Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
52 hedge funds and large institutions have $362M invested in Tallgrass Energy Partners, LP in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
37% more capital invested
Capital invested by funds: $265M → $362M (+$97.4M)
6% more funds holding
Funds holding: 49 → 52 (+3)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
44% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $3.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$5.66M |
| 2 |
YCM
Yorkville Capital Management
New York
|
+$2.27M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$1.67M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.65M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.7M |
| 2 |
Morgan Stanley
New York
|
-$9.39M |
| 3 |
NC
NBW Capital
Boston,
Massachusetts
|
-$5.8M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$2.63M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$2.2M |
TEP Hedge Fund Activity: Q1 2014 in Review
52 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q1 2014, worth a combined $362M — up 37% from $265M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TEP positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $5.66M. The largest seller was Invesco, exiting entirely with an estimated $15.7M sold.
- 52 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q1 2014, up from 49 in Q4 2013.
- Funds reported $362M of Tallgrass Energy Partners, LP stock for Q1 2014, up 37% quarter-over-quarter.
- 7 funds opened new Tallgrass Energy Partners, LP positions in Q1 2014 and 4 closed out, a net change of +3 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q1 2014 was Kayne Anderson Capital Advisors, an estimated $5.66M added.
- The largest Tallgrass Energy Partners, LP seller in Q1 2014 was Invesco, an estimated $15.7M sold.
Based on aggregated 13F filings for Q1 2014.