Plains GP Holdings
PAGP
147 hedge funds and large institutions have $3.5B invested in Plains GP Holdings in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 37 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
68% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 37
11% more funds holding
Funds holding: 133 → 147 (+14)
5% more capital invested
Capital invested by funds: $3.35B → $3.5B (+$155M)
0.86% less ownership
Funds ownership: 35.47% → 34.6% (-0.86%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
61% less call options, than puts
Call options by funds: $2.89M | Put options by funds: $7.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$98.5M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$37.3M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$32.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$18.5M |
| 5 |
O
OppenheimerFunds
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$87M |
| 2 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$80.3M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$40.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$39.7M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$28.7M |
PAGP Hedge Fund Activity: Q1 2014 in Review
147 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2014, worth a combined $3.5B — up 4.6% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PAGP positions and 16 closed out — a net gain of 17 holders — while 62 added to existing stakes and 37 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $98.5M. The largest seller was Senator Investment Group, exiting entirely with an estimated $87M sold.
- 147 institutional investors held Plains GP Holdings (PAGP) as of Q1 2014, up from 133 in Q4 2013.
- Funds reported $3.5B of Plains GP Holdings stock for Q1 2014, up 4.6% quarter-over-quarter.
- 33 funds opened new Plains GP Holdings positions in Q1 2014 and 16 closed out, a net change of +17 holders.
- The largest Plains GP Holdings buyer in Q1 2014 was Capital World Investors, an estimated $98.5M added.
- The largest Plains GP Holdings seller in Q1 2014 was Senator Investment Group, an estimated $87M sold.
Based on aggregated 13F filings for Q1 2014.