Plains GP Holdings
PAGP
263 hedge funds and large institutions have $2.14B invested in Plains GP Holdings in 2022 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 111 increasing their positions, 72 reducing their positions, and 27 closing their positions.
374% more call options, than puts
Call options by funds: $9.66M | Put options by funds: $2.04M
54% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 72
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
20% more capital invested
Capital invested by funds: $1.79B → $2.14B (+$352M)
4.51% more ownership
Funds ownership: 84.18% → 88.7% (+4.5%)
3% more funds holding
Funds holding: 256 → 263 (+7)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$53.9M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$23.9M |
| 3 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$21.5M |
| 4 |
Millennium Management
New York
|
+$16.5M |
| 5 |
Renaissance Technologies
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
-$12.6M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$9.8M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$7.5M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.35M |
| 5 |
SCM
SIR Capital Management
New York
|
-$5.22M |
PAGP Hedge Fund Activity: Q4 2022 in Review
263 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2022, worth a combined $2.14B — up 20% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PAGP positions and 27 closed out — a net gain of 9 holders — while 111 added to existing stakes and 72 trimmed.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $53.9M. The largest seller was Chickasaw Capital Management, cutting an estimated $12.6M.
- 263 institutional investors held Plains GP Holdings (PAGP) as of Q4 2022, up from 256 in Q3 2022.
- Funds reported $2.14B of Plains GP Holdings stock for Q4 2022, up 20% quarter-over-quarter.
- 36 funds opened new Plains GP Holdings positions in Q4 2022 and 27 closed out, a net change of +9 holders.
- The largest Plains GP Holdings buyer in Q4 2022 was Westwood Holdings Group, an estimated $53.9M added.
- The largest Plains GP Holdings seller in Q4 2022 was Chickasaw Capital Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2022.