Oxbow Advisors LLC Has $42.41 Million Holdings in Tallgrass Energy GP LP (TEGP)
Oxbow Advisors LLC grew its position in Tallgrass Energy GP LP (NYSE:TEGP) by 309.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,798,531 shares of the pipeline company’s stock after purchasing an additional 1,359,098 shares during the period. Tallgrass Energy GP comprises about 5.1% of Oxbow Advisors LLC’s portfolio, making the stock its 2nd largest position. Oxbow Advisors LLC’s holdings in Tallgrass Energy GP were worth $42,409,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TEGP. First Allied Advisory Services Inc. acquired a new stake in Tallgrass Energy GP in the second quarter worth $221,000. Doliver Capital Advisors LP acquired a new stake in Tallgrass Energy GP in the third quarter worth $244,000. Guggenheim Capital LLC acquired a new stake in Tallgrass Energy GP in the first quarter worth $255,000. UMB Bank N A MO acquired a new stake in Tallgrass Energy GP in the third quarter worth $257,000. Finally, Suncoast Equity Management acquired a new stake in Tallgrass Energy GP in the third quarter worth $258,000. Institutional investors own 31.75% of the company’s stock.
Shares of NYSE:TEGP opened at $22.16 on Friday. Tallgrass Energy GP LP has a 12 month low of $17.14 and a 12 month high of $28.94.
Tallgrass Energy GP Company Profile
Tallgrass Energy GP, LP, through its interests in Tallgrass Equity, LLC, provides crude oil transportation services to customers in Wyoming, Colorado, and the surrounding regions of the United States. The company operates through three segments: Natural Gas Transportation; Crude Oil Transportation; and Gathering, Processing & Terminalling.
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