Plains GP Holdings
PAGP
251 hedge funds and large institutions have $2.15B invested in Plains GP Holdings in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 89 increasing their positions, 84 reducing their positions, and 29 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
22% more capital invested
Capital invested by funds: $1.77B → $2.15B (+$383M)
14% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 29
8% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $25.3M
6% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 84
1% more funds holding
Funds holding: 249 → 251 (+2)
0.29% more ownership
Funds ownership: 28.74% → 29.03% (+0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$87M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$38.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35M |
| 4 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$28.9M |
| 5 |
JP Morgan Chase
New York
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$114M |
| 2 |
O
OppenheimerFunds
New York
|
-$36.7M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
-$17M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$15.1M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.1M |
PAGP Hedge Fund Activity: Q2 2016 in Review
251 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2016, worth a combined $2.15B — up 22% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PAGP positions and 29 closed out — a net gain of 4 holders — while 89 added to existing stakes and 84 trimmed.
The largest buyer was Iridian Asset Management, adding an estimated $87M. The largest seller was Advisory Research, cutting an estimated $114M.
- 251 institutional investors held Plains GP Holdings (PAGP) as of Q2 2016, up from 249 in Q1 2016.
- Funds reported $2.15B of Plains GP Holdings stock for Q2 2016, up 22% quarter-over-quarter.
- 33 funds opened new Plains GP Holdings positions in Q2 2016 and 29 closed out, a net change of +4 holders.
- The largest Plains GP Holdings buyer in Q2 2016 was Iridian Asset Management, an estimated $87M added.
- The largest Plains GP Holdings seller in Q2 2016 was Advisory Research, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2016.