Plains GP Holdings
PAGP
243 hedge funds and large institutions have $3.38B invested in Plains GP Holdings in 2018 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 87 increasing their positions, 70 reducing their positions, and 32 closing their positions.
169% more call options, than puts
Call options by funds: $34.9M | Put options by funds: $13M
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
24% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 70
16% more capital invested
Capital invested by funds: $2.92B → $3.38B (+$462M)
4.56% more ownership
Funds ownership: 85.55% → 90.11% (+4.6%)
4% more funds holding
Funds holding: 234 → 243 (+9)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$146M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$35.6M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$34M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$27.6M |
| 5 |
JP Morgan Chase
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$134M |
| 2 |
Millennium Management
New York
|
-$84.6M |
| 3 |
PC
PointState Capital
New York
|
-$47.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$38.7M |
| 5 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$21.3M |
PAGP Hedge Fund Activity: Q2 2018 in Review
243 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2018, worth a combined $3.38B — up 16% from $2.92B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PAGP positions and 32 closed out — a net gain of 10 holders — while 87 added to existing stakes and 70 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $146M. The largest seller was Scopia Capital Management, cutting an estimated $134M.
- 243 institutional investors held Plains GP Holdings (PAGP) as of Q2 2018, up from 234 in Q1 2018.
- Funds reported $3.38B of Plains GP Holdings stock for Q2 2018, up 16% quarter-over-quarter.
- 42 funds opened new Plains GP Holdings positions in Q2 2018 and 32 closed out, a net change of +10 holders.
- The largest Plains GP Holdings buyer in Q2 2018 was T. Rowe Price Associates, an estimated $146M added.
- The largest Plains GP Holdings seller in Q2 2018 was Scopia Capital Management, an estimated $134M sold.
Based on aggregated 13F filings for Q2 2018.