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Plains GP Holdings

263 hedge funds and large institutions have $3.5B invested in Plains GP Holdings in 2019 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 80 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 27

29% more capital invested

Capital invested by funds: $2.71B → $3.5B (+$794M)

21% more call options, than puts

Call options by funds: $16M | Put options by funds: $13.1M

20% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 80

5% more funds holding

Funds holding: 251263 (+12)

2.95% more ownership

Funds ownership: 85.36%88.3% (+2.9%)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

Holders
263
Holders Change
+12
Holders Change %
+4.78%
% of All Funds
5.69%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.22%
New
42
Increased
96
Reduced
80
Closed
27
Calls
$16M
Puts
$13.1M
Net Calls
+$2.82M
Net Calls Change
+$6.3M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$246M +$266K +11,273 +0.1%
CCM
2
Chickasaw Capital Management
Tennessee
$200M +$14.4M +610,930 +8%
KACA
3
Kayne Anderson Capital Advisors
California
$176M -$15.7M -664,783 -9%
Goldman Sachs
4
Goldman Sachs
New York
$163M +$17.4M +735,987 +13%
Cohen & Steers
5
Cohen & Steers
New York
$150M +$26.1M +1,105,449 +22%
EIP
6
Energy Income Partners
Connecticut
$124M +$22.3M +942,585 +23%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$115M +$2.16M +91,425 +2%
State Street
8
State Street
Massachusetts
$90.8M +$16.5M +699,860 +24%
SCA
9
Salient Capital Advisors
Texas
$84.2M -$10.4M -439,896 -12%
CCA
10
Canyon Capital Advisors
Texas
$81.1M +$2.82M +119,525 +4%
NIM
11
NXG Investment Management
Texas
$79.3M +$16.6M +703,427 +28%
EGA
12
Eagle Global Advisors
Texas
$73.9M +$6.33M +267,664 +10%
ClearBridge Investments
13
ClearBridge Investments
New York
$72.2M +$3.12M +131,999 +5%
UBS AM
14
UBS AM
Illinois
$70.1M -$2.97M -125,675 -4%
CIBC Private Wealth Group
15
CIBC Private Wealth Group
Georgia
$67.9M -$11.9M -503,458 -16%
DBC
16
Deep Basin Capital
Connecticut
$66.1M +$21.7M +917,680 +53%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$61.7M -$3.05M -129,187 -5%
AR
18
Advisory Research
Illinois
$52.5M -$18.9M -800,415 -28%
APG Asset Management
19
APG Asset Management
Netherlands
$51.2M +$17.1M +724,500 +46%
TCIM
20
TIAA CREF Investment Management
New York
$51M +$7.53M +318,774 +18%
BlackRock
21
BlackRock
New York
$49.5M +$2.56M +108,493 +6%
RA
22
RR Advisors
Texas
$47.1M -$3.64M -154,000 -8%
Vanguard Group
23
Vanguard Group
Pennsylvania
$46.3M +$15.3M +646,744 +53%
Morgan Stanley
24
Morgan Stanley
New York
$44.1M +$11.9M +504,458 +40%
ACI
25
AMP Capital Investors
Australia
$41.3M +$1.91M +80,862 +5%

PAGP Hedge Fund Activity: Q1 2019 in Review

263 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2019, worth a combined $3.5B — up 29% from $2.71B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PAGP positions and 27 closed out — a net gain of 15 holders — while 96 added to existing stakes and 80 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $26.1M. The largest seller was Capital International Investors, exiting entirely with an estimated $49.5M sold.

  • 263 institutional investors held Plains GP Holdings (PAGP) as of Q1 2019, up from 251 in Q4 2018.
  • Funds reported $3.5B of Plains GP Holdings stock for Q1 2019, up 29% quarter-over-quarter.
  • 42 funds opened new Plains GP Holdings positions in Q1 2019 and 27 closed out, a net change of +15 holders.
  • The largest Plains GP Holdings buyer in Q1 2019 was Cohen & Steers, an estimated $26.1M added.
  • The largest Plains GP Holdings seller in Q1 2019 was Capital International Investors, an estimated $49.5M sold.

Based on aggregated 13F filings for Q1 2019.