Whetstone Capital Advisors LLC Increased Its Energy Transfer Equity LP (ETE) Stake by $19.38 Million

February 15, 2018 - By Stephen Andrade

Investors sentiment increased to 0.88 in Q3 2017. Its up 0.02, from 0.86 in 2017Q2. It is positive, as 25 investors sold ETE shares while 100 reduced holdings. 35 funds opened positions while 75 raised stakes. 527.77 million shares or 5.64% more from 499.59 million shares in 2017Q2 were reported. Mariner Wealth Ltd stated it has 0.01% in Energy Transfer Equity, L.P. (NYSE:ETE). 22,588 were accumulated by Sentinel Lba. Fmr Limited reported 562,800 shares. Signature Fincl Mngmt Inc accumulated 66,399 shares or 0.35% of the stock. Bnp Paribas Arbitrage stated it has 32 shares. Blackhill Capital Inc has 68,800 shares. Berkshire Asset Management Limited Liability Corp Pa holds 14,944 shares. Homrich And Berg stated it has 13,600 shares or 0.02% of all its holdings. Advisory Research Inc invested in 832,765 shares. Highland Mgmt Ltd Co has 0.08% invested in Energy Transfer Equity, L.P. (NYSE:ETE). Bnp Paribas Asset Mgmt Hldg Sa has 0.01% invested in Energy Transfer Equity, L.P. (NYSE:ETE). C V Starr &, a New York-based fund reported 110,230 shares. Botty Invsts Ltd Liability accumulated 46,885 shares. Oppenheimer Asset Mgmt invested in 54,034 shares. Signaturefd Ltd Liability Com reported 57,450 shares.

David Atterbury increased its stake in Energy Transfer Equity LP (ETE) by 246.4% based on its latest 2017Q3 regulatory filing with the SEC. Whetstone Capital Advisors Llc bought 1.14 million shares as the company’s stock declined 2.31% while stock markets rallied. The hedge fund run by David Atterbury held 1.60M shares of the public utilities company at the end of 2017Q3, valued at $27.85 million, up from 462,600 at the end of the previous reported quarter. Whetstone Capital Advisors Llc who had been investing in Energy Transfer Equity LP for a number of months, seems to be bullish on the $18.51 billion market cap company. The stock decreased 1.44% or $0.25 during the last trading session, reaching $17.12. About 1.52M shares traded. Energy Transfer Equity, L.P. (NYSE:ETE) has risen 42.68% since February 15, 2017 and is uptrending. It has outperformed by 25.98% the S&P500.

Whetstone Capital Advisors Llc, which manages about $149.80M and $219.44M US Long portfolio, decreased its stake in Williams Cos Inc Del (NYSE:WMB) by 172,133 shares to 144,767 shares, valued at $4.34 million in 2017Q3, according to the filing.

More notable recent Energy Transfer Equity, L.P. (NYSE:ETE) news were published by: Prnewswire.com which released: “Sunoco LP and Energy Transfer Announce Redemption of Sunoco Series A Preferred …” on January 25, 2018, also Gurufocus.com with their article: “Blackstone Group LP Buys Enterprise Products Partners LP, Energy Transfer …” published on February 15, 2018, Businesswire.com published: “Energy Transfer Equity Announces Increase in Quarterly Cash Distribution” on January 29, 2018. More interesting news about Energy Transfer Equity, L.P. (NYSE:ETE) were released by: Seekingalpha.com and their article: “A Seismic Shift For Energy Transfer Partners” published on January 18, 2018 as well as Fool.com‘s news article titled: “Forget Energy Transfer Partners LP: Kinder Morgan, Inc. Is a Better Pipeline Stock” with publication date: February 14, 2018.

Energy Transfer Equity, L.P. (NYSE:ETE) Ratings Coverage

Among 15 analysts covering Energy Transfer Equity LP (NYSE:ETE), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Energy Transfer Equity LP had 37 analyst reports since October 27, 2015 according to SRatingsIntel. Bernstein initiated Energy Transfer Equity, L.P. (NYSE:ETE) on Wednesday, May 11 with “Market Perform” rating. The firm has “Buy” rating given on Tuesday, August 15 by Stifel Nicolaus. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) has “Neutral” rating given on Wednesday, July 13 by Goldman Sachs. The rating was initiated by Stephens on Thursday, September 29 with “Equal-Weight”. The firm has “Buy” rating given on Monday, September 11 by Jefferies. The stock has “Buy” rating by Jefferies on Wednesday, April 19. The company was upgraded on Thursday, January 12 by Raymond James. Jefferies maintained Energy Transfer Equity, L.P. (NYSE:ETE) on Friday, September 8 with “Buy” rating. Jefferies maintained the shares of ETE in report on Tuesday, March 22 with “Buy” rating. The firm has “Buy” rating given on Tuesday, October 17 by Goldman Sachs.

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