Plains GP Holdings
PAGP
212 hedge funds and large institutions have $1.77B invested in Plains GP Holdings in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 89 increasing their positions, 67 reducing their positions, and 24 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 67
1.38% more ownership
Funds ownership: 83.37% → 84.75% (+1.4%)
4% less funds holding
Funds holding: 221 → 212 (-9)
8% less capital invested
Capital invested by funds: $1.93B → $1.77B (-$158M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $12.6M
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$33.2M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$21.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$17.5M |
| 4 |
Two Sigma Advisers
New York
|
+$15M |
| 5 |
Renaissance Technologies
New York
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$29.2M |
| 2 |
Cohen & Steers
New York
|
-$16.9M |
| 3 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$9.47M |
| 4 |
Millennium Management
New York
|
-$8.97M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$8.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Man Group
London,
United Kingdom
| – | -$131K | -10,992 | Closed |
|
|
FRM
227
Fox Run Management
Greenwich,
Connecticut
| – | -$123K | -10,339 | Closed |
|
228
Acadian Asset Management
Boston,
Massachusetts
| – | -$73K | -6,095 | Closed |
|
|
FF
229
FourThought Financial
Venice,
Florida
| – | -$59K | -5,000 | Closed |
|
|
SM
230
SG3 Management
Dorado,
Puerto Rico
| – | -$36.6K | -3,500 | Closed |
|
|
RDWM
231
Red Door Wealth Management
Memphis,
Tennessee
| – | -$22K | -1,850 | Closed |
|
232
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -1,000 | Closed |
|
|
AWA
233
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$10K | -850 | Closed |
|
|
TC
234
Truvestments Capital
Sarasota,
Florida
| – | -$3K | -248 | Closed |
|
235
Fidelity Investments
Boston,
Massachusetts
| – | +$10 | +1 | +100% |
|
PAGP Hedge Fund Activity: Q3 2021 in Review
212 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2021, worth a combined $1.77B — down 8.2% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PAGP and 17 opened new positions — a net loss of 7 holders — while 67 trimmed existing stakes and 89 added.
The largest buyer was Energy Income Partners, adding an estimated $33.2M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $29.2M sold.
- 212 institutional investors held Plains GP Holdings (PAGP) as of Q3 2021, down from 221 in Q2 2021.
- Funds reported $1.77B of Plains GP Holdings stock for Q3 2021, down 8.2% quarter-over-quarter.
- 17 funds opened new Plains GP Holdings positions in Q3 2021 and 24 closed out, a net change of -7 holders.
- The largest Plains GP Holdings buyer in Q3 2021 was Energy Income Partners, an estimated $33.2M added.
- The largest Plains GP Holdings seller in Q3 2021 was Arrowstreet Capital, an estimated $29.2M sold.
Based on aggregated 13F filings for Q3 2021.