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Plains GP Holdings

225 hedge funds and large institutions have $2.67B invested in Plains GP Holdings in 2016 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 91 increasing their positions, 82 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

251% more call options, than puts

Call options by funds: $33.3M | Put options by funds: $9.47M

47.04% more ownership

Funds ownership: 29.48%76.52% (+47%)

11% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 82

1% less capital invested

Capital invested by funds: $2.69B → $2.67B (-$20.4M)

7% less funds holding

Funds holding: 241225 (-16)

23% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 48

44% less funds holding in top 10

Funds holding in top 10: 95 (-4)

Holders
225
Holders Change
-16
Holders Change %
-6.64%
% of All Funds
5.63%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.13%
New
37
Increased
91
Reduced
82
Closed
48
Calls
$33.3M
Puts
$9.47M
Net Calls
+$23.8M
Net Calls Change
+$12.2M
Name Holding Trade Value Shares
Change
Change in
Stake
KACA
1
Kayne Anderson Capital Advisors
California
$250M -$1.98M -57,617 -0.8%
CCM
2
Chickasaw Capital Management
Tennessee
$226M +$8.21M +239,468 +4%
IAM
3
Iridian Asset Management
Connecticut
$168M +$6.21M +181,163 +4%
TCA
4
Tortoise Capital Advisors
Kansas
$158M +$15.3M +446,309 +11%
SCA
5
Salient Capital Advisors
Texas
$142M -$75.7M -2,209,384 -35%
Capital Research Global Investors
6
Capital Research Global Investors
California
$139M +$101M +2,944,573 +278%
Goldman Sachs
7
Goldman Sachs
New York
$130M +$28.4M +829,010 +28%
HFA
8
Harvest Fund Advisors
Pennsylvania
$68.7M -$59.7M -1,741,187 -47%
EGA
9
Eagle Global Advisors
Texas
$62.3M +$129K +3,773 +0.2%
EIP
10
Energy Income Partners
Connecticut
$60.1M +$59.4M +1,733,449 New
ClearBridge Investments
11
ClearBridge Investments
New York
$56.2M -$33.2M -967,502 -37%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$55.4M -$7.62M -222,315 -12%
MHI
13
Miller Howard Investments
New York
$54.6M -$193K -5,620 -0.4%
VOYA Investment Management
14
VOYA Investment Management
Georgia
$50.2M +$49.6M +1,446,574 New
CIBC Private Wealth Group
15
CIBC Private Wealth Group
Georgia
$46.7M +$26.4M +771,348 +134%
NIM
16
NXG Investment Management
Texas
$35M +$3.92M +114,481 +13%
Alyeska Investment Group
17
Alyeska Investment Group
Illinois
$34.8M +$23.8M +692,919 +222%
N
18
Nuveen
North Carolina
$33.5M -$492K -14,354 -1%
TCIM
19
TIAA CREF Investment Management
New York
$32.6M +$1.04M +30,442 +3%
RA
20
RR Advisors
Texas
$32.3M +$514K +14,989 +2%
Morgan Stanley
21
Morgan Stanley
New York
$29.3M -$20.6M -601,435 -42%
HCMT
22
Highland Capital Management (Texas)
Texas
$26.3M -$8.26M -241,011 -24%
Franklin Resources
23
Franklin Resources
California
$26M -$5.2M -151,677 -17%
TB
24
Terril Brothers
Missouri
$25M +$1.99M +58,060 +9%
Jennison Associates
25
Jennison Associates
New York
$24.2M +$5.06M +147,730 +27%

PAGP Hedge Fund Activity: Q4 2016 in Review

225 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2016, worth a combined $2.67B — down 0.76% from $2.69B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of PAGP and 37 opened new positions — a net loss of 11 holders — while 82 trimmed existing stakes and 91 added.

The largest buyer was Capital Research Global Investors, adding an estimated $101M. The largest seller was Salient Capital Advisors, cutting an estimated $75.7M.

  • 225 institutional investors held Plains GP Holdings (PAGP) as of Q4 2016, down from 241 in Q3 2016.
  • Funds reported $2.67B of Plains GP Holdings stock for Q4 2016, down 0.76% quarter-over-quarter.
  • 37 funds opened new Plains GP Holdings positions in Q4 2016 and 48 closed out, a net change of -11 holders.
  • The largest Plains GP Holdings buyer in Q4 2016 was Capital Research Global Investors, an estimated $101M added.
  • The largest Plains GP Holdings seller in Q4 2016 was Salient Capital Advisors, an estimated $75.7M sold.

Based on aggregated 13F filings for Q4 2016.