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Plains GP Holdings

249 hedge funds and large institutions have $1.76B invested in Plains GP Holdings in 2016 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 88 increasing their positions, 69 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 34

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

55% more call options, than puts

Call options by funds: $22.7M | Put options by funds: $14.7M

28% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 69

10% more funds holding

Funds holding: 226249 (+23)

5.43% less ownership

Funds ownership: 34.17%28.74% (-5.4%)

9% less capital invested

Capital invested by funds: $1.95B → $1.76B (-$185M)

Holders
249
Holders Change
+23
Holders Change %
+10.18%
% of All Funds
6.63%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.13%
New
58
Increased
88
Reduced
69
Closed
34
Calls
$22.7M
Puts
$14.7M
Net Calls
+$8.04M
Net Calls Change
+$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TPCM
26
Tide Point Capital Management
Connecticut
$15.1M +$13.4M +653,398 New
MHI
27
Miller Howard Investments
New York
$14.3M +$189K +9,182 +2%
Adage Capital Partners
28
Adage Capital Partners
Massachusetts
$14.1M +$12.5M +610,024 New
Citadel Advisors
29
Citadel Advisors
Florida
$13.9M -$27.7M -1,348,155 -69%
NIM
30
NXG Investment Management
Texas
$13.6M +$569K +27,713 +5%
TB
31
Terril Brothers
Missouri
$12.8M +$6.57M +319,827 +139%
PCM
32
PAR Capital Management
Massachusetts
$11.3M +$5.84M +284,140 +139%
CAMG
33
CWA Asset Management Group
Florida
$10.8M +$9.62M +468,388 New
Deutsche Bank
34
Deutsche Bank
Germany
$10M -$16.6M -810,304 -65%
T
35
TOBAM
France
$9.65M -$1.66M -80,589 -16%
Renaissance Technologies
36
Renaissance Technologies
New York
$9.22M -$1.74M -84,792 -18%
HAI
37
Hennessy Advisors Inc
California
$7.92M +$150K +7,322 +2%
BG
38
BlackRock Group
United Kingdom
$7.62M -$822K -40,036 -11%
Bank of America
39
Bank of America
North Carolina
$7.44M -$1.08M -52,678 -14%
IG
40
ING Group
Netherlands
$7.23M -$23.9M -1,164,100 -79%
Brown Advisory
41
Brown Advisory
Maryland
$6.66M +$550K +26,775 +10%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$6.23M -$326K -15,846 -6%
Barclays
43
Barclays
United Kingdom
$6.2M -$512K -24,929 -8%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$6.08M +$279K +13,566 +5%
BIT
45
BlackRock Institutional Trust
California
$5.91M +$281K +13,658 +6%
Principal Financial Group
46
Principal Financial Group
Iowa
$5.78M +$5.13M +249,925 New
UBS Group
47
UBS Group
Switzerland
$5.56M +$816K +39,730 +20%
NC
48
NBW Capital
Massachusetts
$5.05M +$2.76M +134,390 +160%
Swiss National Bank
49
Swiss National Bank
Switzerland
$4.92M +$1.41M +68,570 +45%
PGH
50
Partners Group Holding
Switzerland
$4.72M +$30.9K +1,502 +0.7%

PAGP Hedge Fund Activity: Q1 2016 in Review

249 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2016, worth a combined $1.76B — down 9.5% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new PAGP positions and 34 closed out — a net gain of 24 holders — while 88 added to existing stakes and 69 trimmed.

The largest buyer was Tortoise Capital Advisors, adding an estimated $108M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $154M sold.

  • 249 institutional investors held Plains GP Holdings (PAGP) as of Q1 2016, up from 226 in Q4 2015.
  • Funds reported $1.76B of Plains GP Holdings stock for Q1 2016, down 9.5% quarter-over-quarter.
  • 58 funds opened new Plains GP Holdings positions in Q1 2016 and 34 closed out, a net change of +24 holders.
  • The largest Plains GP Holdings buyer in Q1 2016 was Tortoise Capital Advisors, an estimated $108M added.
  • The largest Plains GP Holdings seller in Q1 2016 was Waddell & Reed Financial, an estimated $154M sold.

Based on aggregated 13F filings for Q1 2016.