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Plains GP Holdings

251 hedge funds and large institutions have $2.71B invested in Plains GP Holdings in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 90 increasing their positions, 76 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 76

13% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 40

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

0% more funds holding

Funds holding: 250251 (+1)

1.19% less ownership

Funds ownership: 86.55%85.36% (-1.2%)

18% less capital invested

Capital invested by funds: $3.32B → $2.71B (-$607M)

45% less call options, than puts

Call options by funds: $4.28M | Put options by funds: $7.76M

Holders
251
Holders Change
+1
Holders Change %
+0.4%
% of All Funds
5.59%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.22%
New
45
Increased
90
Reduced
76
Closed
40
Calls
$4.28M
Puts
$7.76M
Net Calls
-$3.48M
Net Calls Change
-$5.6M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$198M +$10.6M +477,509 +5%
KACA
2
Kayne Anderson Capital Advisors
California
$156M -$2.44M -110,258 -1%
CCM
3
Chickasaw Capital Management
Tennessee
$149M -$2.69M -121,572 -2%
Goldman Sachs
4
Goldman Sachs
New York
$117M +$54.8M +2,474,990 +74%
Cohen & Steers
5
Cohen & Steers
New York
$98.8M +$81.5M +3,676,379 +296%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$90.7M -$6.33M -285,860 -6%
EIP
7
Energy Income Partners
Connecticut
$81.3M +$89.6M +4,043,723 New
SCA
8
Salient Capital Advisors
Texas
$76.7M -$7.64M -344,841 -8%
CIBC Private Wealth Group
9
CIBC Private Wealth Group
Georgia
$64.9M +$11.3M +508,276 +19%
CCA
10
Canyon Capital Advisors
Texas
$63.1M +$155K +7,000 +0.2%
State Street
11
State Street
Massachusetts
$59.2M +$18.7M +844,876 +40%
UBS AM
12
UBS AM
Illinois
$59M +$591K +26,651 +0.9%
AR
13
Advisory Research
Illinois
$58.5M -$8.09M -365,115 -11%
ClearBridge Investments
14
ClearBridge Investments
New York
$55.6M -$2.17M -98,043 -3%
EGA
15
Eagle Global Advisors
Texas
$54.3M -$18.4M -828,802 -23%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$52.3M -$17.8M -802,781 -24%
NIM
17
NXG Investment Management
Texas
$49.8M +$1.81M +81,881 +3%
Capital International Investors
18
Capital International Investors
California
$49.5M -$88.6M -3,996,613 -62%
RA
19
RR Advisors
Texas
$41.1M +$1.31M +59,000 +3%
BlackRock
20
BlackRock
New York
$37.7M -$4.34M -195,843 -9%
DBC
21
Deep Basin Capital
Connecticut
$34.9M +$38.5M +1,735,390 New
TCIM
22
TIAA CREF Investment Management
New York
$34.7M +$10.4M +467,574 +37%
O
23
OppenheimerFunds
New York
$32.4M -$20.8M -939,467 -37%
RJA
24
Raymond James & Associates
Florida
$32.2M -$5.52M -249,038 -13%
PWPCM
25
Perella Weinberg Partners Capital Management
New York
$31.9M +$7.51M +338,964 +27%

PAGP Hedge Fund Activity: Q4 2018 in Review

251 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2018, worth a combined $2.71B — down 18% from $3.32B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PAGP positions and 40 closed out — a net gain of 5 holders — while 90 added to existing stakes and 76 trimmed.

The largest buyer was Energy Income Partners, opening a new position worth an estimated $89.6M. The largest seller was Capital International Investors, cutting an estimated $88.6M.

  • 251 institutional investors held Plains GP Holdings (PAGP) as of Q4 2018, up from 250 in Q3 2018.
  • Funds reported $2.71B of Plains GP Holdings stock for Q4 2018, down 18% quarter-over-quarter.
  • 45 funds opened new Plains GP Holdings positions in Q4 2018 and 40 closed out, a net change of +5 holders.
  • The largest Plains GP Holdings buyer in Q4 2018 was Energy Income Partners, an estimated $89.6M added.
  • The largest Plains GP Holdings seller in Q4 2018 was Capital International Investors, an estimated $88.6M sold.

Based on aggregated 13F filings for Q4 2018.