Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
139 hedge funds and large institutions have $1.58B invested in Tallgrass Energy Partners, LP in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 53 reducing their positions, and 33 closing their positions.
1% less call options, than puts
Call options by funds: $5.79M | Put options by funds: $5.86M
8% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 53
13% less funds holding
Funds holding: 159 → 139 (-20)
23% less capital invested
Capital invested by funds: $2.06B → $1.58B (-$474M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
58% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$54.5M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$13.9M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$12.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.19M |
| 5 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$5.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$84.5M |
| 2 |
Morgan Stanley
New York
|
-$43.5M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$31.9M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$29.6M |
| 5 |
GXMC
Global X Management Company
New York
|
-$18.3M |
TEP Hedge Fund Activity: Q1 2018 in Review
139 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q1 2018, worth a combined $1.58B — down 23% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TEP and 14 opened new positions — a net loss of 19 holders — while 53 trimmed existing stakes and 49 added.
The largest buyer was OppenheimerFunds, adding an estimated $54.5M. The largest seller was Blackstone Inc, exiting entirely with an estimated $84.5M sold.
- 139 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q1 2018, down from 159 in Q4 2017.
- Funds reported $1.58B of Tallgrass Energy Partners, LP stock for Q1 2018, down 23% quarter-over-quarter.
- 14 funds opened new Tallgrass Energy Partners, LP positions in Q1 2018 and 33 closed out, a net change of -19 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q1 2018 was OppenheimerFunds, an estimated $54.5M added.
- The largest Tallgrass Energy Partners, LP seller in Q1 2018 was Blackstone Inc, an estimated $84.5M sold.
Based on aggregated 13F filings for Q1 2018.