Vault-13

MAGELLAN MIDSTREAM PRTNRS LP

COM UNIT RP LP · MLP · CUSIP 559080106

615 institutional holders -3 vs Q1 2023
112,645,874112.6m shares reported held*
$7.0bnreported value*
67 new 108 added 234 reduced 70 sold out net bought ≈ $262.5m (+5.1m 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 ($7.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.44. Options: 12 managers hold calls ($100.3m notional), 10 hold puts ($77.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 591Q4 22: 628Q1 23: 618Q2 23: 615615Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022591
Q4 2022628
Q1 2023618
Q2 2023615

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 248 bought or addedQ4 22: 204 cut or sold outQ4 22Q1 23: 235 bought or addedQ1 23: 213 cut or sold outQ1 23Q2 23: 175 bought or addedQ2 23: 304 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022248204
Q1 2023235213
Q2 2023175304

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 22 calls: $110.8mQ3 22 puts: $37.8mQ3 22P/C 0.34Q4 22 calls: $115.8mQ4 22 puts: $46.1mQ4 22P/C 0.40Q1 23 calls: $122.5mQ1 23 puts: $48.2mQ1 23P/C 0.39Q2 23 calls: $100.3mQ2 23 puts: $77.4mQ2 23P/C 0.77
Numbers
QuarterCallsPutsP/C
Q3 2022$110.8m$37.8m0.34
Q4 2022$115.8m$46.1m0.40
Q1 2023$122.5m$48.2m0.39
Q2 2023$100.3m$77.4m0.77

Biggest buyers

JPMORGAN CHASE & CO Added +3,400,925+3.4m
MORGAN STANLEY Added +2,729,340+2.7m
Blackstone Inc. Added +1,758,203+1.8m
CITIGROUP INC Added +1,696,395+1.7m
Westchester Capital Management, LLC New +1,183,980+1.2m
HRT FINANCIAL LP New +1,126,204+1.1m
TORTOISE CAPITAL ADVISORS, L.L.C. Added +1,109,683+1.1m
GOLDMAN SACHS GROUP INC Added +845,173+845.2k
UBS Group AG Added +791,935+791.9k
COWEN AND COMPANY, LLC New +725,000+725.0k

