Plains GP Holdings
PAGP
274 hedge funds and large institutions have $3.65B invested in Plains GP Holdings in 2019 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 102 increasing their positions, 81 reducing their positions, and 30 closing their positions.
50% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 30
26% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 81
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
4% more funds holding
Funds holding: 263 → 274 (+11)
3.3% more ownership
Funds ownership: 88.5% → 91.8% (+3.3%)
4% more capital invested
Capital invested by funds: $3.51B → $3.65B (+$135M)
78% less call options, than puts
Call options by funds: $24.1M | Put options by funds: $107M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$44M |
| 2 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$43.4M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$38.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$35.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$19.1M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$19M |
| 3 |
Goldman Sachs
New York
|
-$18.1M |
| 4 |
Morgan Stanley
New York
|
-$15.5M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$14.8M |
PAGP Hedge Fund Activity: Q2 2019 in Review
274 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2019, worth a combined $3.65B — up 3.8% from $3.51B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PAGP positions and 30 closed out — a net gain of 15 holders — while 102 added to existing stakes and 81 trimmed.
The largest buyer was Nuveen, adding an estimated $44M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $19.1M.
- 274 institutional investors held Plains GP Holdings (PAGP) as of Q2 2019, up from 263 in Q1 2019.
- Funds reported $3.65B of Plains GP Holdings stock for Q2 2019, up 3.8% quarter-over-quarter.
- 45 funds opened new Plains GP Holdings positions in Q2 2019 and 30 closed out, a net change of +15 holders.
- The largest Plains GP Holdings buyer in Q2 2019 was Nuveen, an estimated $44M added.
- The largest Plains GP Holdings seller in Q2 2019 was Schonfeld Strategic Advisors, an estimated $19.1M sold.
Based on aggregated 13F filings for Q2 2019.