Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
125 hedge funds and large institutions have $2.08B invested in Tallgrass Energy Partners, LP in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
198% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $4.39M
38% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 37
10% more funds holding
Funds holding: 114 → 125 (+11)
8% more capital invested
Capital invested by funds: $1.93B → $2.08B (+$149M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$36.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$23.7M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$17.6M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$14.1M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$23.7M |
| 2 |
O
OppenheimerFunds
New York
|
-$15.7M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$14.3M |
| 4 |
RA
RR Advisors
Dallas,
Texas
|
-$10.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
126
Atwood & Palmer
Kansas City,
Missouri
| $5K | – | – | – |
|
|
WA
127
WFG Advisors
Dallas,
Texas
| $5K | +$93 | +2 | +2% |
|
|
ECM
128
Estabrook Capital Management
New York
| $2.36K | – | – | – |
|
129
Geode Capital Management
Boston,
Massachusetts
| – | -$427K | -9,294 | Closed |
|
|
BL
130
Balentine LLC
Atlanta,
Georgia
| – | -$101K | -2,195 | Closed |
|
|
IR
131
Invictus RG
Hamilton,
Bermuda
| – | -$12K | -259 | Closed |
|
|
IA
132
IFP Advisors
Tampa,
Florida
| – | -$1K | -26 | Closed |
|
TEP Hedge Fund Activity: Q3 2016 in Review
125 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q3 2016, worth a combined $2.08B — up 7.7% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TEP positions and 4 closed out — a net gain of 13 holders — while 51 added to existing stakes and 37 trimmed.
The largest buyer was Miller Howard Investments, adding an estimated $36.4M. The largest seller was Morgan Stanley, cutting an estimated $23.7M.
- 125 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q3 2016, up from 114 in Q2 2016.
- Funds reported $2.08B of Tallgrass Energy Partners, LP stock for Q3 2016, up 7.7% quarter-over-quarter.
- 17 funds opened new Tallgrass Energy Partners, LP positions in Q3 2016 and 4 closed out, a net change of +13 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q3 2016 was Miller Howard Investments, an estimated $36.4M added.
- The largest Tallgrass Energy Partners, LP seller in Q3 2016 was Morgan Stanley, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2016.