Vault-13

CRESTWOOD EQUITY PARTNERS LP CEQP

UNIT LTD PARTNER · MLP · CUSIP 226344208

146 institutional holders -6 vs Q2 2023
60,131,17960.1m shares reported held*
$1.8bnreported value*
15 new 49 added 32 reduced 21 sold out net bought ≈ $47.3m (+1.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $29.25. Options: 8 managers hold calls ($11.1m notional), 7 hold puts ($3.8m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 162Q4 22: 149Q1 23: 148Q2 23: 152Q3 23: 146146Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022162
Q4 2022149
Q1 2023148
Q2 2023152
Q3 2023146

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 64 bought or addedQ4 22: 56 cut or sold outQ4 22Q1 23: 66 bought or addedQ1 23: 59 cut or sold outQ1 23Q2 23: 61 bought or addedQ2 23: 52 cut or sold outQ2 23Q3 23: 64 bought or addedQ3 23: 53 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226456
Q1 20236659
Q2 20236152
Q3 20236453

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ4 22 calls: $27.5mQ4 22 puts: $7.0mQ4 22P/C 0.26Q1 23 calls: $8.7mQ1 23 puts: $9.1mQ1 23P/C 1.05Q2 23 calls: $12.2mQ2 23 puts: $8.8mQ2 23P/C 0.72Q3 23 calls: $11.1mQ3 23 puts: $3.8mQ3 23P/C 0.35
Numbers
QuarterCallsPutsP/C
Q4 2022$27.5m$7.0m0.26
Q1 2023$8.7m$9.1m1.05
Q2 2023$12.2m$8.8m0.72
Q3 2023$11.1m$3.8m0.35

Biggest buyers

ALPS ADVISORS INC Added +1,727,509+1.7m
Mirae Asset Global Investments Co., Ltd. Added +1,404,213+1.4m
JPMORGAN CHASE & CO Added +1,005,983+1.0m
TORTOISE CAPITAL ADVISORS, L.L.C. Added +369,444+369.4k
BANK OF AMERICA CORP /DE/ Added +166,484+166.5k
Clearbridge Investments, LLC Added +162,620+162.6k
NOMURA HOLDINGS INC New +125,000+125.0k
BARCLAYS PLC Added +112,973+113.0k
Crescent Grove Advisors, LLC New +85,700+85.7k
HRT FINANCIAL LP New +77,627+77.6k