Biggest sellers

Invesco Ltd. Reduced -3,280,420-3.3m
ALPS ADVISORS INC Reduced -2,200,750-2.2m
JANUS HENDERSON GROUP PLC Reduced -1,199,417-1.2m
KAYNE ANDERSON CAPITAL ADVISORS LP Reduced -951,512-951.5k
Epoch Investment Partners, Inc. Sold out -847,308-847.3k
BERKLEY W R CORP Sold out -650,000-650.0k
First Eagle Investment Management, LLC Reduced -595,346-595.3k
DUFF & PHELPS INVESTMENT MANAGEMENT CO Reduced -485,221-485.2k
EAGLE GLOBAL ADVISORS LLC Reduced -404,847-404.8k
Brookfield Corp /ON/ Reduced -339,514-339.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $56.1m899.4k shares
CITADEL ADVISORS LLC Reduced $11.6m186.8k shares
GROUP ONE TRADING LLC Added $10.9m175.4k shares
SIMPLEX TRADING, LLC Reduced $10.0m160.1k shares
JANE STREET GROUP, LLC Added $5.8m92.9k shares
WOLVERINE TRADING, LLC New $2.3m37.1k shares
Walleye Trading LLC Reduced $2.0m31.9k shares
CSS LLC/IL New $941.0k15.1k shares
HSBC HOLDINGS PLC Unchanged $336.2k5.4k shares
PEAK6 Investments LLC New $311.6k5.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $39.9m639.6k shares
CITADEL ADVISORS LLC Reduced $17.7m283.8k shares
SIMPLEX TRADING, LLC Added $8.9m142.7k shares
GROUP ONE TRADING LLC Reduced $6.3m100.8k shares
WOLVERINE TRADING, LLC New $1.3m20.3k shares
JANE STREET GROUP, LLC Reduced $1.2m19.0k shares
Walleye Trading LLC Added $1.2m18.5k shares
HSBC HOLDINGS PLC Unchanged $803.2k12.9k shares
CSS LLC/IL New $317.8k5.1k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALPS ADVISORS INC 7.18% of their portfolio Denver, CO 13,268,43513.3m $826.9m $826.9m 7.18% Reduced -2.2m -2,200,750
2 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 7,049,5017.0m $439.3m $439.3m 0.11% Added +845.2k +845,173
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 6,927,5586.9m $431.7m $431.7m 0.04% Added +2.7m +2,729,340
4 JANUS HENDERSON GROUP PLC 0.25% of their portfolio LONDON, X0 6,537,1336.5m $407.4m $407.4m 0.25% Reduced -1.2m -1,199,417
5 Energy Income Partners, LLC 7.94% of their portfolio Westport, CT 5,997,3946.0m $373.8m $373.8m 7.94% Reduced -317.8k -317,792
6 Blackstone Inc. 1.59% of their portfolio NEW YORK, NY 5,864,0515.9m $365.4m $365.4m 1.59% Added +1.8m +1,758,203
7 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 5,033,8005.0m $313.7m $313.7m 0.04% Added +3.4m +3,400,925
8 TORTOISE CAPITAL ADVISORS, L.L.C. 4.44% of their portfolio OVERLAND PARK, KS 4,674,3144.7m $291.3m $291.3m 4.44% Added +1.1m +1,109,683
9 Invesco Ltd. 0.07% of their portfolio ATLANTA, GA 4,361,2814.4m $271.8m $271.8m 0.07% Reduced -3.3m -3,280,420
10 UBS Group AG 0.11% of their portfolio ZURICH, V8 3,927,9823.9m $244.8m $244.8m 0.11% Added +791.9k +791,935
11 CIBC Private Wealth Group LLC 0.25% of their portfolio ATLANTA, GA 3,680,1103.7m $229.3m $229.3m 0.25% Added +669.7k +669,680
12 Mirae Asset Global Investments Co., Ltd. 0.44% of their portfolio SEOUL, M5 3,282,5503.3m $204.6m $204.6m 0.44% Reduced -227.3k -227,324
13 Clearbridge Investments, LLC 0.16% of their portfolio NEW YORK, NY 2,878,7572.9m $179.4m $179.4m 0.16% Reduced -29.7k -29,710
14 CHICKASAW CAPITAL MANAGEMENT LLC 9.09% of their portfolio MEMPHIS, TN 2,637,3892.6m $164.4m $164.4m 9.09% Reduced -192.4k -192,370
15 CITIGROUP INC 0.16% of their portfolio NEW YORK, NY 1,933,9761.9m $120.5m $120.5m 0.16% Added +1.7m +1,696,395
