Plains GP Holdings
PAGP
272 hedge funds and large institutions have $2.95B invested in Plains GP Holdings in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 87 increasing their positions, 97 reducing their positions, and 19 closing their positions.
321% more call options, than puts
Call options by funds: $86.4M | Put options by funds: $20.5M
100% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 19
12% more capital invested
Capital invested by funds: $2.64B → $2.95B (+$316M)
6% more funds holding
Funds holding: 257 → 272 (+15)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.81% less ownership
Funds ownership: 84.13% → 82.32% (-1.8%)
10% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$40.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.6M |
| 3 |
BlackRock
New York
|
+$22.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.5M |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$60.2M |
| 2 |
PBM
Propel Bio Management
Los Angeles,
California
|
-$21.9M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
-$19.8M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$16.8M |
| 5 |
Goldman Sachs
New York
|
-$16.3M |
PAGP Hedge Fund Activity: Q1 2024 in Review
272 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2024, worth a combined $2.95B — up 12% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PAGP positions and 19 closed out — a net gain of 19 holders — while 87 added to existing stakes and 97 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $40.8M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $60.2M sold.
- 272 institutional investors held Plains GP Holdings (PAGP) as of Q1 2024, up from 257 in Q4 2023.
- Funds reported $2.95B of Plains GP Holdings stock for Q1 2024, up 12% quarter-over-quarter.
- 38 funds opened new Plains GP Holdings positions in Q1 2024 and 19 closed out, a net change of +19 holders.
- The largest Plains GP Holdings buyer in Q1 2024 was Barrow, Hanley, Mewhinney & Strauss, an estimated $40.8M added.
- The largest Plains GP Holdings seller in Q1 2024 was Assenagon Asset Management, an estimated $60.2M sold.
Based on aggregated 13F filings for Q1 2024.