Plains GP Holdings
PAGP
257 hedge funds and large institutions have $2.64B invested in Plains GP Holdings in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 91 increasing their positions, 84 reducing their positions, and 25 closing their positions.
117% more call options, than puts
Call options by funds: $46.3M | Put options by funds: $21.3M
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
8% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 84
0% more funds holding
Funds holding: 256 → 257 (+1)
0.52% less ownership
Funds ownership: 84.65% → 84.13% (-0.52%)
2% less capital invested
Capital invested by funds: $2.68B → $2.64B (-$43.4M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$46.1M |
| 2 |
Morgan Stanley
New York
|
+$30.2M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$28M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$27.2M |
| 5 |
Neuberger Berman Group
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$38.8M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$38.8M |
| 3 |
Jennison Associates
New York
|
-$26M |
| 4 |
ACG
Aventail Capital Group
New York
|
-$25.6M |
| 5 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$22.6M |
PAGP Hedge Fund Activity: Q4 2023 in Review
257 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2023, worth a combined $2.64B — down 1.6% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PAGP positions and 25 closed out — a net gain of 4 holders — while 91 added to existing stakes and 84 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $46.1M. The largest seller was Goldman Sachs, cutting an estimated $38.8M.
- 257 institutional investors held Plains GP Holdings (PAGP) as of Q4 2023, up from 256 in Q3 2023.
- Funds reported $2.64B of Plains GP Holdings stock for Q4 2023, down 1.6% quarter-over-quarter.
- 29 funds opened new Plains GP Holdings positions in Q4 2023 and 25 closed out, a net change of +4 holders.
- The largest Plains GP Holdings buyer in Q4 2023 was Barrow, Hanley, Mewhinney & Strauss, an estimated $46.1M added.
- The largest Plains GP Holdings seller in Q4 2023 was Goldman Sachs, an estimated $38.8M sold.
Based on aggregated 13F filings for Q4 2023.