Plains GP Holdings
PAGP
261 hedge funds and large institutions have $2.45B invested in Plains GP Holdings in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 91 increasing their positions, 85 reducing their positions, and 24 closing their positions.
476% more call options, than puts
Call options by funds: $106M | Put options by funds: $18.3M
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
13% more capital invested
Capital invested by funds: $2.17B → $2.45B (+$283M)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
2% more funds holding
Funds holding: 255 → 261 (+6)
7% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 85
0.01% more ownership
Funds ownership: 85.05% → 85.07% (+0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Aventail Capital Group
New York
|
+$50.8M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$23.8M |
| 3 |
Blackstone Inc
New York
|
+$17.7M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$15.4M |
| 5 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$39.8M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$15.7M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$14.1M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$11.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
PAGP Hedge Fund Activity: Q2 2023 in Review
261 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2023, worth a combined $2.45B — up 13% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PAGP positions and 24 closed out — a net gain of 9 holders — while 91 added to existing stakes and 85 trimmed.
The largest buyer was Aventail Capital Group, opening a new position worth an estimated $50.8M. The largest seller was Brookfield Corp, cutting an estimated $39.8M.
- 261 institutional investors held Plains GP Holdings (PAGP) as of Q2 2023, up from 255 in Q1 2023.
- Funds reported $2.45B of Plains GP Holdings stock for Q2 2023, up 13% quarter-over-quarter.
- 33 funds opened new Plains GP Holdings positions in Q2 2023 and 24 closed out, a net change of +9 holders.
- The largest Plains GP Holdings buyer in Q2 2023 was Aventail Capital Group, an estimated $50.8M added.
- The largest Plains GP Holdings seller in Q2 2023 was Brookfield Corp, an estimated $39.8M sold.
Based on aggregated 13F filings for Q2 2023.