Plains GP Holdings
PAGP
225 hedge funds and large institutions have $6B invested in Plains GP Holdings in 2015 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 95 increasing their positions, 59 reducing their positions, and 17 closing their positions.
182% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 17
61% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 59
18% more capital invested
Capital invested by funds: $5.09B → $6B (+$906M)
15% more funds holding
Funds holding: 195 → 225 (+30)
13% more call options, than puts
Call options by funds: $4.91M | Put options by funds: $4.35M
1.29% more ownership
Funds ownership: 36.3% → 37.59% (+1.3%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$92M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$43M |
| 3 |
ZP
Zimmer Partners
New York
|
+$36M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$35M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$73.9M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$71.7M |
| 3 |
Cohen & Steers
New York
|
-$31.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$26M |
| 5 |
Barclays
London,
United Kingdom
|
-$23.2M |
PAGP Hedge Fund Activity: Q1 2015 in Review
225 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2015, worth a combined $6B — up 18% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PAGP positions and 17 closed out — a net gain of 31 holders — while 95 added to existing stakes and 59 trimmed.
The largest buyer was Nicholas Company, opening a new position worth an estimated $92M. The largest seller was Sculptor Capital, cutting an estimated $73.9M.
- 225 institutional investors held Plains GP Holdings (PAGP) as of Q1 2015, up from 195 in Q4 2014.
- Funds reported $6B of Plains GP Holdings stock for Q1 2015, up 18% quarter-over-quarter.
- 48 funds opened new Plains GP Holdings positions in Q1 2015 and 17 closed out, a net change of +31 holders.
- The largest Plains GP Holdings buyer in Q1 2015 was Nicholas Company, an estimated $92M added.
- The largest Plains GP Holdings seller in Q1 2015 was Sculptor Capital, an estimated $73.9M sold.
Based on aggregated 13F filings for Q1 2015.