Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
148 hedge funds and large institutions have $2.28B invested in Tallgrass Energy Partners, LP in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 55 increasing their positions, 54 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
6% more funds holding
Funds holding: 140 → 148 (+8)
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less capital invested
Capital invested by funds: $2.38B → $2.28B (-$105M)
24% less call options, than puts
Call options by funds: $4.04M | Put options by funds: $5.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$49.7M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$6.87M |
| 3 |
ClearBridge Investments
New York
|
+$6.71M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$6.64M |
| 5 |
Goldman Sachs
New York
|
+$6.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$22.5M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$14M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.73M |
| 4 |
O
OppenheimerFunds
New York
|
-$6.82M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
151
Advisors Capital Management
Ridgewood,
New Jersey
| – | -$3.51M | -65,973 | Closed |
|
|
HT
152
HighTower Trust
Houston,
Texas
| – | -$841K | -15,825 | Closed |
|
|
LCM
153
Landscape Capital Management
Englewood,
New Jersey
| – | -$476K | -10,030 | Closed |
|
|
CG
154
Clinton Group
New York
| – | -$349K | -6,551 | Closed |
|
|
CG
155
Caprock Group
Boise,
Idaho
| – | -$344K | -6,460 | Closed |
|
|
KI
156
Koch Industries
Wichita,
Kansas
| – | -$283K | -5,328 | Closed |
|
|
FA
157
FDx Advisors
Chicago,
Illinois
| – | -$234K | -4,390 | Closed |
|
158
Neuberger Berman Group
New York
| – | -$203K | -3,819 | Closed |
|
|
TFO
159
Tarbox Family Office
Newport Beach,
California
| – | -$15K | -284 | Closed |
|
|
SBL
160
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$13K | -250 | Closed |
|
TEP Hedge Fund Activity: Q2 2017 in Review
148 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q2 2017, worth a combined $2.28B — down 4.4% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TEP positions and 10 closed out — a net gain of 8 holders — while 55 added to existing stakes and 54 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $49.7M. The largest seller was Zimmer Partners, cutting an estimated $22.5M.
- 148 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q2 2017, up from 140 in Q1 2017.
- Funds reported $2.28B of Tallgrass Energy Partners, LP stock for Q2 2017, down 4.4% quarter-over-quarter.
- 18 funds opened new Tallgrass Energy Partners, LP positions in Q2 2017 and 10 closed out, a net change of +8 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q2 2017 was Tortoise Capital Advisors, an estimated $49.7M added.
- The largest Tallgrass Energy Partners, LP seller in Q2 2017 was Zimmer Partners, an estimated $22.5M sold.
Based on aggregated 13F filings for Q2 2017.