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Plains GP Holdings

152 hedge funds and large institutions have $4.14B invested in Plains GP Holdings in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 64 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

42% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 45

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

18% more capital invested

Capital invested by funds: $3.5B → $4.14B (+$644M)

3% more funds holding

Funds holding: 147152 (+5)

1.23% more ownership

Funds ownership: 34.6%35.83% (+1.2%)

65% less call options, than puts

Call options by funds: $4.5M | Put options by funds: $12.7M

Holders
152
Holders Change
+5
Holders Change %
+3.4%
% of All Funds
4.37%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.2%
New
21
Increased
64
Reduced
45
Closed
16
Calls
$4.5M
Puts
$12.7M
Net Calls
-$8.23M
Net Calls Change
-$3.72M
Name Holding Trade Value Shares
Change
Change in
Stake
WRF
1
Waddell & Reed Financial
Kansas
$619M -$5.55M -73,402 -1%
Goldman Sachs
2
Goldman Sachs
New York
$399M +$44.6M +590,165 +14%
PAMU
3
Pictet Asset Management (UK)
United Kingdom
$265M -$32.9M -435,919 -12%
PIM
4
Perkins Investment Management
Illinois
$260M -$4.03M -53,318 -2%
Capital Research Global Investors
5
Capital Research Global Investors
California
$210M
Capital World Investors
6
Capital World Investors
California
$203M +$76.3M +1,009,391 +74%
TCA
7
Tortoise Capital Advisors
Kansas
$167M +$13.7M +181,594 +10%
SCA
8
Salient Capital Advisors
Texas
$166M +$18.1M +238,998 +14%
AR
9
Advisory Research
Illinois
$144M +$10.1M +133,706 +9%
KACA
10
Kayne Anderson Capital Advisors
California
$117M +$19M +251,971 +22%
CCCA
11
Center Coast Capital Advisors
Texas
$115M +$19.8M +261,665 +24%
HFA
12
Harvest Fund Advisors
Pennsylvania
$109M +$13.4M +176,762 +16%
ClearBridge Investments
13
ClearBridge Investments
New York
$97.4M +$225K +2,972 +0.3%
EGA
14
Eagle Global Advisors
Texas
$88.2M +$8.48M +112,266 +12%
Jennison Associates
15
Jennison Associates
New York
$84.4M +$28.8M +380,594 +62%
Cohen & Steers
16
Cohen & Steers
New York
$55.9M +$1.29M +17,082 +3%
CCM
17
Chickasaw Capital Management
Tennessee
$54.4M +$8.99M +118,996 +23%
Franklin Resources
18
Franklin Resources
California
$48M
WHG
19
Westwood Holdings Group
Texas
$46.7M -$2.16M -28,628 -5%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$43.1M -$3.64M -48,216 -9%
CS
21
Credit Suisse
Switzerland
$41.4M +$10.5M +139,102 +40%
PC
22
Passport Capital
California
$41.3M +$9.5M +125,695 +35%
CIBC Private Wealth Group
23
CIBC Private Wealth Group
Georgia
$41.2M -$10.1M -133,882 -22%
COPPSERS
24
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$37.3M -$7.99M -105,760 -19%
Morgan Stanley
25
Morgan Stanley
New York
$32.3M +$2.01M +26,535 +8%

PAGP Hedge Fund Activity: Q2 2014 in Review

152 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2014, worth a combined $4.14B — up 18% from $3.5B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PAGP positions and 16 closed out — a net gain of 5 holders — while 64 added to existing stakes and 45 trimmed.

The largest buyer was Capital World Investors, adding an estimated $76.3M. The largest seller was Magnetar Financial, cutting an estimated $50M.

  • 152 institutional investors held Plains GP Holdings (PAGP) as of Q2 2014, up from 147 in Q1 2014.
  • Funds reported $4.14B of Plains GP Holdings stock for Q2 2014, up 18% quarter-over-quarter.
  • 21 funds opened new Plains GP Holdings positions in Q2 2014 and 16 closed out, a net change of +5 holders.
  • The largest Plains GP Holdings buyer in Q2 2014 was Capital World Investors, an estimated $76.3M added.
  • The largest Plains GP Holdings seller in Q2 2014 was Magnetar Financial, an estimated $50M sold.

Based on aggregated 13F filings for Q2 2014.