Plains GP Holdings
PAGP
223 hedge funds and large institutions have $1.38B invested in Plains GP Holdings in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 73 increasing their positions, 85 reducing their positions, and 31 closing their positions.
148% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $7.49M
52% more capital invested
Capital invested by funds: $907M → $1.38B (+$469M)
5.88% more ownership
Funds ownership: 80.8% → 86.68% (+5.9%)
1% more funds holding
Funds holding: 220 → 223 (+3)
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
14% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$36.9M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$33.6M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$29.5M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$27M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$21.7M |
| 2 |
D.E. Shaw & Co
New York
|
-$15.9M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$10.9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.92M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$8.96M |
PAGP Hedge Fund Activity: Q4 2020 in Review
223 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2020, worth a combined $1.38B — up 52% from $907M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PAGP positions and 31 closed out — a net gain of 3 holders — while 73 added to existing stakes and 85 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $36.9M. The largest seller was Tortoise Capital Advisors, cutting an estimated $21.7M.
- 223 institutional investors held Plains GP Holdings (PAGP) as of Q4 2020, up from 220 in Q3 2020.
- Funds reported $1.38B of Plains GP Holdings stock for Q4 2020, up 52% quarter-over-quarter.
- 34 funds opened new Plains GP Holdings positions in Q4 2020 and 31 closed out, a net change of +3 holders.
- The largest Plains GP Holdings buyer in Q4 2020 was Blackstone Inc, an estimated $36.9M added.
- The largest Plains GP Holdings seller in Q4 2020 was Tortoise Capital Advisors, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2020.