Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
140 hedge funds and large institutions have $2.38B invested in Tallgrass Energy Partners, LP in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 41 reducing their positions, and 9 closing their positions.
125% more call options, than puts
Call options by funds: $5.34M | Put options by funds: $2.37M
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
46% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 41
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more capital invested
Capital invested by funds: $2.07B → $2.38B (+$313M)
9% more funds holding
Funds holding: 129 → 140 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$19.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$19.4M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$13.8M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$13.5M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$10M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$9.83M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.57M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.71M |
| 5 |
RA
RR Advisors
Dallas,
Texas
|
-$6.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Simplex Trading
Chicago,
Illinois
| – | -$243K | -4,742 | Closed |
|
152
Walleye Trading
New York
| – | -$76K | -1,485 | Closed |
|
|
FNBT
153
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$29K | -610 | Closed |
|
TEP Hedge Fund Activity: Q1 2017 in Review
140 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q1 2017, worth a combined $2.38B — up 15% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TEP positions and 9 closed out — a net gain of 11 holders — while 60 added to existing stakes and 41 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $19.4M. The largest seller was Forward Management, exiting entirely with an estimated $10M sold.
- 140 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q1 2017, up from 129 in Q4 2016.
- Funds reported $2.38B of Tallgrass Energy Partners, LP stock for Q1 2017, up 15% quarter-over-quarter.
- 20 funds opened new Tallgrass Energy Partners, LP positions in Q1 2017 and 9 closed out, a net change of +11 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q1 2017 was ALPS Advisors, an estimated $19.4M added.
- The largest Tallgrass Energy Partners, LP seller in Q1 2017 was Forward Management, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2017.