Plains GP Holdings
PAGP
263 hedge funds and large institutions have $3.5B invested in Plains GP Holdings in 2019 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 80 reducing their positions, and 27 closing their positions.
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
29% more capital invested
Capital invested by funds: $2.71B → $3.5B (+$794M)
21% more call options, than puts
Call options by funds: $16M | Put options by funds: $13.1M
20% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 80
5% more funds holding
Funds holding: 251 → 263 (+12)
2.95% more ownership
Funds ownership: 85.36% → 88.3% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$26.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$24M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$22.3M |
| 4 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$21.7M |
| 5 |
Goldman Sachs
New York
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$49.5M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$18.9M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$15.7M |
| 4 |
Millennium Management
New York
|
-$15M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$11.9M |
PAGP Hedge Fund Activity: Q1 2019 in Review
263 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2019, worth a combined $3.5B — up 29% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PAGP positions and 27 closed out — a net gain of 15 holders — while 96 added to existing stakes and 80 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $26.1M. The largest seller was Capital International Investors, exiting entirely with an estimated $49.5M sold.
- 263 institutional investors held Plains GP Holdings (PAGP) as of Q1 2019, up from 251 in Q4 2018.
- Funds reported $3.5B of Plains GP Holdings stock for Q1 2019, up 29% quarter-over-quarter.
- 42 funds opened new Plains GP Holdings positions in Q1 2019 and 27 closed out, a net change of +15 holders.
- The largest Plains GP Holdings buyer in Q1 2019 was Cohen & Steers, an estimated $26.1M added.
- The largest Plains GP Holdings seller in Q1 2019 was Capital International Investors, an estimated $49.5M sold.
Based on aggregated 13F filings for Q1 2019.