Vault-13

DCP MIDSTREAM LP DCP

COM UT LTD PTN · MLP · CUSIP 23311P100

127 institutional holders -22 vs Q4 2022
82,602,01382.6m shares reported held*
$3.4bnreported value*
21 new 32 added 42 reduced 41 sold out net bought ≈ $190.6m (+4.6m 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 ≈ $41.72. Options: 6 managers hold calls ($10.0m notional), 8 hold puts ($7.1m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 138Q4 22: 149Q1 23: 127127Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022138
Q4 2022149
Q1 2023127

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 62 bought or addedQ4 22: 53 cut or sold outQ4 22Q1 23: 53 bought or addedQ1 23: 83 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226253
Q1 20235383

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 1.48Q1 23 calls: $10.0mQ1 23 puts: $7.1mQ1 23P/C 0.71
Numbers
QuarterCallsPutsP/C
Q3 2022$61.2m$74.6m1.22
Q4 2022$49.1m$72.6m1.48
Q1 2023$10.0m$7.1m0.71

Biggest buyers

BlackRock Inc. New +5,608,323+5.6m
First Trust Capital Management L.P. Added +5,575,350+5.6m
BANK OF AMERICA CORP /DE/ Added +4,590,221+4.6m
JPMORGAN CHASE & CO Added +3,707,184+3.7m
Westchester Capital Management, LLC New +2,871,360+2.9m
NEXPOINT ASSET MANAGEMENT, L.P. New +2,018,966+2.0m
UBS Group AG Added +1,942,001+1.9m
MORGAN STANLEY Added +1,833,482+1.8m
CITIGROUP INC Added +1,816,176+1.8m
Blackstone Inc. Added +1,705,949+1.7m