Biggest sellers

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT Reduced -935,005-935.0k
GOLDMAN SACHS GROUP INC Reduced -892,188-892.2k
Allianz Asset Management GmbH Reduced -500,500-500.5k
Invesco Ltd. Reduced -433,235-433.2k
NBW CAPITAL LLC Reduced -266,711-266.7k
INFRASTRUCTURE CAPITAL ADVISORS, LLC Reduced -208,534-208.5k
Catalyst Capital Advisors LLC Sold out -159,072-159.1k
Bramshill Investments, LLC Sold out -140,396-140.4k
WELLS FARGO & COMPANY/MN Reduced -84,957-85.0k
Advisors Capital Management, LLC Sold out -75,389-75.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.2m246.3k shares
CITADEL ADVISORS LLC Reduced $1.7m59.4k shares
SIMPLEX TRADING, LLC Reduced $854.0k29.2k shares
JANE STREET GROUP, LLC Reduced $587.9k20.1k shares
GROUP ONE TRADING LLC Reduced $403.6k13.8k shares
WOLVERINE TRADING, LLC Reduced $274.9k9.4k shares
Cutler Group LLC / CA Reduced $1.0k4.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m58.8k shares
CITADEL ADVISORS LLC Reduced $1.1m36.6k shares
PEAK6 Investments LLC Reduced $655.2k22.4k shares
SIMPLEX TRADING, LLC Added $312.0k10.7k shares
GROUP ONE TRADING LLC Reduced $55.6k1.9k shares
Cutler Group LLC / CA Added $5.0k6.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALPS ADVISORS INC 3.67% of their portfolio Denver, CO 15,137,02415.1m $442.8m $442.8m 3.67% Added +1.7m +1,727,509
2 First Reserve GP XIII Ltd 100.00% of their portfolio Stamford, CT 11,275,54611.3m $329.8m $329.8m 100.00% Unchanged
3 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 5,308,4835.3m $155.3m $155.3m 0.04% Reduced -433.2k -433,235
4 Mirae Asset Global Investments Co., Ltd. 0.28% of their portfolio SEOUL, M5 4,351,7624.4m $127.3m $127.3m 0.28% Added +1.4m +1,404,213
5 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 3,624,1953.6m $106.0m $106.0m 0.03% Reduced -892.2k -892,188
6 TORTOISE CAPITAL ADVISORS, L.L.C. 1.28% of their portfolio OVERLAND PARK, KS 2,872,4032.9m $84.0m $84.0m 1.28% Added +369.4k +369,444
7 Clearbridge Investments, LLC 0.08% of their portfolio NEW YORK, NY 2,683,9182.7m $78.5m $78.5m 0.08% Added +162.6k +162,620
8 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,965,7102.0m $57.5m $57.5m 0.01% Added +1.0m +1,005,983
9 CHICKASAW CAPITAL MANAGEMENT LLC 1.48% of their portfolio MEMPHIS, TN 948,182948.2k $27.7m $27.7m 1.48% Added +1.2k +1,158
10 Brookfield Corp /ON/ 0.16% of their portfolio TORONTO, A6 854,381854.4k $25.0m $25.0m 0.16% Added +50.8k +50,795
11 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 765,792765.8k $22.4m $22.4m 0.02% Added +14.4k +14,364
12 INFRASTRUCTURE CAPITAL ADVISORS, LLC 3.92% of their portfolio New York, NY 721,229721.2k $21.1m $21.1m 3.92% Reduced -208.5k -208,534
13 WESTWOOD HOLDINGS GROUP INC 0.18% of their portfolio DALLAS, TX 672,678672.7k $19.7m $19.7m 0.18% Reduced -61.8k -61,843
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 599,786599.8k $17.5m $17.5m 0.00% Added +21.3k +21,293
15 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 539,904539.9k $15.8m $15.8m 0.02% Reduced -1.4k -1,445
16 MONETA GROUP INVESTMENT ADVISORS LLC 0.35% of their portfolio ST LOUIS, MO 534,238534.2k $15.6m $15.6m 0.35% Unchanged
17 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 3.69% of their portfolio BOSTON, MA 476,660476.7k $13.9m $13.9m 3.69% Reduced -35.3k -35,317
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 455,355455.4k $13.3m $13.3m 0.00% Added +166.5k +166,484
19 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 411,689411.7k $12.0m $12.0m 0.01% Added +113.0k +112,973
20 MILLER HOWARD INVESTMENTS INC /NY 0.43% of their portfolio KINGSTON, NY 400,764400.8k $11.7m $11.7m 0.43% Added +380 +380
21 Mariner, LLC 0.03% of their portfolio Overland Park, KS 395,299395.3k $11.6m $11.6m 0.03% Reduced -10.7k -10,655
22 Blackstone Inc. 0.05% of their portfolio NEW YORK, NY 359,142359.1k $10.5m $10.5m 0.05% Unchanged
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 327,233327.2k $9.6m $9.6m 0.00% Added +49.5k +49,460
24 EAGLE GLOBAL ADVISORS LLC 0.51% of their portfolio Houston, TX 266,640266.6k $7.8m $7.8m 0.51% Reduced -68.4k -68,400
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 257,403257.4k $7.5m $7.5m 0.00% Reduced -85.0k -84,957
