Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
78 hedge funds and large institutions have $811M invested in Tallgrass Energy Partners, LP in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 14 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
2% more capital invested
Capital invested by funds: $791M → $811M (+$19.6M)
1% less funds holding
Funds holding: 79 → 78 (-1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
75% less call options, than puts
Call options by funds: $1.9M | Put options by funds: $7.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$34.9M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$19.6M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$19.4M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$6.26M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$5.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.94M |
| 4 |
Renaissance Technologies
New York
|
-$4M |
| 5 |
Cohen & Steers
New York
|
-$3.99M |
TEP Hedge Fund Activity: Q4 2014 in Review
78 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q4 2014, worth a combined $811M — up 2.5% from $791M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TEP positions and 14 closed out — a net gain of 2 holders — while 29 added to existing stakes and 25 trimmed.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $34.9M. The largest seller was Morgan Stanley, cutting an estimated $32.3M.
- 78 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q4 2014, down from 79 in Q3 2014.
- Funds reported $811M of Tallgrass Energy Partners, LP stock for Q4 2014, up 2.5% quarter-over-quarter.
- 16 funds opened new Tallgrass Energy Partners, LP positions in Q4 2014 and 14 closed out, a net change of +2 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q4 2014 was Kayne Anderson Capital Advisors, an estimated $34.9M added.
- The largest Tallgrass Energy Partners, LP seller in Q4 2014 was Morgan Stanley, an estimated $32.3M sold.
Based on aggregated 13F filings for Q4 2014.