Biggest sellers

ALPS ADVISORS INC Sold out -13,458,511-13.5m
GOLDMAN SACHS GROUP INC Reduced -2,559,040-2.6m
CHICKASAW CAPITAL MANAGEMENT LLC Reduced -2,110,917-2.1m
TORTOISE CAPITAL ADVISORS, L.L.C. Reduced -1,989,723-2.0m
Invesco Ltd. Sold out -1,606,135-1.6m
COWEN AND COMPANY, LLC Sold out -1,516,562-1.5m
DEUTSCHE BANK AG\ Sold out -1,172,896-1.2m
FIRST TRUST ADVISORS LP Sold out -1,169,678-1.2m
CIBC Private Wealth Group LLC Sold out -1,151,313-1.2m
RR Advisors, LLC Sold out -946,000-946.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.9m141.9k shares
SIMPLEX TRADING, LLC Added $2.0m48.4k shares
GROUP ONE TRADING LLC Reduced $1.0m25.0k shares
Walleye Trading LLC Reduced $826.1k19.8k shares
JANE STREET GROUP, LLC Reduced $200.3k4.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.8m68.0k shares
GROUP ONE TRADING LLC Added $2.1m50.6k shares
JANE STREET GROUP, LLC Added $1.1m26.8k shares
PEAK6 Investments LLC Reduced $471.4k11.3k shares
Walleye Trading LLC Reduced $329.6k7.9k shares
SIMPLEX TRADING, LLC Reduced $150.0k3.6k shares
CSS LLC/IL New $62.6k1.5k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 8,801,2738.8m $367.2m $367.2m 0.04% Added +1.8m +1,833,482
2 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 7,858,1557.9m $327.8m $327.8m 0.04% Added +3.7m +3,707,184
3 Blackstone Inc. 1.25% of their portfolio NEW YORK, NY 7,139,7967.1m $297.9m $297.9m 1.25% Added +1.7m +1,705,949
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,252,4156.3m $260.9m $260.9m 0.03% Added +4.6m +4,590,221
5 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 5,985,2826.0m $249.7m $249.7m 0.07% Reduced -2.6m -2,559,040
6 TORTOISE CAPITAL ADVISORS, L.L.C. 3.70% of their portfolio OVERLAND PARK, KS 5,903,3085.9m $246.3m $246.3m 3.70% Reduced -2.0m -1,989,723
7 BlackRock Inc. 0.01% of their portfolio New York, NY 5,608,3235.6m $234.0m $234.0m 0.01% New
8 First Trust Capital Management L.P. 10.06% of their portfolio CHICAGO, IL 5,586,3455.6m $233.1m $233.1m 10.06% Added +5.6m +5,575,350
9 CITIGROUP INC 0.27% of their portfolio NEW YORK, NY 4,750,2344.8m $198.2m $198.2m 0.27% Added +1.8m +1,816,176
10 UBS Group AG 0.07% of their portfolio ZURICH, V8 3,555,3333.6m $148.3m $148.3m 0.07% Added +1.9m +1,942,001
11 Westchester Capital Management, LLC 3.82% of their portfolio VALHALLA, NY 2,871,3602.9m $119.8m $119.8m 3.82% New
12 NEXPOINT ASSET MANAGEMENT, L.P. 9.13% of their portfolio Dallas, TX 2,018,9662.0m $84.2m $84.2m 9.13% New
13 Mirae Asset Global Investments Co., Ltd. 0.19% of their portfolio SEOUL, M5 1,920,6471.9m $80.1m $80.1m 0.19% Reduced -128.9k -128,893
14 NATIXIS 0.57% of their portfolio PARIS, I0 1,481,2001.5m $61.8m $61.8m 0.57% Added +8.7k +8,700
15 ING GROEP NV 0.57% of their portfolio AMSTERDAM, P7 1,401,4001.4m $58.5m $58.5m 0.57% Added +193.0k +193,000
16 WATER ISLAND CAPITAL LLC 4.71% of their portfolio NEW YORK, NY 1,391,2041.4m $58.0m $58.0m 4.71% New
17 JANE STREET GROUP, LLC 0.10% of their portfolio NEW YORK, NY 1,387,0681.4m $57.9m $57.9m 0.10% Added +1.2m +1,225,318
18 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 1,133,7881.1m $47.3m $47.3m 0.05% Reduced -557.5k -557,488
19 Clearbridge Investments, LLC 0.04% of their portfolio NEW YORK, NY 900,514900.5k $37.6m $37.6m 0.04% Reduced -242.0k -242,000
20 EAGLE GLOBAL ADVISORS LLC 1.86% of their portfolio Houston, TX 660,626660.6k $27.6m $27.6m 1.86% Reduced -211.0k -211,020
21 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 569,919569.9k $23.8m $23.8m 0.01% Added +41.1k +41,093
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 556,053556.1k $23.2m $23.2m 0.04% Added +215.8k +215,847
23 CHICKASAW CAPITAL MANAGEMENT LLC 1.10% of their portfolio MEMPHIS, TN 493,188493.2k $20.6m $20.6m 1.10% Reduced -2.1m -2,110,917
24 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 480,870480.9k $20.1m $20.1m 0.01% Added +255.9k +255,870
25 Fractal Investments LLC 4.37% of their portfolio Glastonbury, CT 450,614450.6k $18.8m $18.8m 4.37% Unchanged
26 MILLER HOWARD INVESTMENTS INC /NY 0.65% of their portfolio KINGSTON, NY 433,531433.5k $18.1m $18.1m 0.65% Reduced -151.3k -151,341