16 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,511,1491.5m $94.2m $94.2m 0.01% Reduced -320.0k -319,974
17 Westchester Capital Management, LLC 2.55% of their portfolio VALHALLA, NY 1,183,9801.2m $73.8m $73.8m 2.55% New
18 HRT FINANCIAL LP 0.67% of their portfolio NEW YORK, NY 1,126,2041.1m $70.2m $70.2m 0.67% New
19 Brookfield Corp /ON/ 0.22% of their portfolio TORONTO, A6 906,264906.3k $56.5m $56.5m 0.22% Reduced -339.5k -339,514
20 Bollard Group LLC 1.76% of their portfolio BOSTON, MA 827,870827.9k $51.6m $51.6m 1.76% Added +13.0k +12,977
21 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 787,168787.2k $49.1m $49.1m 0.03% Reduced -36.3k -36,349
22 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 738,660738.7k $46.0m $46.0m 0.23% Added +689.0k +689,000
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 731,365731.4k $45.6m $45.6m 0.07% Added +714.7k +714,714
24 COWEN AND COMPANY, LLC 3.75% of their portfolio NEW YORK, NY 725,000725.0k $45.2m $45.2m 3.75% New
25 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 712,892712.9k $44.4m $44.4m 0.01% Reduced -86.9k -86,898
26 Fractal Investments LLC 9.67% of their portfolio Glastonbury, CT 696,744696.7k $43.4m $43.4m 9.67% Reduced -21.4k -21,356
27 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 2.61% of their portfolio Greenbrae, CA 662,998663.0k $41.3m $41.3m 2.61% Reduced -10.2k -10,187
28 ING GROEP NV 0.31% of their portfolio AMSTERDAM, P7 650,000650.0k $40.5m $40.5m 0.31% New
29 MILLER HOWARD INVESTMENTS INC /NY 1.44% of their portfolio KINGSTON, NY 648,125648.1k $40.4m $40.4m 1.44% Reduced -4.3k -4,302
30 NATIXIS 0.33% of their portfolio PARIS, I0 615,120615.1k $38.3m $38.3m 0.33% Reduced -276.7k -276,736
31 JENNISON ASSOCIATES LLC 0.03% of their portfolio NEW YORK, NY 551,942551.9k $34.4m $34.4m 0.03% Added +237.9k +237,857
32 First Eagle Investment Management, LLC 0.08% of their portfolio NEW YORK, NY 509,796509.8k $31.8m $31.8m 0.08% Reduced -595.3k -595,346
33 Texas Yale Capital Corp. 1.48% of their portfolio ST. PETERSBURG, FL 505,379505.4k $31.5m $31.5m 1.48% Reduced -11.6k -11,581
34 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 6.86% of their portfolio BOSTON, MA 479,620479.6k $29.9m $29.9m 6.86% Reduced -285.5k -285,473
35 BEACH INVESTMENT COUNSEL INC/PA 3.51% of their portfolio WEST CONSHOHOCKEN, PA 473,576473.6k $29.5m $29.5m 3.51% Reduced -6.2k -6,179
36 INFRASTRUCTURE CAPITAL ADVISORS, LLC 4.28% of their portfolio New York, NY 466,736466.7k $29.1m $29.1m 4.28% Reduced -34.3k -34,297
37 NEXPOINT ASSET MANAGEMENT, L.P. 4.29% of their portfolio Dallas, TX 457,262457.3k $28.5m $28.5m 4.29% New
38 KAYNE ANDERSON CAPITAL ADVISORS LP 0.76% of their portfolio LOS ANGELES, CA 402,816402.8k $25.1m $25.1m 0.76% Reduced -951.5k -951,512
39 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 378,086378.1k $23.5m $23.5m 0.05% Reduced -320.5k -320,514
40 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 374,123374.1k $23.3m $23.3m 0.02% Reduced -20.3k -20,299
41 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 362,445362.4k $22.6m $22.6m 0.03% Added +323.8k +323,813
42 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 359,332359.3k $22.4m $22.4m 0.04% Reduced -73.2k -73,218
43 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 318,682318.7k $19.9m $19.9m 0.01% Reduced -48.5k -48,463
44 Capital Investment Advisors, LLC 0.59% of their portfolio ATLANTA, GA 311,788311.8k $19.4m $19.4m 0.59% Reduced -903 -903
45 New York Life Investment Management LLC 0.20% of their portfolio New York, NY 302,624302.6k $18.9m $18.9m 0.20% New
46 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 286,416286.4k $17.8m $17.8m 0.01% Reduced -22.7k -22,700
47 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 277,699277.7k $17.3m $17.3m 0.01% Reduced -66.1k -66,057
48 Chicago Partners Investment Group LLC 0.93% of their portfolio CHICAGO, IL 273,581273.6k $17.8m $17.8m 0.93% Reduced -14.9k -14,938
49 DIVIDEND ASSETS CAPITAL, LLC 3.49% of their portfolio Ridgeland, SC 271,887271.9k $16.9m $16.9m 3.49% Reduced -84.0k -83,986
50 Recurrent Investment Advisors LLC 2.75% of their portfolio HOUSTON, TX 260,531260.5k $16.2m $16.2m 2.75% Added +18.1k +18,100
51 Progeny 3, Inc. 2.43% of their portfolio KIRKLAND, WA 256,995257.0k $16.0m $16.0m 2.43% Reduced -32.8k -32,800
52 First Trust Capital Management L.P. 0.94% of their portfolio CHICAGO, IL 252,525252.5k $15.7m $15.7m 0.94% New
53 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio ORLANDO, FL 234,040234.0k $470.4k $470.4k 0.06% New
54 Maryland State Retirement & Pension System 0.28% of their portfolio BALTIMORE, MD 213,451213.5k $13.3m $13.3m 0.28% Added +3.5k +3,523
55 SPIRIT OF AMERICA MANAGEMENT CORP/NY 2.98% of their portfolio SYOSSET, NY 212,515212.5k $13.2m $13.2m 2.98% Reduced -1.1k -1,100
56 WATER ISLAND CAPITAL LLC 1.22% of their portfolio NEW YORK, NY 210,360210.4k $13.1m $13.1m 1.22% New
57 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 196,663196.7k $12.3m $12.3m 0.01% Reduced -916 -916
58 Mariner, LLC 0.03% of their portfolio Overland Park, KS 192,789192.8k $12.0m $12.0m 0.03% Reduced -12.5k -12,454
59 BROWN ADVISORY INC 0.02% of their portfolio BALTIMORE, MD 191,306191.3k $11.9m $11.9m 0.02% Reduced -1.8k -1,770
60 EXCHANGE TRADED CONCEPTS, LLC 0.29% of their portfolio Oklahoma City, OK 190,234190.2k $11.9m $11.9m 0.29% New
61 Tortoise Index Solutions, LLC 2.42% of their portfolio OVERLAND PARK, KS 190,234190.2k $11.9m $11.9m 2.42% Reduced -24.4k -24,369
62 WESTWOOD HOLDINGS GROUP INC 0.10% of their portfolio DALLAS, TX 185,281185.3k $11.5m $11.5m 0.10% Reduced -249.4k -249,394
63 KARPAS STRATEGIES, LLC 3.89% of their portfolio LITCHFIELD, CT 185,180185.2k $11.5m $11.5m 3.89% Reduced -330 -330
64 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 184,542184.5k $11.5m $11.5m 0.02% Reduced -68.3k -68,308
65 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 182,716182.7k $11.4m $11.4m 0.04% Reduced -3.5k -3,529
66 BLAIR WILLIAM & CO/IL 0.04% of their portfolio CHICAGO, IL 182,575182.6k $11.4m $11.4m 0.04% Reduced -5.9k -5,923
67 GLENMEDE TRUST CO NA 0.05% of their portfolio PHILADELPHIA, PA 177,635177.6k $9.6m $9.6m 0.05% Unchanged
68 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 173,237173.2k $10.8m $10.8m 0.01% Reduced -292 -292
69 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 161,747161.7k $10.1m $10.1m 0.01% Reduced -30.0k -29,954
70 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 159,735159.7k $10.0m $10.0m 0.04% Added +24.5k +24,491
71 FMR LLC 0.00% of their portfolio BOSTON, MA 159,483159.5k $9.9m $9.9m 0.00% Reduced -18.5k -18,499
72 Heronetta Management, L.P. 7.20% of their portfolio NEW YORK, NY 158,023158.0k $9.8m $9.8m 7.20% Reduced -25.0k -25,000
