Plains GP Holdings
PAGP
250 hedge funds and large institutions have $3.32B invested in Plains GP Holdings in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 111 increasing their positions, 70 reducing their positions, and 24 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 70
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
13% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $15.8M
3% more funds holding
Funds holding: 243 → 250 (+7)
0% more capital invested
Capital invested by funds: $3.31B → $3.32B (+$6.24M)
3.56% less ownership
Funds ownership: 90.11% → 86.55% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$160M |
| 2 |
PC
PointState Capital
New York
|
+$50.9M |
| 3 |
ClearBridge Investments
New York
|
+$42.3M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$31.9M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$264M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$147M |
| 3 |
SCM
Scopia Capital Management
New York
|
-$68.4M |
| 4 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$43.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$33.6M |
PAGP Hedge Fund Activity: Q3 2018 in Review
250 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2018, worth a combined $3.32B — up 0.19% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PAGP positions and 24 closed out — a net gain of 9 holders — while 111 added to existing stakes and 70 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $160M. The largest seller was Capital Research Global Investors, cutting an estimated $264M.
- 250 institutional investors held Plains GP Holdings (PAGP) as of Q3 2018, up from 243 in Q2 2018.
- Funds reported $3.32B of Plains GP Holdings stock for Q3 2018, up 0.19% quarter-over-quarter.
- 33 funds opened new Plains GP Holdings positions in Q3 2018 and 24 closed out, a net change of +9 holders.
- The largest Plains GP Holdings buyer in Q3 2018 was Capital International Investors, an estimated $160M added.
- The largest Plains GP Holdings seller in Q3 2018 was Capital Research Global Investors, an estimated $264M sold.
Based on aggregated 13F filings for Q3 2018.