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NGLS

TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS

Delisted

NGLS was delisted on the 16th of February, 2016.

222 hedge funds and large institutions have $3.67B invested in TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 85 increasing their positions, 66 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $17.9M | Put options by funds: $12.1M

29% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 66

7% less funds holding

Funds holding: 238222 (-16)

28% less capital invested

Capital invested by funds: $5.13B → $3.67B (-$1.46B)

30% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 40

45% less funds holding in top 10

Funds holding in top 10: 116 (-5)

Holders
222
Holders Change
-16
Holders Change %
-6.72%
% of All Funds
5.92%
Holding in Top 10
6
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-45.45%
% of All Funds
0.16%
New
28
Increased
85
Reduced
66
Closed
40
Calls
$17.9M
Puts
$12.1M
Net Calls
+$5.79M
Net Calls Change
-$20.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$368M +$107M +1,900,781 +33%
ClearBridge Investments
2
ClearBridge Investments
New York
$362M +$8.8M +155,970 +2%
O
3
OppenheimerFunds
New York
$339M +$120M +2,128,242 +43%
AA
4
ALPS Advisors
Colorado
$312M +$59.5M +1,055,084 +19%
CCCA
5
Center Coast Capital Advisors
Texas
$289M +$122M +2,170,398 +56%
Goldman Sachs
6
Goldman Sachs
New York
$278M +$90.2M +1,599,351 +38%
KACA
7
Kayne Anderson Capital Advisors
California
$204M +$12.3M +217,300 +5%
UBS Group
8
UBS Group
Switzerland
$122M +$143M +2,541,420 New
Bank of America
9
Bank of America
North Carolina
$116M -$3.46M -61,333 -2%
Morgan Stanley
10
Morgan Stanley
New York
$110M +$21.2M +375,221 +20%
JP Morgan Chase
11
JP Morgan Chase
New York
$103M +$50.1M +888,112 +71%
MHI
12
Miller Howard Investments
New York
$77.5M +$25.2M +447,123 +38%
EIP
13
Epoch Investment Partners
New York
$76.6M +$879K +15,588 +1%
CCM
14
Chickasaw Capital Management
Tennessee
$70.2M +$17.1M +302,802 +26%
RA
15
RR Advisors
Texas
$60.5M +$677K +12,000 +1%
DPIM
16
Duff & Phelps Investment Management
Illinois
$54M -$1.41M -25,000 -2%
Citigroup
17
Citigroup
New York
$48.1M +$21.4M +378,783 +60%
Nomura Asset Management
18
Nomura Asset Management
Japan
$40.4M
SCA
19
Salient Capital Advisors
Texas
$39.9M -$31.9M -564,700 -40%
CS
20
Credit Suisse
Switzerland
$39.7M +$4.14M +73,394 +10%
Deutsche Bank
21
Deutsche Bank
Germany
$32.6M -$170M -3,017,483 -82%
Barclays
22
Barclays
United Kingdom
$32.6M -$102K -1,811 -0.3%
EIP
23
Energy Income Partners
Connecticut
$25.7M +$30.2M +535,767 New
RJA
24
Raymond James & Associates
Florida
$19.4M -$1.75M -31,046 -7%
AR
25
Advisory Research
Illinois
$16.6M +$56.4K +1,000 +0.3%

NGLS Hedge Fund Activity: Q4 2014 in Review

222 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT (NGLS) for Q4 2014, worth a combined $3.67B — down 28% from $5.13B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of NGLS and 28 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 85 added.

The largest buyer was Center Coast Capital Advisors, adding an estimated $122M. The largest seller was Deutsche Bank, cutting an estimated $170M.

  • 222 institutional investors held TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT (NGLS) as of Q4 2014, down from 238 in Q3 2014.
  • Funds reported $3.67B of TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT stock for Q4 2014, down 28% quarter-over-quarter.
  • 28 funds opened new TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT positions in Q4 2014 and 40 closed out, a net change of -12 holders.
  • The largest TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT buyer in Q4 2014 was Center Coast Capital Advisors, an estimated $122M added.
  • The largest TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT seller in Q4 2014 was Deutsche Bank, an estimated $170M sold.

Based on aggregated 13F filings for Q4 2014.