73 Sovereign Investment Advisors, LLC 3.38% of their portfolio PHOENIX, AZ 143,703143.7k $9.0m $9.0m 3.38% Unchanged
74 U.S. Capital Wealth Advisors, LLC 0.41% of their portfolio AUSTIN, TX 138,718138.7k $8.6m $8.6m 0.41% Reduced -28.7k -28,726
75 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 3.14% of their portfolio GREENWOOD VILLAGE, CO 138,686138.7k $8.6m $8.6m 3.14% Added +2.2k +2,238
76 WP Advisors, LLC 3.44% of their portfolio San Francisco, CA 137,877137.9k $8.6m $8.6m 3.44% Added +406 +406
77 Insight Folios Inc 3.55% of their portfolio Charlotte, NC 135,777135.8k $8.5m $8.5m 3.55% Added +3.7k +3,724
78 Morningstar Investment Services LLC 0.11% of their portfolio CHICAGO, IL 133,387133.4k $8.3m $8.3m 0.11% Reduced -61.7k -61,654
79 DUPONT CAPITAL MANAGEMENT CORP 0.39% of their portfolio Wilmington, DE 127,000127.0k $7.9m $7.9m 0.39% New
80 EVERGREEN CAPITAL MANAGEMENT LLC 0.32% of their portfolio Bellevue, WA 122,472122.5k $7.6m $7.6m 0.32% Reduced -642 -642
81 Bridgecreek Investment Management, LLC 1.43% of their portfolio Tulsa, OK 121,790121.8k $7.6m $7.6m 1.43% Reduced -25.6k -25,550
82 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.73% of their portfolio DALLAS, TX 121,437121.4k $7.6m $7.6m 0.73% Reduced -47.2k -47,234
83 MAI Capital Management 0.11% of their portfolio INDEPENDENCE, OH 121,341121.3k $7.6m $7.6m 0.11% Reduced -2.3k -2,310
84 Americana Partners, LLC 0.97% of their portfolio Houston, TX 121,208121.2k $7.6m $7.6m 0.97% Reduced -12.8k -12,772
85 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 120,273120.3k $7.5m $7.5m 0.01% Reduced -9.8k -9,805
86 Gilman Hill Asset Management, LLC 1.35% of their portfolio NEW CANAAN, CT 116,290116.3k $7.2m $7.2m 1.35% Added +80 +80
87 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 114,077114.1k $7.1m $7.1m 0.01% Reduced -33.9k -33,900
88 LEAVELL INVESTMENT MANAGEMENT, INC. 0.48% of their portfolio MOBILE, AL 112,540112.5k $7.0m $7.0m 0.48% Reduced -1.4k -1,350
89 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 112,200112.2k $7.0m $7.0m 0.02% New
90 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 110,609110.6k $6.9m $6.9m 0.04% Reduced -20.9k -20,916
91 Williams Jones Wealth Management, LLC. 0.10% of their portfolio NEW YORK, NY 109,203109.2k $6.8m $6.8m 0.10% Reduced -57.2k -57,185
92 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 108,628108.6k $6.8m $6.8m 0.03% Reduced -1.1k -1,070
93 KEYBANK NATIONAL ASSOCIATION/OH 0.03% of their portfolio BROOKLYN, OH 104,474104.5k $6.5m $6.5m 0.03% Reduced -480 -480
94 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 103,686103.7k $6.5m $6.5m 0.00% Added +466 +466
95 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 99,88299.9k $6.2m $6.2m 0.01% Added +26.8k +26,827
96 BOKF, NA 0.13% of their portfolio TULSA, OK 99,17699.2k $6.2m $6.2m 0.13% Unchanged
97 DAVENPORT & Co LLC 0.04% of their portfolio RICHMOND, VA 95,61595.6k $6.0m $6.0m 0.04% Added +65.3k +65,332
98 Bard Financial Services, Inc. 0.44% of their portfolio BRANFORD, CT 93,41593.4k $5.8m $5.8m 0.44% Reduced -4.0k -4,050
99 Moors & Cabot, Inc. 0.38% of their portfolio BOSTON, MA 92,04192.0k $5.7m $5.7m 0.38% Reduced -1.3k -1,336
100 B. Riley Wealth Advisors, Inc. 0.13% of their portfolio MEMPHIS, TN 91,96292.0k $5.7m $5.7m 0.13% Reduced -4.8k -4,774