Vault-13

DCP MIDSTREAM LP DCP

COM UT LTD PTN · MLP · CUSIP 23311P100

149 institutional holders +11 vs Q3 2022
77,648,91977.6m shares reported held*
$3.0bnreported value*
25 new 37 added 35 reduced 18 sold out net bought ≈ $63.8m (+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 ($16.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.74. Options: 13 managers hold calls ($49.1m notional), 12 hold puts ($72.6m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 138Q4 22: 149149Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022138
Q4 2022149

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $61.2mQ3 22 puts: $74.6mQ3 22P/C 1.22Q4 22 calls: $49.1mQ4 22 puts: $72.6mQ4 22P/C 1.48
Numbers
QuarterCallsPutsP/C
Q3 2022$61.2m$74.6m1.22
Q4 2022$49.1m$72.6m1.48

Biggest buyers

MORGAN STANLEY Added +2,899,501+2.9m
GOLDMAN SACHS GROUP INC Added +2,138,603+2.1m
COWEN AND COMPANY, LLC New +1,516,562+1.5m
NATIXIS Added +805,900+805.9k
CITIGROUP INC Added +639,967+640.0k
ING GROEP NV Added +601,000+601.0k
ALPS ADVISORS INC Added +568,632+568.6k
UBS Group AG Added +328,674+328.7k
BANK OF AMERICA CORP /DE/ Added +285,730+285.7k
DEUTSCHE BANK AG\ Added +246,290+246.3k

Biggest sellers

Blackstone Inc. Reduced -2,641,504-2.6m
TORTOISE CAPITAL ADVISORS, L.L.C. Reduced -998,678-998.7k
Clearbridge Investments, LLC Reduced -965,482-965.5k
Antara Capital LP Sold out -789,879-789.9k
CHICKASAW CAPITAL MANAGEMENT LLC Reduced -531,782-531.8k
JPMORGAN CHASE & CO Reduced -440,107-440.1k
RR Advisors, LLC Reduced -433,000-433.0k
KAYNE ANDERSON CAPITAL ADVISORS LP Reduced -429,000-429.0k
WELLS FARGO & COMPANY/MN Reduced -356,348-356.3k
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT Reduced -350,962-351.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $21.6m557.5k shares
JPMORGAN CHASE & CO Added $10.1m260.9k shares
JANE STREET GROUP, LLC Reduced $8.7m224.8k shares
GROUP ONE TRADING LLC Reduced $2.9m73.9k shares
Walleye Trading LLC Reduced $1.9m48.5k shares
Caption Management, LLC New $1.6m40.0k shares
CITADEL ADVISORS LLC Reduced $1.4m35.7k shares
SIMPLEX TRADING, LLC Reduced $892.0k23.0k shares
PEAK6 Investments LLC Reduced $85.3k2.2k shares
BLUEFIN CAPITAL MANAGEMENT, LLC New $14.7k12.0k shares

