Bp Capital Fund Advisors 13F annual report

Bp Capital Fund Advisors is an investment fund managing more than $91.3 million ran by Patrick Hurley. There are currently 35 companies in Mr. Hurley’s portfolio. The largest investments include Energy Transfer Lp and Enterprise Prods Partners L, together worth $21 million.

Limited to 30 biggest holdings

$91.3 million Assets Under Management (AUM)

As of 7th October 2020, Bp Capital Fund Advisors’s top holding is 854,764 shares of Energy Transfer Lp currently worth over $10.9 million and making up 12.0% of the portfolio value. In addition, the fund holds 362,594 shares of Enterprise Prods Partners L worth $10 million. The third-largest holding is The Williams Cos worth $7.42 million and the next is MPLX LP worth $7.01 million, with 278,154 shares owned.

Currently, Bp Capital Fund Advisors's portfolio is worth at least $91.3 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Bp Capital Fund Advisors

The Bp Capital Fund Advisors office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Patrick Hurley serves as the Chief Compliance Officer at Bp Capital Fund Advisors.

Recent trades

In the most recent 13F filing, Bp Capital Fund Advisors revealed that it had opened a new position in PDC and bought 85,000 shares worth $1.84 million. This means they effectively own approximately 0.1% of the company. PDC makes up 3.7% of the fund's Energy sector allocation and has decreased its share price by 48.9% in the past year.

The investment fund also strengthened its position in MPLX LP by buying 7,618 additional shares. This makes their stake in MPLX LP total 278,154 shares worth $7.01 million. MPLX LP dropped 36.6% in the past year.

On the other hand, there are companies that Bp Capital Fund Advisors is getting rid of from its portfolio. Bp Capital Fund Advisors closed its position in Tallgrass Energy Lp on 6th February 2020. It sold the previously owned 92,779 shares for $1.87 million. Patrick Hurley also disclosed a decreased stake in Energy Transfer Lp by approximately 0.1%. This leaves the value of the investment at $10.9 million and 854,764 shares.

One of the smallest hedge funds

The two most similar investment funds to Bp Capital Fund Advisors are White Square Capital LL.P. and Hilltop Wealth Advisors. They manage $91.3 million and $91.3 million respectively.

Patrick Hurley investment strategy

Bp Capital Fund Advisors’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Energy — making up 54.3% of the total portfolio value. The fund focuses on investments in the United States as 57.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 29% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $21.7 billion.

The complete list of Bp Capital Fund Advisors trades based on 13F SEC filings

These positions were updated on February 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Energy Transfer Lp	2.89% 854,764	$10,924,000	11.96%
Enterprise Prods Partners L	3.70% 362,594	$10,044,000	11.00%
The Williams Cos., Inc.	2.88% 320,068	$7,420,000	8.13%
MPLX LP	2.82% 278,154	$7,013,000	7.68%
ONEOK, Inc.	5.19% 74,054	$5,588,000	6.12%
Phillips 66 Partners LP	1.32% 79,256	$4,885,000	5.35%
Kinder Morgan, Inc.	10.00% 220,953	$4,677,000	5.12%
Magellan Midstream Prtnrs Lp	22.29% 73,932	$4,648,000	5.09%
Targa Res Corp	40.38% 75,764	$3,093,000	3.39%
Pioneer Nat Res Co	41.31% 18,500	$2,497,000	2.73%
ConocoPhillips	No change 39,725	$2,360,000	2.58%
CNX Midstream Partners LP	2.80% 140,495	$2,312,000	2.53%
Eog Res Inc	58.24% 26,900	$1,961,000	2.15%
WPX Energy, Inc.	7.64% 159,750	$1,909,000	2.09%
Tallgrass Energy Lp	Closed 92,779	$1,871,000
Concho Res Inc	14.73% 24,500	$1,856,000	2.03%
PDC Energy, Inc.	Opened 85,000	$1,835,000	2.01%
Antero Midstream Corp.	Closed 228,715	$1,714,000
Exxon Mobil Corp.	Closed 24,000	$1,695,000
Marathon Pete Corp	37.72% 29,500	$1,607,000	1.76%
EnLink Midstream LLC	Closed 187,846	$1,605,000
Nutrien Ltd.	Closed 31,700	$1,581,000
Marathon Oil Corp.	14.54% 136,000	$1,546,000	1.69%
Huntsman Corp.	No change 73,367	$1,508,000	1.65%
Granite Constr Inc	Closed 45,497	$1,462,000
MRC Global, Inc.	Closed 107,275	$1,301,000
Diamondback Energy, Inc.	32.33% 17,050	$1,268,000	1.39%
Schlumberger Ltd	Opened 37,500	$1,256,000	1.38%
Cheniere Energy Partners LP	5.68% 28,831	$1,147,000	1.26%
Devon Energy Corp.	Opened 50,000	$1,086,000	1.19%
Noble Energy, Inc.	No change 54,275	$1,073,000	1.17%
Valero Energy Corp.	58.85% 12,200	$1,028,000	1.13%
Chevron Corp.	32.61% 9,300	$996,000	1.09%
Continental Resources, Inc.	44.26% 35,800	$974,000	1.07%
Noble Midstream Partners LP	No change 36,500	$969,000	1.06%
Ubs Ag London Brh	Opened 42,800	$894,000	0.98%
Parsley Energy, Inc.	58.80% 45,000	$748,000	0.82%
Delek Us Hldgs Inc New	57.80% 21,000	$576,000	0.63%
Occidental Pete Corp	47.50% 13,000	$516,000	0.57%
Western Midstream Partners L	47.30% 19,500	$383,000	0.42%
Royal Dutch Shell PLC	70.53% 7,000	$365,000	0.40%
BP Plc	76.47% 10,000	$361,000	0.40%
Holly Energy Partners LP	Closed 4,386	$111,000
No transactions found
Showing first 500 out of 43 holdings