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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
Susquehanna International Group
101
Susquehanna International Group
Pennsylvania
$1.13M -$609K -29,651 -38%
PG
102
PEAK6 Group
Illinois
$1.12M +$92.2K +4,487 +10%
State of Wisconsin Investment Board
103
State of Wisconsin Investment Board
Wisconsin
$1.11M +$988K +48,104 New
WF
104
Welch & Forbes
Massachusetts
$1.11M +$53.8K +2,619 +6%
ST
105
Spot Trading
Illinois
$1.04M +$68.2K +3,322 +8%
VanEck Associates
106
VanEck Associates
New York
$1.03M +$911K +44,324 New
UCFA
107
United Capital Financial Advisors
Texas
$960K -$603K -29,375 -41%
PFBT
108
Parkside Financial Bank & Trust
Missouri
$947K +$596K +28,996 +243%
Teacher Retirement System of Texas
109
Teacher Retirement System of Texas
Texas
$946K +$798K +38,828 +1,891%
CWA
110
Cypress Wealth Advisors
California
$890K +$674K +32,820 +583%
CGT
111
Capital Guardian Trust
California
$887K
BFA
112
BlackRock Fund Advisors
California
$868K +$177K +8,637 +30%
APG Asset Management
113
APG Asset Management
Netherlands
$818K -$816K -39,742 -53%
Point72 Asset Management
114
Point72 Asset Management
Connecticut
$814K -$5.16M -251,408 -88%
HB
115
Homrich & Berg
Georgia
$771K +$49.9K +2,430 +8%
Citigroup
116
Citigroup
New York
$762K -$662K -32,222 -49%
ACI
117
AMP Capital Investors
Australia
$751K -$781 -38 -0.1%
LCM
118
Lucas Capital Management
New Jersey
$727K -$308K -15,004 -32%
WFI
119
West Family Investments
California
$713K
GT
120
Glenmede Trust
Pennsylvania
$706K -$286K -13,903 -31%
SLAM
121
Swiss Life Asset Management
$705K +$627K +30,507 New
TYCC
122
Texas Yale Capital Corp
Florida
$686K +$154K +7,510 +34%
Legal & General Group
123
Legal & General Group
United Kingdom
$686K +$239K +11,648 +65%
TAF
124
Tredje AP-fonden
Sweden
$683K +$543K +26,451 New
Envestnet Asset Management
125
Envestnet Asset Management
Illinois
$671K -$512K -24,926 -46%

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.