Biggest puts

Antara Capital LP Added $29.5m760.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $24.2m623.9k shares
SIMPLEX TRADING, LLC Reduced $7.4m189.6k shares
JPMORGAN CHASE & CO Unchanged $3.6m93.1k shares
GROUP ONE TRADING LLC Added $1.9m49.6k shares
PEAK6 Investments LLC Unchanged $1.8m46.5k shares
Walleye Trading LLC Reduced $1.7m45.0k shares
CITADEL ADVISORS LLC Reduced $1.7m43.3k shares
JANE STREET GROUP, LLC Unchanged $818.5k21.1k shares
BLUEFIN CAPITAL MANAGEMENT, LLC Unchanged $4.0k400.0k 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALPS ADVISORS INC 4.66% of their portfolio Denver, CO 13,458,51113.5m $522.1m $522.1m 4.66% Added +568.6k +568,632
2 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 8,544,3228.5m $331.4m $331.4m 0.09% Added +2.1m +2,138,603
3 TORTOISE CAPITAL ADVISORS, L.L.C. 4.59% of their portfolio OVERLAND PARK, KS 7,893,0317.9m $306.2m $306.2m 4.59% Reduced -998.7k -998,678
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 6,967,7917.0m $270.3m $270.3m 0.03% Added +2.9m +2,899,501
5 Blackstone Inc. 0.80% of their portfolio NEW YORK, NY 5,433,8475.4m $210.8m $210.8m 0.80% Reduced -2.6m -2,641,504
6 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,150,9714.2m $161.0m $161.0m 0.02% Reduced -440.1k -440,107
7 CITIGROUP INC 0.16% of their portfolio NEW YORK, NY 2,934,0582.9m $113.8m $113.8m 0.16% Added +640.0k +639,967
8 CHICKASAW CAPITAL MANAGEMENT LLC 5.34% of their portfolio MEMPHIS, TN 2,604,1052.6m $101.0m $101.0m 5.34% Reduced -531.8k -531,782
9 Mirae Asset Global Investments Co., Ltd. 0.21% of their portfolio SEOUL, M5 2,049,5402.0m $79.5m $79.5m 0.21% Reduced -44.5k -44,463
10 BARCLAYS PLC 0.06% of their portfolio LONDON, X0 1,691,2761.7m $65.6m $65.6m 0.06% First filing
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,662,1941.7m $64.5m $64.5m 0.01% Added +285.7k +285,730
12 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,613,3321.6m $62.6m $62.6m 0.03% Added +328.7k +328,674
13 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 1,606,1351.6m $62.3m $62.3m 0.02% Reduced -168.2k -168,236
14 COWEN AND COMPANY, LLC 6.23% of their portfolio NEW YORK, NY 1,516,5621.5m $58.8m $58.8m 6.23% New
15 NATIXIS 0.34% of their portfolio PARIS, I0 1,472,5001.5m $57.1m $57.1m 0.34% Added +805.9k +805,900
16 ING GROEP NV 0.47% of their portfolio AMSTERDAM, P7 1,208,4001.2m $46.9m $46.9m 0.47% Added +601.0k +601,000
17 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 1,172,8961.2m $45.5m $45.5m 0.03% Added +246.3k +246,290
18 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 1,169,6781.2m $45.4m $45.4m 0.05% Added +15.7k +15,650
19 CIBC Private Wealth Group LLC 0.15% of their portfolio ATLANTA, GA 1,151,3131.2m $44.7m $44.7m 0.15% Added +199.7k +199,720
20 Clearbridge Investments, LLC 0.04% of their portfolio NEW YORK, NY 1,142,5141.1m $44.3m $44.3m 0.04% Reduced -965.5k -965,482
21 RR Advisors, LLC 6.17% of their portfolio DALLAS, TX 946,000946.0k $36.7m $36.7m 6.17% Reduced -433.0k -433,000
22 EAGLE GLOBAL ADVISORS LLC 2.33% of their portfolio Houston, TX 871,646871.6k $33.8m $33.8m 2.33% Reduced -8.0k -8,000
23 INFRASTRUCTURE CAPITAL ADVISORS, LLC 5.12% of their portfolio New York, NY 662,913662.9k $25.7m $25.7m 5.12% Reduced -192.3k -192,274
24 Energy Income Partners, LLC 0.58% of their portfolio Westport, CT 662,300662.3k $25.7m $25.7m 0.58% Reduced -20.8k -20,782
25 MILLER HOWARD INVESTMENTS INC /NY 0.82% of their portfolio KINGSTON, NY 584,872584.9k $22.7m $22.7m 0.82% Added +4.1k +4,096
26 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 528,826528.8k $20.5m $20.5m 0.01% Reduced -356.3k -356,348
27 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.22% of their portfolio CHICAGO, IL 459,678459.7k $17.8m $17.8m 0.22% Reduced -255.0k -255,000
28 Fractal Investments LLC 4.17% of their portfolio Glastonbury, CT 450,614450.6k $17.5m $17.5m 4.17% Added +8.4k +8,392
