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Plains GP Holdings

234 hedge funds and large institutions have $2.81B invested in Plains GP Holdings in 2017 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 77 increasing their positions, 86 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

720% more call options, than puts

Call options by funds: $141M | Put options by funds: $17.2M

0.73% more ownership

Funds ownership: 83.17%83.9% (+0.73%)

5% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 39

2% less funds holding

Funds holding: 238234 (-4)

10% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 86

16% less capital invested

Capital invested by funds: $3.33B → $2.81B (-$517M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
234
Holders Change
-4
Holders Change %
-1.68%
% of All Funds
5.83%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.12%
New
37
Increased
77
Reduced
86
Closed
39
Calls
$141M
Puts
$17.2M
Net Calls
+$124M
Net Calls Change
+$111M
Name Holding Trade Value Shares
Change
Change in
Stake
Bessemer Group
126
Bessemer Group
New Jersey
$1.04M +$472K +19,882 +72%
RJFSA
127
Raymond James Financial Services Advisors
Florida
$979K +$278K +11,696 +35%
Neuberger Berman Group
128
Neuberger Berman Group
New York
$932K -$378K -15,927 -27%
GIBU
129
Gulf International Bank (UK)
United Kingdom
$925K
VanEck Associates
130
VanEck Associates
New York
$871K -$122K -5,152 -11%
TI
131
Trexquant Investment
Connecticut
$858K +$462K +19,433 +98%
GCP
132
GSA Capital Partners
United Kingdom
$825K -$189K -7,973 -17%
Teacher Retirement System of Texas
133
Teacher Retirement System of Texas
Texas
$790K +$551K +23,213 +180%
Canada Life
134
Canada Life
Manitoba, Canada
$786K -$16.7K -704 -2%
Citadel Advisors
135
Citadel Advisors
Florida
$783K -$558K -23,500 -40%
Citigroup
136
Citigroup
New York
$754K +$448K +18,851 +121%
AllianceBernstein
137
AllianceBernstein
Tennessee
$696K -$6.91K -291 -0.9%
PFS
138
Prospera Financial Services
Texas
$692K -$44.6K -1,877 -6%
IECM
139
Intrinsic Edge Capital Management
Illinois
$656K -$216K -9,083 -23%
WF
140
Welch & Forbes
Massachusetts
$633K -$192K -8,104 -22%
PL
141
Parkwood LLC
Ohio
$592K -$820K -34,509 -56%
SEC
142
Seven Eight Capital
New York
$583K +$251K +10,584 +66%
CCM
143
Coe Capital Management
Illinois
$576K -$43.1K -1,815 -6%
PFC
144
Poplar Forest Capital
California
$574K -$154K -6,500 -20%
Mitsubishi UFJ Asset Management
145
Mitsubishi UFJ Asset Management
Japan
$569K +$617K +26,000 New
HC
146
Hawkins Capital
Texas
$525K
LA
147
LVW Advisors
New York
$518K -$496K -20,899 Closed
BOIA
148
Bush ODonnell Investment Advisors
Missouri
$511K -$27.6K -1,162 -5%
S
149
SignatureFD
Georgia
$508K +$75.6K +3,185 +16%
Russell Investments Group
150
Russell Investments Group
United Kingdom
$492K -$10.2M -430,872 -95%

PAGP Hedge Fund Activity: Q3 2017 in Review

234 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2017, worth a combined $2.81B — down 16% from $3.33B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of PAGP and 37 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 77 added.

The largest buyer was Scopia Capital Management, opening a new position worth an estimated $129M. The largest seller was Zimmer Partners, exiting entirely with an estimated $130M sold.

  • 234 institutional investors held Plains GP Holdings (PAGP) as of Q3 2017, down from 238 in Q2 2017.
  • Funds reported $2.81B of Plains GP Holdings stock for Q3 2017, down 16% quarter-over-quarter.
  • 37 funds opened new Plains GP Holdings positions in Q3 2017 and 39 closed out, a net change of -2 holders.
  • The largest Plains GP Holdings buyer in Q3 2017 was Scopia Capital Management, an estimated $129M added.
  • The largest Plains GP Holdings seller in Q3 2017 was Zimmer Partners, an estimated $130M sold.

Based on aggregated 13F filings for Q3 2017.