Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
98 hedge funds and large institutions have $1.19B invested in Tallgrass Energy Partners, LP in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 25 reducing their positions, and 14 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
7% more funds holding
Funds holding: 92 → 98 (+6)
8% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $24.2M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $1.21B → $1.19B (-$12.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$25.2M |
| 2 |
ClearBridge Investments
New York
|
+$17.1M |
| 3 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
+$8.34M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.32M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$26.2M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$14M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$9.5M |
| 4 |
JP Morgan Chase
New York
|
-$4.72M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.83M |
TEP Hedge Fund Activity: Q1 2016 in Review
98 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q1 2016, worth a combined $1.19B — down 1% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TEP positions and 14 closed out — a net gain of 6 holders — while 42 added to existing stakes and 25 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $25.2M. The largest seller was Tortoise Capital Advisors, exiting entirely with an estimated $26.2M sold.
- 98 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q1 2016, up from 92 in Q4 2015.
- Funds reported $1.19B of Tallgrass Energy Partners, LP stock for Q1 2016, down 1% quarter-over-quarter.
- 20 funds opened new Tallgrass Energy Partners, LP positions in Q1 2016 and 14 closed out, a net change of +6 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q1 2016 was Energy Income Partners, an estimated $25.2M added.
- The largest Tallgrass Energy Partners, LP seller in Q1 2016 was Tortoise Capital Advisors, an estimated $26.2M sold.
Based on aggregated 13F filings for Q1 2016.