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 340,206340.2k $13.2m $13.2m 0.03% Added +45.2k +45,230
30 WESTWOOD HOLDINGS GROUP INC 0.08% of their portfolio DALLAS, TX 231,523231.5k $9.0m $9.0m 0.08% New
31 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 225,000225.0k $8.7m $8.7m 0.00% Added +71.0k +71,000
32 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 162,100162.1k $6.3m $6.3m 0.02% Unchanged
33 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 161,750161.8k $6.3m $6.3m 0.01% Added +139.4k +139,391
34 FMR LLC 0.00% of their portfolio BOSTON, MA 157,729157.7k $6.1m $6.1m 0.00% Reduced -20.4k -20,390
35 Jump Financial, LLC 0.23% of their portfolio Chicago, IL 114,800114.8k $4.5m $4.5m 0.23% Added +61.5k +61,500
36 Tortoise Index Solutions, LLC 0.08% of their portfolio OVERLAND PARK, KS 110,608110.6k $437.7k $437.7k 0.08% Added +24.5k +24,501
37 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 101,340101.3k $3.9m $3.9m 0.01% Reduced -6.5k -6,454
38 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 97,75597.8k $3.8m $3.8m 0.01% Added +78.7k +78,734
39 SPIRIT OF AMERICA MANAGEMENT CORP/NY 0.79% of their portfolio SYOSSET, NY 90,50090.5k $3.5m $3.5m 0.79% Added +1.4k +1,400
40 Sovereign Investment Advisors, LLC 1.46% of their portfolio PHOENIX, AZ 89,53489.5k $3.5m $3.5m 1.46% Unchanged
41 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 71,82171.8k $2.8m $2.8m 0.01% Unchanged
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 70,39970.4k $2.7m $2.7m 0.00% Added +647 +647
43 CASTLEARK MANAGEMENT LLC 0.14% of their portfolio CHICAGO, IL 70,34570.3k $2.7m $2.7m 0.14% Added +9.9k +9,890
44 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 63,46163.5k $2.5m $2.5m 0.01% Reduced -35.0k -34,954
45 Mariner, LLC 0.01% of their portfolio Overland Park, KS 61,26361.3k $2.4m $2.4m 0.01% Reduced -22 -22
46 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 58,85258.9k $2.3m $2.3m 0.05% Added +2.8k +2,824
47 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.21% of their portfolio DALLAS, TX 58,08558.1k $2.3m $2.3m 0.21% Reduced -351.0k -350,962
48 GLENMEDE TRUST CO NA 0.01% of their portfolio PHILADELPHIA, PA 53,56253.6k $2.1m $2.1m 0.01% Added +18.8k +18,762
49 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 51,80951.8k $2.0m $2.0m 0.00% Added +16.7k +16,683
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,89545.9k $1.8m $1.8m 0.00% Added +5.9k +5,912
51 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 44,10044.1k $1.7m $1.7m 0.01% New
52 U.S. Capital Wealth Advisors, LLC 0.08% of their portfolio AUSTIN, TX 42,50042.5k $1.6m $1.6m 0.08% Unchanged
53 HENNESSY ADVISORS INC 0.10% of their portfolio NOVATO, CA 38,30038.3k $1.5m $1.5m 0.10% Reduced -19.5k -19,500
54 FIFTH LANE CAPITAL, LP 1.96% of their portfolio Austin, TX 35,00035.0k $1.4m $1.4m 1.96% New
55 Heronetta Management, L.P. 0.83% of their portfolio NEW YORK, NY 34,10034.1k $1.3m $1.3m 0.83% Unchanged
56 GABELLI & Co INVESTMENT ADVISERS, INC. 0.25% of their portfolio Rye, NY 30,75030.8k $1.2m $1.2m 0.25% New
57 Vident Investment Advisory, LLC 0.04% of their portfolio Alpharetta, GA 28,14828.1k $1.1m $1.1m 0.04% Reduced -58.0k -57,959
58 Lavaca Capital LLC 0.43% of their portfolio HOUSTON, TX 27,60027.6k $1.1m $1.1m 0.43% Unchanged
59 Texas Yale Capital Corp. 0.06% of their portfolio ST. PETERSBURG, FL 26,22526.2k $1.0m $1.0m 0.06% Unchanged
60 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.16% of their portfolio Fort Collins, CO 24,06824.1k $933.6k $933.6k 0.16% Unchanged
61 Domani Wealth, LLC 0.22% of their portfolio YORK, PA 22,20022.2k $861.0k $861.0k 0.22% Unchanged
62 Maryland State Retirement & Pension System 0.03% of their portfolio BALTIMORE, MD 22,17522.2k $860.2k $860.2k 0.03% New
63 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 21,96622.0k $852.1k $852.1k 0.01% Added +314 +314
64 PEAK6 Investments LLC 0.04% of their portfolio CHICAGO, IL 20,52620.5k $796.2k $796.2k 0.04% Reduced -6.7k -6,695