26 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 249,400249.4k $7.3m $7.3m 0.01% Reduced -500.5k -500,500
27 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 238,474238.5k $7.0m $7.0m 0.01% Reduced -22.4k -22,380
28 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 234,613234.6k $6.9m $6.9m 0.01% Reduced -10.3k -10,276
29 Prime Capital Investment Advisors, LLC 0.11% of their portfolio OVERLAND PARK, KS 187,109187.1k $5.5m $5.5m 0.11% Reduced -2.8k -2,790
30 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 184,616184.6k $5.4m $5.4m 0.01% Added +31.6k +31,561
31 KAYNE ANDERSON CAPITAL ADVISORS LP 0.14% of their portfolio LOS ANGELES, CA 158,490158.5k $4.6m $4.6m 0.14% Added +4.3k +4,300
32 NATIXIS 0.03% of their portfolio PARIS, I0 147,600147.6k $4.3m $4.3m 0.03% Unchanged
33 NOMURA HOLDINGS INC 0.04% of their portfolio TOKYO, M0 125,000125.0k $3.7m $3.7m 0.04% New
34 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.37% of their portfolio DALLAS, TX 123,706123.7k $3.6m $3.6m 0.37% Reduced -935.0k -935,005
35 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 119,903119.9k $3.5m $3.5m 0.00% Reduced -27.7k -27,674
36 Fractal Investments LLC 0.66% of their portfolio Glastonbury, CT 109,922109.9k $3.2m $3.2m 0.66% Unchanged
37 EXCHANGE TRADED CONCEPTS, LLC 0.08% of their portfolio Oklahoma City, OK 102,321102.3k $3.0m $3.0m 0.08% Added +29.0k +29,001
38 Tortoise Index Solutions, LLC 0.62% of their portfolio OVERLAND PARK, KS 102,321102.3k $3.0m $3.0m 0.62% Added +29.0k +29,001
39 SENTINEL TRUST CO LBA 0.41% of their portfolio HOUSTON, TX 100,000100.0k $2.9m $2.9m 0.41% Unchanged
40 Crescent Grove Advisors, LLC 0.31% of their portfolio LAKE FOREST, IL 85,70085.7k $2.5m $2.5m 0.31% New
41 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 83,22383.2k $2.4m $2.4m 0.05% Reduced -8.0k -7,998
42 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 78,60278.6k $2.3m $2.3m 0.00% Reduced -28.1k -28,129
43 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 77,62777.6k $2.3m $2.3m 0.02% New
44 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 77,59377.6k $2.3m $2.3m 0.00% Added +76.6k +76,639
45 U.S. Capital Wealth Advisors, LLC 0.10% of their portfolio AUSTIN, TX 72,66272.7k $2.1m $2.1m 0.10% Added +17.2k +17,199
46 Maryland State Retirement & Pension System 0.05% of their portfolio BALTIMORE, MD 72,48272.5k $2.1m $2.1m 0.05% Reduced -9.8k -9,787
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 68,25268.3k $2.0m $2.0m 0.00% New
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,75667.8k $2.0m $2.0m 0.00% Added +745 +745
49 Sigma Planning Corp 0.06% of their portfolio ANN ARBOR, MI 52,50252.5k $1.5m $1.5m 0.06% Reduced -1.0k -1,027
50 GraniteShares Advisors LLC 1.43% of their portfolio NEW YORK, NY 52,31452.3k $1.5m $1.5m 1.43% Added +566 +566
51 NBW CAPITAL LLC 0.37% of their portfolio BOSTON, MA 51,47751.5k $1.5m $1.5m 0.37% Reduced -266.7k -266,711
52 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 46,72646.7k $1.4m $1.4m 0.09% Added +96 +96
53 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,58745.6k $1.3m $1.3m 0.00% Added +50 +50
54 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 44,21444.2k $1.3m $1.3m 0.00% Unchanged
55 Cannell & Co. 0.04% of their portfolio New York, NY 36,45036.5k $1.1m $1.1m 0.04% Reduced -12.0k -12,000
56 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 35,68635.7k $1.0m $1.0m 0.00% Reduced -2.3k -2,302
57 Penbrook Management LLC 0.74% of their portfolio NEW YORK, NY 34,50034.5k $1.0m $1.0m 0.74% Reduced -200 -200
58 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 29,89829.9k $874.0k $874.0k 0.00% Reduced -3.5k -3,528
59 Apollon Wealth Management, LLC 0.04% of their portfolio MOUNT PLEASANT, SC 23,99224.0k $701.8k $701.8k 0.04% Added +139 +139
60 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 22,12122.1k $649.9k $649.9k 0.01% Added +542 +542
61 SL ADVISORS, LLC 1.37% of their portfolio NAPLES, FL 21,37121.4k $625.0k $625.0k 1.37% Added +25 +25
62 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 20,60020.6k $602.5k $602.5k 0.02% Unchanged
63 9258 Wealth Management, LLC 0.11% of their portfolio BLUE ASH, OH 19,81519.8k $579.6k $579.6k 0.11% Unchanged
