Plains GP Holdings
PAGP
226 hedge funds and large institutions have $1.95B invested in Plains GP Holdings in 2015 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 74 increasing their positions, 56 reducing their positions, and 48 closing their positions.
56% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 48
32% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 56
12% more funds holding
Funds holding: 202 → 226 (+24)
1.28% less ownership
Funds ownership: 35.45% → 34.17% (-1.3%)
47% less capital invested
Capital invested by funds: $3.7B → $1.95B (-$1.75B)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
76% less call options, than puts
Call options by funds: $4.6M | Put options by funds: $19.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$112M |
| 2 |
Morgan Stanley
New York
|
+$85.9M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$71.4M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$55.8M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$42.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$199M |
| 2 |
Goldman Sachs
New York
|
-$177M |
| 3 |
SC
Sculptor Capital
New York
|
-$162M |
| 4 |
ZP
Zimmer Partners
New York
|
-$76M |
| 5 |
SCP
Soroban Capital Partners
New York
|
-$52.6M |
PAGP Hedge Fund Activity: Q4 2015 in Review
226 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2015, worth a combined $1.95B — down 47% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new PAGP positions and 48 closed out — a net gain of 27 holders — while 74 added to existing stakes and 56 trimmed.
The largest buyer was Chickasaw Capital Management, adding an estimated $112M. The largest seller was Capital World Investors, exiting entirely with an estimated $199M sold.
- 226 institutional investors held Plains GP Holdings (PAGP) as of Q4 2015, up from 202 in Q3 2015.
- Funds reported $1.95B of Plains GP Holdings stock for Q4 2015, down 47% quarter-over-quarter.
- 75 funds opened new Plains GP Holdings positions in Q4 2015 and 48 closed out, a net change of +27 holders.
- The largest Plains GP Holdings buyer in Q4 2015 was Chickasaw Capital Management, an estimated $112M added.
- The largest Plains GP Holdings seller in Q4 2015 was Capital World Investors, an estimated $199M sold.
Based on aggregated 13F filings for Q4 2015.