65 EVERGREEN CAPITAL MANAGEMENT LLC 0.04% of their portfolio Bellevue, WA 19,81719.8k $768.7k $768.7k 0.04% Unchanged
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 19,75319.8k $766.0k $766.0k 0.00% Added +9.1k +9,086
67 MOODY NATIONAL BANK TRUST DIVISION 0.06% of their portfolio GALVESTON, TX 18,73118.7k $726.0k $726.0k 0.06% Unchanged
68 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,07817.1k $663.0k $663.0k 0.00% Reduced -1.3k -1,306
69 Linscomb Wealth, Inc. 0.03% of their portfolio Houston, TX 17,00117.0k $659.5k $659.5k 0.03% New
70 Donoghue Forlines LLC 0.21% of their portfolio Boston, MA 15,00915.0k $582.2k $582.2k 0.21% Added +7.4k +7,425
71 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 14,55814.6k $564.7k $564.7k 0.00% Reduced -605 -605
72 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 14,51314.5k $562.0k $562.0k 0.01% New
73 Burns Matteson Capital Management, LLC 0.37% of their portfolio CORNING, NY 14,29514.3k $554.5k $554.5k 0.37% New
74 First Capital Advisors Group, LLC. 0.37% of their portfolio LITTLE SILVER, NJ 14,08414.1k $546.3k $546.3k 0.37% Unchanged
75 SkyView Investment Advisors, LLC 0.17% of their portfolio SHREWSBURY, NJ 14,08414.1k $546.0k $546.0k 0.17% Unchanged
76 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 13,15713.2k $510.4k $510.4k 0.00% Reduced -81 -81
77 Segment Wealth Management, LLC 0.06% of their portfolio HOUSTON, TX 13,00013.0k $504.3k $504.3k 0.06% Unchanged
78 Ziegler Capital Management, LLC 0.02% of their portfolio CHICAGO, IL 12,98013.0k $503.5k $503.5k 0.02% Unchanged
79 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 12,93912.9k $502.0k $502.0k 0.01% Reduced -289 -289
80 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 12,01812.0k $466.2k $466.2k 0.00% Reduced -1.8k -1,821
81 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 11,63811.6k $451.5k $451.5k 0.01% Added +198 +198
82 MONEY CONCEPTS CAPITAL CORP 0.02% of their portfolio PALM BEACH GARDENS, FL 11,09011.1k $430.2k $430.2k 0.02% New
83 First Trust Capital Management L.P. 0.01% of their portfolio CHICAGO, IL 10,99511.0k $129.3k $129.3k 0.01% Unchanged
84 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 10,76610.8k $417.6k $417.6k 0.01% Unchanged
85 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio NEW YORK, NY 10,63910.6k $412.7k $412.7k 0.01% Reduced -14 -14
86 SECURITY NATIONAL BANK OF SIOUX CITY IOWA /IA/ 0.30% of their portfolio SIOUX CITY, IA 10,20010.2k $396.0k $396.0k 0.30% Unchanged
87 AMERICAN FINANCIAL GROUP INC 0.13% of their portfolio CINCINNATI, OH 10,00010.0k $388.0k $388.0k 0.13% Unchanged
88 Calydon Capital 0.10% of their portfolio MEMPHIS, TN 10,00010.0k $387.9k $387.9k 0.10% Unchanged
89 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 9,9339.9k $385.3k $385.3k 0.00% Reduced -5 -5
90 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 9,7549.8k $378.0k $378.0k 0.00% Reduced -325 -325
91 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,4559.5k $367.0k $367.0k 0.00% Added +230 +230
92 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 9,4079.4k $364.9k $364.9k 0.00% Unchanged
93 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,3579.4k $363.0k $363.0k 0.00% Unchanged
94 KAYNE ANDERSON CAPITAL ADVISORS LP 0.01% of their portfolio LOS ANGELES, CA 9,0009.0k $349.1k $349.1k 0.01% Reduced -429.0k -429,000
95 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 8,8818.9k $344.5k $344.5k 0.02% New
96 Virtu Financial LLC 0.04% of their portfolio New York, NY 8,6758.7k $337.0k $337.0k 0.04% New
97 IMPACTfolio, LLC 0.31% of their portfolio DENVER, CO 8,5008.5k $330.0k $330.0k 0.31% Unchanged
98 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,4908.5k $356.0k $356.0k 0.00% Unchanged
99 Cercano Management LLC 0.01% of their portfolio BELLEVUE, WA 8,4008.4k $325.8k $325.8k 0.01% First filing
100 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 8,0698.1k $313.0k $313.0k 0.04% New