Plains GP Holdings
PAGP
234 hedge funds and large institutions have $2.92B invested in Plains GP Holdings in 2018 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 96 increasing their positions, 63 reducing their positions, and 35 closing their positions.
154% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $7.67M
52% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 63
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1.29% more ownership
Funds ownership: 84.26% → 85.55% (+1.3%)
9% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 35
2% more capital invested
Capital invested by funds: $2.86B → $2.92B (+$56.3M)
0% more funds holding
Funds holding: 233 → 234 (+1)
Top Buyers
| 1 |
Millennium Management
New York
|
+$32.8M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$32.7M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$23M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.5M |
| 5 |
PC
PointState Capital
New York
|
+$22.4M |
Top Sellers
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$52.6M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$51.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$18.9M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$11.9M |
| 5 |
Goldman Sachs
New York
|
-$8.76M |
PAGP Hedge Fund Activity: Q1 2018 in Review
234 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2018, worth a combined $2.92B — up 2% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PAGP positions and 35 closed out — a net gain of 3 holders — while 96 added to existing stakes and 63 trimmed.
The largest buyer was Millennium Management, adding an estimated $32.8M. The largest seller was Highfields Capital Management, exiting entirely with an estimated $52.6M sold.
- 234 institutional investors held Plains GP Holdings (PAGP) as of Q1 2018, up from 233 in Q4 2017.
- Funds reported $2.92B of Plains GP Holdings stock for Q1 2018, up 2% quarter-over-quarter.
- 38 funds opened new Plains GP Holdings positions in Q1 2018 and 35 closed out, a net change of +3 holders.
- The largest Plains GP Holdings buyer in Q1 2018 was Millennium Management, an estimated $32.8M added.
- The largest Plains GP Holdings seller in Q1 2018 was Highfields Capital Management, an estimated $52.6M sold.
Based on aggregated 13F filings for Q1 2018.