Tallgrass Energy, LP Class A Shares
TGE
TGE was delisted on the 16th of April, 2020.
205 hedge funds and large institutions have $4B invested in Tallgrass Energy, LP Class A Shares in 2019 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 72 increasing their positions, 64 reducing their positions, and 30 closing their positions.
84% more call options, than puts
Call options by funds: $97M | Put options by funds: $52.6M
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
17% more capital invested
Capital invested by funds: $3.41B → $4B (+$593M)
13% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 64
12.18% more ownership
Funds ownership: 89.6% → 101.78% (+12%)
5% more funds holding
Funds holding: 195 → 205 (+10)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$530M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$78.7M |
| 3 |
Goldman Sachs
New York
|
+$29.9M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$24.3M |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$71.2M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$37.2M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$36.8M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$31.5M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$28.8M |
TGE Hedge Fund Activity: Q1 2019 in Review
205 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Tallgrass Energy, LP Class A Shares (TGE) for Q1 2019, worth a combined $4B — up 17% from $3.41B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TGE positions and 30 closed out — a net gain of 10 holders — while 72 added to existing stakes and 64 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $530M. The largest seller was Tortoise Capital Advisors, cutting an estimated $71.2M.
- 205 institutional investors held Tallgrass Energy, LP Class A Shares (TGE) as of Q1 2019, up from 195 in Q4 2018.
- Funds reported $4B of Tallgrass Energy, LP Class A Shares stock for Q1 2019, up 17% quarter-over-quarter.
- 40 funds opened new Tallgrass Energy, LP Class A Shares positions in Q1 2019 and 30 closed out, a net change of +10 holders.
- The largest Tallgrass Energy, LP Class A Shares buyer in Q1 2019 was Blackstone Inc, an estimated $530M added.
- The largest Tallgrass Energy, LP Class A Shares seller in Q1 2019 was Tortoise Capital Advisors, an estimated $71.2M sold.
Based on aggregated 13F filings for Q1 2019.