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Plains GP Holdings

172 hedge funds and large institutions have $3.95B invested in Plains GP Holdings in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 63 increasing their positions, 50 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

275% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 8

26% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 50

13% more funds holding

Funds holding: 152172 (+20)

0.3% less ownership

Funds ownership: 35.83%35.54% (-0.3%)

5% less capital invested

Capital invested by funds: $4.14B → $3.95B (-$198M)

5% less call options, than puts

Call options by funds: $6.26M | Put options by funds: $6.6M

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
172
Holders Change
+20
Holders Change %
+13.16%
% of All Funds
4.99%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.12%
New
30
Increased
63
Reduced
50
Closed
8
Calls
$6.26M
Puts
$6.6M
Net Calls
-$339K
Net Calls Change
+$7.89M
Name Holding Trade Value Shares
Change
Change in
Stake
WRF
1
Waddell & Reed Financial
Kansas
$596M +$3.27M +40,180 +0.6%
Goldman Sachs
2
Goldman Sachs
New York
$370M -$12.6M -155,298 -3%
PAMU
3
Pictet Asset Management (UK)
United Kingdom
$217M -$36.9M -454,449 -15%
Capital World Investors
4
Capital World Investors
California
$194M
PIM
5
Perkins Investment Management
Illinois
$189M -$59.7M -734,884 -24%
SCA
6
Salient Capital Advisors
Texas
$181M +$21.8M +268,298 +14%
TCA
7
Tortoise Capital Advisors
Kansas
$173M +$12.6M +155,503 +8%
CCCA
8
Center Coast Capital Advisors
Texas
$164M +$53.4M +657,270 +49%
Capital Research Global Investors
9
Capital Research Global Investors
California
$158M -$43.5M -535,448 -22%
AR
10
Advisory Research
Illinois
$143M +$5.02M +61,785 +4%
KACA
11
Kayne Anderson Capital Advisors
California
$120M +$7.55M +92,918 +7%
EGA
12
Eagle Global Advisors
Texas
$94M +$9.42M +115,849 +11%
ClearBridge Investments
13
ClearBridge Investments
New York
$93.7M +$310K +3,810 +0.3%
HFA
14
Harvest Fund Advisors
Pennsylvania
$92.5M -$11.6M -142,635 -11%
Jennison Associates
15
Jennison Associates
New York
$84.1M +$3.24M +39,835 +4%
CCM
16
Chickasaw Capital Management
Tennessee
$56.6M +$4.47M +54,955 +9%
Cohen & Steers
17
Cohen & Steers
New York
$53.2M -$362K -4,458 -0.7%
CS
18
Credit Suisse
Switzerland
$47M +$7.27M +89,476 +18%
Franklin Resources
19
Franklin Resources
California
$46M
Citadel Advisors
20
Citadel Advisors
Florida
$45.3M +$18.6M +228,606 +70%
WHG
21
Westwood Holdings Group
Texas
$40.1M -$4.65M -57,257 -10%
MP
22
MSD Partners
New York
$37.1M +$36.9M +454,205 New
COPPSERS
23
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$29.4M -$6.31M -77,634 -18%
Morgan Stanley
24
Morgan Stanley
New York
$27.6M -$3.34M -41,093 -11%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$26.8M -$14.4M -177,296 -35%

PAGP Hedge Fund Activity: Q3 2014 in Review

172 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2014, worth a combined $3.95B — down 4.8% from $4.14B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PAGP positions and 8 closed out — a net gain of 22 holders — while 63 added to existing stakes and 50 trimmed.

The largest buyer was Center Coast Capital Advisors, adding an estimated $53.4M. The largest seller was Perkins Investment Management, cutting an estimated $59.7M.

  • 172 institutional investors held Plains GP Holdings (PAGP) as of Q3 2014, up from 152 in Q2 2014.
  • Funds reported $3.95B of Plains GP Holdings stock for Q3 2014, down 4.8% quarter-over-quarter.
  • 30 funds opened new Plains GP Holdings positions in Q3 2014 and 8 closed out, a net change of +22 holders.
  • The largest Plains GP Holdings buyer in Q3 2014 was Center Coast Capital Advisors, an estimated $53.4M added.
  • The largest Plains GP Holdings seller in Q3 2014 was Perkins Investment Management, an estimated $59.7M sold.

Based on aggregated 13F filings for Q3 2014.