27 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 226,125226.1k $9.4m $9.4m 0.02% Added +128.4k +128,370
28 FMR LLC 0.00% of their portfolio BOSTON, MA 223,358223.4k $9.3m $9.3m 0.00% Added +65.6k +65,629
29 Zimmer Partners, LP 0.17% of their portfolio NEW YORK, NY 198,473198.5k $8.3m $8.3m 0.17% New
30 GARDNER LEWIS ASSET MANAGEMENT L P 2.71% of their portfolio CHADDS FORD, PA 183,277183.3k $7.6m $7.6m 2.71% New
31 GABELLI FUNDS LLC 0.06% of their portfolio Rye, NY 177,000177.0k $7.4m $7.4m 0.06% Added +132.9k +132,900
32 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 140,200140.2k $5.8m $5.8m 0.02% Reduced -21.9k -21,900
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 120,164120.2k $5.0m $5.0m 0.00% New
34 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 107,824107.8k $4.5m $4.5m 0.06% Added +93.3k +93,311
35 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.05% of their portfolio CHICAGO, IL 102,878102.9k $4.3m $4.3m 0.05% Reduced -356.8k -356,800
36 SPIRIT OF AMERICA MANAGEMENT CORP/NY 0.91% of their portfolio SYOSSET, NY 97,50097.5k $4.1m $4.1m 0.91% Added +7.0k +7,000
37 Tortoise Index Solutions, LLC 0.76% of their portfolio OVERLAND PARK, KS 96,02096.0k $4.0m $4.0m 0.76% Reduced -14.6k -14,588
38 Maryland State Retirement & Pension System 0.09% of their portfolio BALTIMORE, MD 93,92893.9k $3.9m $3.9m 0.09% Added +71.8k +71,753
39 Sovereign Investment Advisors, LLC 1.48% of their portfolio PHOENIX, AZ 89,53489.5k $3.7m $3.7m 1.48% Unchanged
40 CASTLEARK MANAGEMENT LLC 0.14% of their portfolio CHICAGO, IL 67,87567.9k $2.8m $2.8m 0.14% Reduced -2.5k -2,470
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 62,21162.2k $2.6m $2.6m 0.00% Reduced -8.2k -8,188
42 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 61,23561.2k $2.6m $2.6m 0.05% Added +2.4k +2,383
43 Kellner Capital, LLC 3.49% of their portfolio NEW YORK, NY 60,00060.0k $2.5m $2.5m 3.49% New
44 Mariner, LLC 0.01% of their portfolio Overland Park, KS 49,85949.9k $2.1m $2.1m 0.01% Reduced -11.4k -11,404
45 FORA Capital, LLC 0.20% of their portfolio MIAMI, FL 46,82346.8k $2.0m $2.0m 0.20% New
46 FIFTH LANE CAPITAL, LP 2.05% of their portfolio Austin, TX 39,34439.3k $1.6m $1.6m 2.05% Added +4.3k +4,344
47 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 35,50135.5k $1.5m $1.5m 0.00% Reduced -28.0k -27,960
48 U.S. Capital Wealth Advisors, LLC 0.07% of their portfolio AUSTIN, TX 35,00035.0k $1.5m $1.5m 0.07% Reduced -7.5k -7,500
49 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 33,93833.9k $1.4m $1.4m 0.00% Reduced -17.9k -17,871
50 GABELLI & Co INVESTMENT ADVISERS, INC. 0.25% of their portfolio Rye, NY 30,65030.6k $1.3m $1.3m 0.25% Reduced -100 -100
51 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.20% of their portfolio Fort Collins, CO 28,93728.9k $1.2m $1.2m 0.20% Added +4.9k +4,869
52 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 28,39028.4k $1.2m $1.2m 0.00% Reduced -17.5k -17,505
53 Vident Investment Advisory, LLC 0.04% of their portfolio Alpharetta, GA 28,14828.1k $1.2m $1.2m 0.04% Unchanged
54 Lavaca Capital LLC 0.27% of their portfolio HOUSTON, TX 27,60027.6k $1.2m $1.2m 0.27% Unchanged
55 EVERGREEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio Bellevue, WA 27,36027.4k $1.1m $1.1m 0.05% Added +7.5k +7,543
56 Texas Yale Capital Corp. 0.06% of their portfolio ST. PETERSBURG, FL 26,22526.2k $1.1m $1.1m 0.06% Unchanged
57 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 22,86122.9k $955.0k $955.0k 0.00% Added +5.8k +5,783
58 TWO SIGMA SECURITIES, LLC 0.08% of their portfolio NEW YORK, NY 22,06022.1k $920.3k $920.3k 0.08% Added +16.5k +16,482
59 Domani Wealth, LLC 0.20% of their portfolio YORK, PA 21,00021.0k $876.1k $876.1k 0.20% Reduced -1.2k -1,200
60 MOODY NATIONAL BANK TRUST DIVISION 0.07% of their portfolio GALVESTON, TX 18,89418.9k $788.3k $788.3k 0.07% Added +163 +163
61 Ameritas Advisory Services, LLC 0.04% of their portfolio Lincoln, NE 18,01318.0k $751.5k $751.5k 0.04% Added +9.1k +9,132
62 Linscomb Wealth, Inc. 0.04% of their portfolio Houston, TX 17,00017.0k $709.2k $709.2k 0.04% Reduced -1 -1
