Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
114 hedge funds and large institutions have $1.93B invested in Tallgrass Energy Partners, LP in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 14 closing their positions.
746% more call options, than puts
Call options by funds: $41.3M | Put options by funds: $4.89M
114% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 14
62% more capital invested
Capital invested by funds: $1.19B → $1.93B (+$736M)
16% more funds holding
Funds holding: 98 → 114 (+16)
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$245M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$104M |
| 3 |
Morgan Stanley
New York
|
+$81.5M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$35.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$53.2M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$25.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.12M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$7.93M |
| 5 |
JP Morgan Chase
New York
|
-$5.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
126
American International Group
New York
| – | -$10K | -250 | Closed |
|
127
Bessemer Group
Woodbridge,
New Jersey
| – | -$9K | -225 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$5K | -132 | Closed |
|
|
PMFA
129
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3K | -89 | Closed |
|
TEP Hedge Fund Activity: Q2 2016 in Review
114 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q2 2016, worth a combined $1.93B — up 62% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TEP positions and 14 closed out — a net gain of 16 holders — while 37 added to existing stakes and 33 trimmed.
The largest buyer was Tortoise Capital Advisors, opening a new position worth an estimated $245M. The largest seller was Energy Income Partners, cutting an estimated $53.2M.
- 114 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q2 2016, up from 98 in Q1 2016.
- Funds reported $1.93B of Tallgrass Energy Partners, LP stock for Q2 2016, up 62% quarter-over-quarter.
- 30 funds opened new Tallgrass Energy Partners, LP positions in Q2 2016 and 14 closed out, a net change of +16 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q2 2016 was Tortoise Capital Advisors, an estimated $245M added.
- The largest Tallgrass Energy Partners, LP seller in Q2 2016 was Energy Income Partners, an estimated $53.2M sold.
Based on aggregated 13F filings for Q2 2016.