Plains GP Holdings
PAGP
172 hedge funds and large institutions have $3.95B invested in Plains GP Holdings in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 63 increasing their positions, 50 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
26% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 50
13% more funds holding
Funds holding: 152 → 172 (+20)
0.3% less ownership
Funds ownership: 35.83% → 35.54% (-0.3%)
5% less capital invested
Capital invested by funds: $4.14B → $3.95B (-$198M)
5% less call options, than puts
Call options by funds: $6.26M | Put options by funds: $6.6M
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$53.4M |
| 2 |
MP
MSD Partners
New York
|
+$36.9M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$21.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$18.6M |
| 5 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$59.7M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$43.5M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$36.9M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$32M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$24.8M |
PAGP Hedge Fund Activity: Q3 2014 in Review
172 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2014, worth a combined $3.95B — down 4.8% from $4.14B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PAGP positions and 8 closed out — a net gain of 22 holders — while 63 added to existing stakes and 50 trimmed.
The largest buyer was Center Coast Capital Advisors, adding an estimated $53.4M. The largest seller was Perkins Investment Management, cutting an estimated $59.7M.
- 172 institutional investors held Plains GP Holdings (PAGP) as of Q3 2014, up from 152 in Q2 2014.
- Funds reported $3.95B of Plains GP Holdings stock for Q3 2014, down 4.8% quarter-over-quarter.
- 30 funds opened new Plains GP Holdings positions in Q3 2014 and 8 closed out, a net change of +22 holders.
- The largest Plains GP Holdings buyer in Q3 2014 was Center Coast Capital Advisors, an estimated $53.4M added.
- The largest Plains GP Holdings seller in Q3 2014 was Perkins Investment Management, an estimated $59.7M sold.
Based on aggregated 13F filings for Q3 2014.