Plains GP Holdings
PAGP
256 hedge funds and large institutions have $2.68B invested in Plains GP Holdings in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 97 increasing their positions, 91 reducing their positions, and 28 closing their positions.
162% more call options, than puts
Call options by funds: $39.5M | Put options by funds: $15.1M
9% more capital invested
Capital invested by funds: $2.45B → $2.68B (+$227M)
7% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 91
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.42% less ownership
Funds ownership: 85.07% → 84.65% (-0.42%)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
2% less funds holding
Funds holding: 261 → 256 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$23.7M |
| 2 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$17M |
| 3 |
Goldman Sachs
New York
|
+$15.2M |
| 4 |
Blackstone Inc
New York
|
+$13.4M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
-$19.3M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$18.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.2M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$13M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$10.8M |
PAGP Hedge Fund Activity: Q3 2023 in Review
256 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q3 2023, worth a combined $2.68B — up 9.2% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PAGP and 27 opened new positions — a net loss of 1 holder — while 91 trimmed existing stakes and 97 added.
The largest buyer was Jennison Associates, adding an estimated $23.7M. The largest seller was RR Advisors, cutting an estimated $19.3M.
- 256 institutional investors held Plains GP Holdings (PAGP) as of Q3 2023, down from 261 in Q2 2023.
- Funds reported $2.68B of Plains GP Holdings stock for Q3 2023, up 9.2% quarter-over-quarter.
- 27 funds opened new Plains GP Holdings positions in Q3 2023 and 28 closed out, a net change of -1 holder.
- The largest Plains GP Holdings buyer in Q3 2023 was Jennison Associates, an estimated $23.7M added.
- The largest Plains GP Holdings seller in Q3 2023 was RR Advisors, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2023.