Plains GP Holdings
PAGP
218 hedge funds and large institutions have $1.47B invested in Plains GP Holdings in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 84 increasing their positions, 73 reducing their positions, and 30 closing their positions.
20% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $10.2M
15% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 73
6% more capital invested
Capital invested by funds: $1.39B → $1.47B (+$81.5M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less funds holding
Funds holding: 223 → 218 (-5)
5.96% less ownership
Funds ownership: 86.79% → 80.83% (-6%)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$14.8M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$13.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.1M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$11.9M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$27.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$20.3M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$14.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$13.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.4M |
PAGP Hedge Fund Activity: Q1 2021 in Review
218 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2021, worth a combined $1.47B — up 5.9% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PAGP and 27 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 84 added.
The largest buyer was Blackstone Inc, adding an estimated $14.8M. The largest seller was Salient Capital Advisors, cutting an estimated $27.5M.
- 218 institutional investors held Plains GP Holdings (PAGP) as of Q1 2021, down from 223 in Q4 2020.
- Funds reported $1.47B of Plains GP Holdings stock for Q1 2021, up 5.9% quarter-over-quarter.
- 27 funds opened new Plains GP Holdings positions in Q1 2021 and 30 closed out, a net change of -3 holders.
- The largest Plains GP Holdings buyer in Q1 2021 was Blackstone Inc, an estimated $14.8M added.
- The largest Plains GP Holdings seller in Q1 2021 was Salient Capital Advisors, an estimated $27.5M sold.
Based on aggregated 13F filings for Q1 2021.