Tallgrass Energy, LP Class A Shares
TGE
TGE was delisted on the 16th of April, 2020.
102 hedge funds and large institutions have $1.14B invested in Tallgrass Energy, LP Class A Shares in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 10 closing their positions.
86% more call options, than puts
Call options by funds: $1.54M | Put options by funds: $827K
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
5% more funds holding
Funds holding: 97 → 102 (+5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less capital invested
Capital invested by funds: $1.95B → $1.14B (-$804M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$21.9M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$17M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$10.5M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$5.05M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kelso & Company
New York
|
-$906M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$17.7M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$12.2M |
| 4 |
Morgan Stanley
New York
|
-$7.39M |
| 5 |
BAMCO Inc
New York
|
-$4.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
BlackRock
New York
| $6K | – | – | – |
|
|
AG
102
Advisor Group
Phoenix,
Arizona
| $1K | -$3.7K | -155 | -78% |
|
|
KC
103
Kelso & Company
New York
| – | -$906M | -40,139,699 | Closed |
|
|
CG
104
Clinton Group
New York
| – | -$2.15M | -95,242 | Closed |
|
105
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$835K | -37,000 | Closed |
|
|
ARTA
106
A.R.T. Advisors
New York
| – | -$701K | -31,100 | Closed |
|
|
BCM
107
Bluefin Capital Management
New York
| – | -$490K | -20,518 | Closed |
|
|
AIMCA
108
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$330K | -14,600 | Closed |
|
109
Tudor Investment Corp
Stamford,
Connecticut
| – | -$290K | -12,835 | Closed |
|
110
Teacher Retirement System of Texas
Austin,
Texas
| – | -$147K | -6,500 | Closed |
|
|
CG
111
Cutler Group
San Francisco,
California
| – | -$101K | -4,233 | Closed |
|
112
Walleye Trading
New York
| – | -$88K | -3,900 | Closed |
|
TGE Hedge Fund Activity: Q3 2016 in Review
102 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy, LP Class A Shares (TGE) for Q3 2016, worth a combined $1.14B — down 41% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TGE positions and 10 closed out — a net gain of 6 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Jennison Associates, adding an estimated $21.9M. The largest seller was Kelso & Company, exiting entirely with an estimated $906M sold.
- 102 institutional investors held Tallgrass Energy, LP Class A Shares (TGE) as of Q3 2016, up from 97 in Q2 2016.
- Funds reported $1.14B of Tallgrass Energy, LP Class A Shares stock for Q3 2016, down 41% quarter-over-quarter.
- 16 funds opened new Tallgrass Energy, LP Class A Shares positions in Q3 2016 and 10 closed out, a net change of +6 holders.
- The largest Tallgrass Energy, LP Class A Shares buyer in Q3 2016 was Jennison Associates, an estimated $21.9M added.
- The largest Tallgrass Energy, LP Class A Shares seller in Q3 2016 was Kelso & Company, an estimated $906M sold.
Based on aggregated 13F filings for Q3 2016.