Plains GP Holdings
PAGP
202 hedge funds and large institutions have $3.73B invested in Plains GP Holdings in 2015 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 85 increasing their positions, 73 reducing their positions, and 47 closing their positions.
111% more call options, than puts
Call options by funds: $7.3M | Put options by funds: $3.46M
16% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 73
0.35% less ownership
Funds ownership: 36.08% → 35.73% (-0.35%)
9% less funds holding
Funds holding: 221 → 202 (-19)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
33% less capital invested
Capital invested by funds: $5.56B → $3.73B (-$1.82B)
40% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$149M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$76.3M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$69.8M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$54.2M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$49.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$131M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$111M |
| 3 |
Goldman Sachs
New York
|
-$90.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$85.9M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$72.9M |
PAGP Hedge Fund Activity: Q3 2015 in Review
202 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2015, worth a combined $3.73B — down 33% from $5.56B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of PAGP and 28 opened new positions — a net loss of 19 holders — while 73 trimmed existing stakes and 85 added.
The largest buyer was Soroban Capital Partners, adding an estimated $149M. The largest seller was Tortoise Capital Advisors, cutting an estimated $131M.
- 202 institutional investors held Plains GP Holdings (PAGP) as of Q3 2015, down from 221 in Q2 2015.
- Funds reported $3.73B of Plains GP Holdings stock for Q3 2015, down 33% quarter-over-quarter.
- 28 funds opened new Plains GP Holdings positions in Q3 2015 and 47 closed out, a net change of -19 holders.
- The largest Plains GP Holdings buyer in Q3 2015 was Soroban Capital Partners, an estimated $149M added.
- The largest Plains GP Holdings seller in Q3 2015 was Tortoise Capital Advisors, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2015.