Tallgrass Energy Partners, LP
TEP
TEP was delisted on the 29th of June, 2018.
131 hedge funds and large institutions have $1.8B invested in Tallgrass Energy Partners, LP in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 48 reducing their positions, and 25 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more capital invested
Capital invested by funds: $1.58B → $1.8B (+$219M)
5% more call options, than puts
Call options by funds: $4.86M | Put options by funds: $4.63M
6% less funds holding
Funds holding: 139 → 131 (-8)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
33% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$45.6M |
| 2 |
GXMC
Global X Management Company
New York
|
+$22.8M |
| 3 |
VF
Virtu Financial
New York
|
+$20.3M |
| 4 |
O
OppenheimerFunds
New York
|
+$17.9M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$35.4M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$20.5M |
| 3 |
Goldman Sachs
New York
|
-$19.1M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$14M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$13.8M |
TEP Hedge Fund Activity: Q2 2018 in Review
131 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy Partners, LP (TEP) for Q2 2018, worth a combined $1.8B — up 14% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TEP and 17 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 32 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $45.6M. The largest seller was UBS Group, cutting an estimated $35.4M.
- 131 institutional investors held Tallgrass Energy Partners, LP (TEP) as of Q2 2018, down from 139 in Q1 2018.
- Funds reported $1.8B of Tallgrass Energy Partners, LP stock for Q2 2018, up 14% quarter-over-quarter.
- 17 funds opened new Tallgrass Energy Partners, LP positions in Q2 2018 and 25 closed out, a net change of -8 holders.
- The largest Tallgrass Energy Partners, LP buyer in Q2 2018 was Tortoise Capital Advisors, an estimated $45.6M added.
- The largest Tallgrass Energy Partners, LP seller in Q2 2018 was UBS Group, an estimated $35.4M sold.
Based on aggregated 13F filings for Q2 2018.