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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.

208 hedge funds and large institutions have $2.04B invested in TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT in 2015 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 47 increasing their positions, 81 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

168% more call options, than puts

Call options by funds: $20.7M | Put options by funds: $7.74M

5% less funds holding

Funds holding: 220208 (-12)

14% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 51

36% less capital invested

Capital invested by funds: $3.17B → $2.04B (-$1.13B)

42% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 81

80% less funds holding in top 10

Funds holding in top 10: 102 (-8)

Holders
208
Holders Change
-12
Holders Change %
-5.45%
% of All Funds
5.46%
Holding in Top 10
2
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-80%
% of All Funds
0.05%
New
44
Increased
47
Reduced
81
Closed
51
Calls
$20.7M
Puts
$7.74M
Net Calls
+$13M
Net Calls Change
+$3.24M
Name Holding Trade Value Shares
Change
Change in
Stake
AA
1
ALPS Advisors
Colorado
$215M +$26.2M +1,057,632 +9%
CCCA
2
Center Coast Capital Advisors
Texas
$177M +$36.2M +1,463,532 +16%
UBS Group
3
UBS Group
Switzerland
$152M +$95.2M +3,845,797 +72%
O
4
OppenheimerFunds
New York
$151M -$26.5M -1,069,499 -10%
Goldman Sachs
5
Goldman Sachs
New York
$128M -$22.9M -926,450 -11%
KACA
6
Kayne Anderson Capital Advisors
California
$120M +$34.3M +1,387,080 +24%
ClearBridge Investments
7
ClearBridge Investments
New York
$114M -$21.1M -852,758 -11%
Morgan Stanley
8
Morgan Stanley
New York
$114M +$88.8M +3,586,274 +109%
JP Morgan Chase
9
JP Morgan Chase
New York
$80M +$52.4M +2,114,574 +78%
TCA
10
Tortoise Capital Advisors
Kansas
$79.4M -$11.2M -453,924 -9%
HFA
11
Harvest Fund Advisors
Pennsylvania
$73.2M +$12.1M +489,342 +12%
Bank of America
12
Bank of America
North Carolina
$49M -$30.9M -1,249,926 -30%
EIP
13
Energy Income Partners
Connecticut
$47.7M +$8.06M +325,711 +13%
CCM
14
Chickasaw Capital Management
Tennessee
$46.2M +$11M +445,416 +19%
AR
15
Advisory Research
Illinois
$33.7M -$21.4M -863,124 -30%
CIBC Private Wealth Group
16
CIBC Private Wealth Group
Georgia
$33.4M +$37.9M +1,531,930 +312%
Deutsche Bank
17
Deutsche Bank
Germany
$31.2M +$28.7M +1,158,930 +159%
IG
18
ING Group
Netherlands
$29.4M +$18M +727,720 +69%
Renaissance Technologies
19
Renaissance Technologies
New York
$23.6M +$35.3M +1,425,790 New
DPIM
20
Duff & Phelps Investment Management
Illinois
$23.1M -$1.36M -55,000 -4%
EAM
21
Edge Asset Management
Washington
$20.9M +$5.52M +222,777 +21%
NIM
22
NXG Investment Management
Texas
$19.6M -$16.8M -680,239 -36%
COPPSERS
23
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$17.4M +$11.4M +461,579 +78%
CS
24
Credit Suisse
Switzerland
$12.1M +$3.35M +135,453 +23%
NMIMC
25
Northwestern Mutual Investment Management Company
Wisconsin
$10.9M

NGLS Hedge Fund Activity: Q4 2015 in Review

208 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT (NGLS) for Q4 2015, worth a combined $2.04B — down 36% from $3.17B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of NGLS and 44 opened new positions — a net loss of 7 holders — while 81 trimmed existing stakes and 47 added.

The largest buyer was UBS Group, adding an estimated $95.2M. The largest seller was Magnetar Financial, exiting entirely with an estimated $54.9M sold.

  • 208 institutional investors held TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT (NGLS) as of Q4 2015, down from 220 in Q3 2015.
  • Funds reported $2.04B of TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT stock for Q4 2015, down 36% quarter-over-quarter.
  • 44 funds opened new TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT positions in Q4 2015 and 51 closed out, a net change of -7 holders.
  • The largest TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT buyer in Q4 2015 was UBS Group, an estimated $95.2M added.
  • The largest TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT seller in Q4 2015 was Magnetar Financial, an estimated $54.9M sold.

Based on aggregated 13F filings for Q4 2015.