Plains GP Holdings
PAGP
225 hedge funds and large institutions have $2.67B invested in Plains GP Holdings in 2016 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 91 increasing their positions, 82 reducing their positions, and 48 closing their positions.
251% more call options, than puts
Call options by funds: $33.3M | Put options by funds: $9.47M
47.04% more ownership
Funds ownership: 29.48% → 76.52% (+47%)
11% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 82
1% less capital invested
Capital invested by funds: $2.69B → $2.67B (-$20.4M)
7% less funds holding
Funds holding: 241 → 225 (-16)
23% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 48
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$101M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$59.4M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$49.6M |
| 4 |
Goldman Sachs
New York
|
+$28.4M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$75.7M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$59.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$47M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$34.2M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$34.2M |
PAGP Hedge Fund Activity: Q4 2016 in Review
225 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2016, worth a combined $2.67B — down 0.76% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PAGP and 37 opened new positions — a net loss of 11 holders — while 82 trimmed existing stakes and 91 added.
The largest buyer was Capital Research Global Investors, adding an estimated $101M. The largest seller was Salient Capital Advisors, cutting an estimated $75.7M.
- 225 institutional investors held Plains GP Holdings (PAGP) as of Q4 2016, down from 241 in Q3 2016.
- Funds reported $2.67B of Plains GP Holdings stock for Q4 2016, down 0.76% quarter-over-quarter.
- 37 funds opened new Plains GP Holdings positions in Q4 2016 and 48 closed out, a net change of -11 holders.
- The largest Plains GP Holdings buyer in Q4 2016 was Capital Research Global Investors, an estimated $101M added.
- The largest Plains GP Holdings seller in Q4 2016 was Salient Capital Advisors, an estimated $75.7M sold.
Based on aggregated 13F filings for Q4 2016.