Plains GP Holdings
PAGP
282 hedge funds and large institutions have $3.33B invested in Plains GP Holdings in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 128 increasing their positions, 57 reducing their positions, and 36 closing their positions.
162% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $8M
125% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 57
25% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 36
3% more funds holding
Funds holding: 274 → 282 (+8)
2.35% more ownership
Funds ownership: 91.8% → 94.15% (+2.3%)
9% less capital invested
Capital invested by funds: $3.65B → $3.33B (-$313M)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$66.9M |
| 2 |
ClearBridge Investments
New York
|
+$57.8M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$57.7M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$35.9M |
| 5 |
Rockefeller Capital Management
New York
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$51.6M |
| 2 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$43.4M |
| 3 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
-$38.7M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$31M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$26.5M |
PAGP Hedge Fund Activity: Q3 2019 in Review
282 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2019, worth a combined $3.33B — down 8.6% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PAGP positions and 36 closed out — a net gain of 9 holders — while 128 added to existing stakes and 57 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $66.9M. The largest seller was Advisory Research, exiting entirely with an estimated $51.6M sold.
- 282 institutional investors held Plains GP Holdings (PAGP) as of Q3 2019, up from 274 in Q2 2019.
- Funds reported $3.33B of Plains GP Holdings stock for Q3 2019, down 8.6% quarter-over-quarter.
- 45 funds opened new Plains GP Holdings positions in Q3 2019 and 36 closed out, a net change of +9 holders.
- The largest Plains GP Holdings buyer in Q3 2019 was CIBC Private Wealth Group, an estimated $66.9M added.
- The largest Plains GP Holdings seller in Q3 2019 was Advisory Research, an estimated $51.6M sold.
Based on aggregated 13F filings for Q3 2019.