Plains GP Holdings
PAGP
221 hedge funds and large institutions have $5.56B invested in Plains GP Holdings in 2015 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 94 increasing their positions, 73 reducing their positions, and 31 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 73
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
12% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $10.5M
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
1.5% less ownership
Funds ownership: 37.59% → 36.08% (-1.5%)
2% less funds holding
Funds holding: 225 → 221 (-4)
7% less capital invested
Capital invested by funds: $6B → $5.56B (-$441M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$110M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$51.8M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$39.4M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$38.6M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$61.5M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
-$37.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$36.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.9M |
| 5 |
MP
MSD Partners
New York
|
-$30.6M |
PAGP Hedge Fund Activity: Q2 2015 in Review
221 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2015, worth a combined $5.56B — down 7.3% from $6B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PAGP and 29 opened new positions — a net loss of 2 holders — while 73 trimmed existing stakes and 94 added.
The largest buyer was OppenheimerFunds, adding an estimated $110M. The largest seller was Magnetar Financial, cutting an estimated $61.5M.
- 221 institutional investors held Plains GP Holdings (PAGP) as of Q2 2015, down from 225 in Q1 2015.
- Funds reported $5.56B of Plains GP Holdings stock for Q2 2015, down 7.3% quarter-over-quarter.
- 29 funds opened new Plains GP Holdings positions in Q2 2015 and 31 closed out, a net change of -2 holders.
- The largest Plains GP Holdings buyer in Q2 2015 was OppenheimerFunds, an estimated $110M added.
- The largest Plains GP Holdings seller in Q2 2015 was Magnetar Financial, an estimated $61.5M sold.
Based on aggregated 13F filings for Q2 2015.