Plains GP Holdings
PAGP
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.
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: 238 → 234 (-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: 7 → 5 (-2)
Top Buyers
| 1 |
SCM
Scopia Capital Management
New York
|
+$129M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$60.8M |
| 3 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$43.5M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$40.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$40.3M |
Top Sellers
| 1 |
ZP
Zimmer Partners
New York
|
-$130M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$68.2M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$36.2M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$35.7M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$31.9M |
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.