63 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 14,79014.8k $617.0k $617.0k 0.00% Reduced -38.8k -38,772
64 First Capital Advisors Group, LLC. 0.38% of their portfolio LITTLE SILVER, NJ 14,08414.1k $587.6k $587.6k 0.38% Unchanged
65 SkyView Investment Advisors, LLC 0.14% of their portfolio SHREWSBURY, NJ 14,08414.1k $588.0k $588.0k 0.14% Unchanged
66 Donoghue Forlines LLC 0.21% of their portfolio Boston, MA 13,72313.7k $572.5k $572.5k 0.21% Reduced -1.3k -1,286
67 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 13,55813.6k $565.6k $565.6k 0.00% Reduced -8.4k -8,408
68 Segment Wealth Management, LLC 0.06% of their portfolio HOUSTON, TX 13,00013.0k $542.4k $542.4k 0.06% Unchanged
69 Ziegler Capital Management, LLC 0.02% of their portfolio CHICAGO, IL 12,98013.0k $541.5k $541.5k 0.02% Unchanged
70 CSS LLC/IL 0.04% of their portfolio CHICAGO, IL 12,00012.0k $500.6k $500.6k 0.04% New
71 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 11,64011.6k $485.6k $485.6k 0.01% Added +2 +2
72 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,69910.7k $446.4k $446.4k 0.00% Reduced -2.5k -2,458
73 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 10,16910.2k $424.0k $424.0k 0.01% Reduced -2.8k -2,770
74 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,05510.1k $419.0k $419.0k 0.00% Added +600 +600
75 Calydon Capital 0.11% of their portfolio MEMPHIS, TN 10,00010.0k $417.2k $417.2k 0.11% Unchanged
76 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 9,5549.6k $398.6k $398.6k 0.02% Reduced -105.2k -105,246
77 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 9,4079.4k $392.5k $392.5k 0.00% Unchanged
78 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,0089.0k $375.9k $375.9k 0.00% Reduced -10.7k -10,745
79 KAYNE ANDERSON CAPITAL ADVISORS LP 0.01% of their portfolio LOS ANGELES, CA 9,0009.0k $375.5k $375.5k 0.01% Unchanged
80 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 8,8698.9k $370.0k $370.0k 0.00% Reduced -885 -885
81 Virtu Financial LLC 0.04% of their portfolio New York, NY 8,7728.8k $366.0k $366.0k 0.04% Added +97 +97
82 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 8,6308.6k $360.0k $360.0k 0.00% New
83 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 7,7167.7k $321.9k $321.9k 0.00% Reduced -93.6k -93,624
84 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 7,4427.4k $310.5k $310.5k 0.02% Unchanged
85 IronBridge Private Wealth, LLC 0.19% of their portfolio Austin, TX 6,9637.0k $290.5k $290.5k 0.19% Unchanged
86 V Wealth Advisors LLC 0.05% of their portfolio Overland Park, KS 6,4706.5k $269.9k $269.9k 0.05% Unchanged
87 GYL Financial Synergies, LLC 0.03% of their portfolio West Hartford, CT 6,2846.3k $262.2k $262.2k 0.03% New
88 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 6,1936.2k $258.4k $258.4k 0.00% Reduced -5.8k -5,825
89 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 6,1186.1k $255.2k $255.2k 0.01% New
90 IMPACTfolio, LLC 0.21% of their portfolio DENVER, CO 5,9005.9k $246.1k $246.1k 0.21% Reduced -2.6k -2,600
91 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 5,8485.8k $244.0k $244.0k 0.00% Reduced -4.8k -4,791
92 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 5,5735.6k $232.5k $232.5k 0.00% Unchanged
93 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,3575.4k $223.5k $223.5k 0.00% Reduced -4.0k -4,000
94 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,3145.3k $221.7k $221.7k 0.00% Reduced -878 -878
95 HUB Investment Partners, LLC 0.04% of their portfolio AUSTIN, TX 5,0615.1k $211.1k $211.1k 0.04% New
96 Oxbow Advisors, LLC 0.04% of their portfolio Austin, TX 5,0005.0k $208.6k $208.6k 0.04% New
97 WEALTH ALLIANCE, LLC 0.03% of their portfolio MELLVILLE, NY 4,8944.9k $204.2k $204.2k 0.03% Reduced -1.6k -1,610
98 DIVIDEND ASSETS CAPITAL, LLC 0.03% of their portfolio Ridgeland, SC 4,0004.0k $155.0k $155.0k 0.03% Unchanged
99 Icon Wealth Partners, LLC 0.02% of their portfolio HOUSTON, TX 3,8063.8k $158.8k $158.8k 0.02% First filing
100 Lee Financial Co 0.02% of their portfolio Dallas, TX 3,4613.5k $144.4k $144.4k 0.02% Reduced -807 -807