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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
TAF
176
Tredje AP-fonden
Sweden
$291K -$519K -21,870 -62%
HCM
177
Hodges Capital Management
Texas
$290K -$69.2K -2,913 -18%
CS
178
Candriam SCA
Luxembourg
$278K +$302K +12,720 New
California State Teachers Retirement System (CalSTRS)
179
California State Teachers Retirement System (CalSTRS)
California
$275K +$2.23K +94 +0.8%
APP
180
Avantax Planning Partners
Iowa
$273K -$7.13K -300 -2%
HCA
181
Harbour Capital Advisors
Virginia
$262K
State Board of Administration of Florida Retirement System
182
State Board of Administration of Florida Retirement System
Florida
$262K
Pacer Advisors
183
Pacer Advisors
Pennsylvania
$260K
BFS
184
Bradley Foster & Sargent
Connecticut
$247K -$680K -28,641 -72%
SMDAM
185
Sumitomo Mitsui DS Asset Management
Japan
$238K
Robeco Institutional Asset Management
186
Robeco Institutional Asset Management
Netherlands
$238K +$258K +10,870 New
CHAM
187
Clear Harbor Asset Management
Connecticut
$236K -$452K -19,045 -64%
PTC
188
Petrus Trust Company
Texas
$235K +$255K +10,725 New
BNP Paribas Financial Markets
189
BNP Paribas Financial Markets
France
$226K -$318K -13,370 -56%
BAM
190
Baring Asset Management
United Kingdom
$224K -$112K -4,730 -32%
KIA
191
KCM Investment Advisors
California
$219K
GFPC
192
Global Financial Private Capital
Florida
$219K +$238K +10,012 New
AIM
193
Achmea Investment Management
Netherlands
$210K -$384K -16,179 -63%
YCM
194
Yorkville Capital Management
New York
$209K -$108K -4,560 -32%
PCP
195
Proficio Capital Partners
Massachusetts
$193K -$7.5K -316 -3%
CPIG
196
Chicago Partners Investment Group
Illinois
$184K +$112K +4,702 +127%
WBC
197
Westpac Banking Corp
Australia
$172K
PCM
198
Penserra Capital Management
California
$158K +$78.7K +3,315 +84%
Toronto Dominion Bank
199
Toronto Dominion Bank
Ontario, Canada
$134K +$105K +4,413 +260%
TRCT
200
Tower Research Capital (TRC)
New York
$124K +$135K +5,688 New

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.