital invested
Capital invested by funds: $362M → $408M (+$46.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
75% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $4.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$24.8M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$8.09M |
| 3 |
Goldman Sachs
New York
|
+$3.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.09M |
| 5 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$9.4M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$4.72M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$4.58M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$4.44M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$3.75M |
TEP Hedge Fund Activity: Q2 2014 in Review
59 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q2 2014, worth a combined $408M — up 13% from $362M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TEP positions and 6 closed out — a net gain of 7 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was Barclays, adding an estimated $24.8M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $9.4M sold.
- 59 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q2 2014, up from 52 in Q1 2014.
- Funds reported $408M of Tallgrass Energy Partners, LP stock for Q2 2014, up 13% quarter-over-quarter.
- 13 funds opened new Tallgrass Energy Partners, LP positions in Q2 2014 and 6 closed out, a net change of +7 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q2 2014 was Barclays, an estimated $24.8M added.
- The largest Tallgrass Energy Partners, LP seller in Q2 2014 was Neuberger Berman Group, an estimated $9.4M sold.
Based on aggregated 13F filings for Q2 2014.