Kinder Morgan Energy Partners: Institutions Closing Share Positions in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Kinder Morgan Energy Partners LP (NYSE:KMP).

SEC data indicate that these institutions significantly reduced their stock shares of Kinder Morgan Energy Partners LP in Q3 2011:

  • ARROW INVESTMENT ADVISORS, LLC: On 06/30/2011, held 1,561,292 shares, worth $109,868,118. On 09/30/2011, held 0 shares.
  • TWO SIGMA INVESTMENTS LLC: On 06/30/2011, held 694,592 shares, worth $48,878,439. On 09/30/2011, held 0 shares.
  • TWO SIGMA ADVISERS, LLC: On 06/30/2011, held 70,800 shares, worth $4,982,196. On 09/30/2011, held 0 shares.
  • RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 54,000 shares, worth $3,799,980. On 09/30/2011, held 0 shares.
  • COMMERCE BANK N A/MO: On 06/30/2011, held 48,346 shares, worth $3,402,108. On 09/30/2011, held 0 shares.

About the company: Kinder Morgan Energy Partners, L.P., is a pipeline transportation and energy storage company. The Company operates pipelines and terminals. The pipelines transport natural gas, gasoline, crude oil, carbon dioxide and other products; and its terminals store petroleum products and chemicals, and handle bulk materials like coal and petroleum coke.

Competitors to Watch: Kinder Morgan Inc (NYSE:KMI), Copano Energy, L.L.C. (NASDAQ:CPNO), Enterprise Products Partners L.P. (NYSE:EPD), MarkWest Energy Partners, L.P. (NYSE:MWE), El Paso Pipeline Partners, L.P. (NYSE:EPB), El Paso Corporation (NYSE:EP), Enterprise GP Hldgs. L.P. (EPE), Energy Transfer Partners, L.P. (NYSE:ETP), Duncan Energy Partners L.P. (NYSE:DEP), and Magellan Midstream Partners, L.P. (NYSE:MMP).

(Note: Data regarding Kinder Morgan Energy Partners LP’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet