Oxbow Advisors LLC Buys 1,359,098 Shares of Tallgrass Energy GP LP (TEGP)

Oxbow Advisors LLC increased its stake in shares of Tallgrass Energy GP LP (NYSE:TEGP) by 309.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,798,531 shares of the pipeline company’s stock after purchasing an additional 1,359,098 shares during the quarter. Tallgrass Energy GP comprises about 5.1% of Oxbow Advisors LLC’s portfolio, making the stock its 2nd biggest position. Oxbow Advisors LLC’s holdings in Tallgrass Energy GP were worth $42,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tortoise Index Solutions LLC grew its stake in shares of Tallgrass Energy GP by 13.4% during the second quarter. Tortoise Index Solutions LLC now owns 30,478 shares of the pipeline company’s stock valued at $675,000 after purchasing an additional 3,605 shares during the last quarter. Financial Counselors Inc. grew its stake in shares of Tallgrass Energy GP by 43.8% during the second quarter. Financial Counselors Inc. now owns 14,775 shares of the pipeline company’s stock valued at $327,000 after purchasing an additional 4,500 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Tallgrass Energy GP by 23.2% during the second quarter. Chicago Partners Investment Group LLC now owns 30,463 shares of the pipeline company’s stock valued at $675,000 after purchasing an additional 5,736 shares during the last quarter. First Allied Advisory Services Inc. bought a new stake in shares of Tallgrass Energy GP during the second quarter valued at approximately $221,000. Finally, Doliver Capital Advisors LP bought a new position in Tallgrass Energy GP in the third quarter valued at approximately $244,000. 31.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of TEGP stock opened at $22.16 on Friday. Tallgrass Energy GP LP has a 52-week low of $17.14 and a 52-week high of $28.94.

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Tallgrass Energy GP 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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Institutional Ownership by Quarter for Tallgrass Energy GP (NYSE:TEGP)

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