64 Empirical Asset Management, LLC 0.50% of their portfolio WELLESLEY, MA 19,60819.6k $573.5k $573.5k 0.50% Added +487 +487
65 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 19,49419.5k $570.0k $570.0k 0.01% Added +1.4k +1,355
66 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,48019.5k $569.8k $569.8k 0.00% Added +1.6k +1,600
67 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.09% of their portfolio Fort Collins, CO 18,46418.5k $540.1k $540.1k 0.09% Added +4.1k +4,128
68 AMERICAN FINANCIAL GROUP INC 0.17% of their portfolio CINCINNATI, OH 17,00017.0k $497.0k $497.0k 0.17% Unchanged
69 Pacer Advisors, Inc. 0.00% of their portfolio Malvern, PA 16,94016.9k $495.5k $495.5k 0.00% Added +9.6k +9,570
70 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 16,74616.7k $489.8k $489.8k 0.01% Reduced -1.9k -1,909
71 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 16,33516.3k $478.0k $478.0k 0.00% Added +100 +100
72 MCDONALD PARTNERS LLC 0.15% of their portfolio CLEVELAND, OH 15,75515.8k $460.8k $460.8k 0.15% Added +283 +283
73 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 14,95615.0k $437.5k $437.5k 0.00% Added +461 +461
74 Full Sail Capital, LLC 0.04% of their portfolio OKLAHOMA CITY, OK 14,06914.1k $411.5k $411.5k 0.04% Unchanged
75 Stockman Wealth Management, Inc. 0.09% of their portfolio BILLINGS, MT 13,55013.6k $396.3k $396.3k 0.09% Added +200 +200
76 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio NEW YORK, NY 13,12013.1k $383.8k $383.8k 0.01% Reduced -157 -157
77 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio ORLANDO, FL 12,93912.9k $255.3k $255.3k 0.03% Unchanged
78 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 12,44712.4k $364.1k $364.1k 0.00% Reduced -5.4k -5,387
79 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 12,11912.1k $354.0k $354.0k 0.00% Added +1.6k +1,592
80 SPIRIT OF AMERICA MANAGEMENT CORP/NY 0.08% of their portfolio SYOSSET, NY 12,00012.0k $351.0k $351.0k 0.08% Added +4.0k +4,000
81 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 11,97312.0k $350.2k $350.2k 0.00% New
82 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,93711.9k $349.0k $349.0k 0.00% Added +50 +50
83 Oxbow Advisors, LLC 0.05% of their portfolio Austin, TX 11,85011.8k $346.6k $346.6k 0.05% Unchanged
84 Claybrook Capital, LLC 0.19% of their portfolio WELLESLEY, MA 11,63711.6k $340.4k $340.4k 0.19% Unchanged
85 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 11,61011.6k $339.6k $339.6k 0.00% Unchanged
86 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 11,60311.6k $339.4k $339.4k 0.00% Added +2.3k +2,338
87 Rockwood Wealth Management, LLC 0.06% of their portfolio New Hope, PA 11,36511.4k $332.4k $332.4k 0.06% Unchanged
88 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,95411.0k $320.0k $320.0k 0.00% New
89 Lindbrook Capital, LLC 0.04% of their portfolio CALABASAS, CA 10,95311.0k $320.4k $320.4k 0.04% Added +5.4k +5,416
90 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.15% of their portfolio LEAWOOD, KS 10,00110.0k $292.5k $292.5k 0.15% Unchanged
91 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 10,00010.0k $292.5k $292.5k 0.02% Unchanged
92 Pettinga Financial Advisors LLC 0.09% of their portfolio EVANSVILLE, IN 9,8509.8k $288.1k $288.1k 0.09% Reduced -2.8k -2,750
93 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 9,0009.0k $263.2k $263.2k 0.00% New
94 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.00% of their portfolio Cincinnati, OH 8,4508.4k $247.2k $247.2k 0.00% New
95 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 8,4158.4k $246.1k $246.1k 0.00% Reduced -2.0k -2,040
96 GDS Wealth Management 0.04% of their portfolio FLOWER MOUND, TX 8,0008.0k $234.0k $234.0k 0.04% Unchanged
97 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 7,9678.0k $233.0k $233.0k 0.00% New
98 GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ 0.35% of their portfolio PARAMUS, NJ 7,8397.8k $229.0k $229.0k 0.35% Unchanged
99 SECURITY NATIONAL BANK OF SIOUX CITY IOWA /IA/ 0.17% of their portfolio SIOUX CITY, IA 7,5007.5k $219.4k $219.4k 0.17% New
100 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 7,2587.3k $203.0k $203.0k 0.01% New