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Plains GP Holdings

250 hedge funds and large institutions have $3.32B invested in Plains GP Holdings in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 111 increasing their positions, 70 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 70

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

38% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 24

13% more call options, than puts

Call options by funds: $17.9M | Put options by funds: $15.8M

3% more funds holding

Funds holding: 243250 (+7)

0% more capital invested

Capital invested by funds: $3.31B → $3.32B (+$6.24M)

3.56% less ownership

Funds ownership: 90.11%86.55% (-3.6%)

Holders
250
Holders Change
+7
Holders Change %
+2.88%
% of All Funds
5.72%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.21%
New
33
Increased
111
Reduced
70
Closed
24
Calls
$17.9M
Puts
$15.8M
Net Calls
+$2.12M
Net Calls Change
-$19.8M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$230M +$2.29M +92,418 +1%
KACA
2
Kayne Anderson Capital Advisors
California
$193M +$23.7M +957,705 +14%
CCM
3
Chickasaw Capital Management
Tennessee
$185M +$8.17M +330,003 +5%
Capital International Investors
4
Capital International Investors
California
$158M +$160M +6,460,469 New
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$118M -$1.91M -77,083 -2%
SCA
6
Salient Capital Advisors
Texas
$102M +$23.4M +943,853 +29%
PC
7
PointState Capital
New York
$87.3M +$50.9M +2,056,356 +137%
EGA
8
Eagle Global Advisors
Texas
$86.6M +$21.4M +863,337 +32%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$83.6M -$147M -5,941,832 -64%
Goldman Sachs
10
Goldman Sachs
New York
$82.1M -$21.4M -865,828 -21%
AR
11
Advisory Research
Illinois
$80.3M +$2.6M +104,890 +3%
CCA
12
Canyon Capital Advisors
Texas
$76.8M +$37.5K +1,515 +0%
UBS AM
13
UBS AM
Illinois
$71.4M -$23.2M -936,862 -24%
ClearBridge Investments
14
ClearBridge Investments
New York
$70.2M +$42.3M +1,708,217 +148%
CIBC Private Wealth Group
15
CIBC Private Wealth Group
Georgia
$66.7M +$31.9M +1,289,628 +90%
O
16
OppenheimerFunds
New York
$62.6M -$17.8M -718,974 -22%
NIM
17
NXG Investment Management
Texas
$58.8M +$3.12M +125,789 +6%
Deutsche Bank
18
Deutsche Bank
Germany
$56.8M +$4.26M +171,846 +8%
State Street
19
State Street
Massachusetts
$51.5M +$18.7M +756,117 +56%
BlackRock
20
BlackRock
New York
$50.8M +$6.11M +246,546 +14%
RA
21
RR Advisors
Texas
$48.7M +$10.8M +437,000 +28%
Capital Research Global Investors
22
Capital Research Global Investors
California
$45.5M -$264M -10,648,950 -85%
RJA
23
Raymond James & Associates
Florida
$45.4M +$8.88M +358,398 +24%
Renaissance Technologies
24
Renaissance Technologies
New York
$38.7M +$3.56M +143,700 +10%
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$38.2M -$429K -17,318 -1%

PAGP Hedge Fund Activity: Q3 2018 in Review

250 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2018, worth a combined $3.32B — up 0.19% from $3.31B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PAGP positions and 24 closed out — a net gain of 9 holders — while 111 added to existing stakes and 70 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $160M. The largest seller was Capital Research Global Investors, cutting an estimated $264M.

  • 250 institutional investors held Plains GP Holdings (PAGP) as of Q3 2018, up from 243 in Q2 2018.
  • Funds reported $3.32B of Plains GP Holdings stock for Q3 2018, up 0.19% quarter-over-quarter.
  • 33 funds opened new Plains GP Holdings positions in Q3 2018 and 24 closed out, a net change of +9 holders.
  • The largest Plains GP Holdings buyer in Q3 2018 was Capital International Investors, an estimated $160M added.
  • The largest Plains GP Holdings seller in Q3 2018 was Capital Research Global Investors, an estimated $264M sold.

Based on aggregated 13F filings for Q3 2018.