Plains GP Holdings
PAGP
324 hedge funds and large institutions have $3B invested in Plains GP Holdings in 2025 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 130 increasing their positions, 107 reducing their positions, and 27 closing their positions.
180% more call options, than puts
Call options by funds: $124M | Put options by funds: $44.3M
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
21% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 107
2% more funds holding
Funds holding: 317 → 324 (+7)
3.95% less ownership
Funds ownership: 81.94% → 77.99% (-4%)
13% less capital invested
Capital invested by funds: $3.46B → $3B (-$462M)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$57.1M |
| 2 |
HF
HRT Financial
New York
|
+$6.96M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.94M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$4.78M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$28.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$26.8M |
| 3 |
Morgan Stanley
New York
|
-$22.5M |
| 4 |
JP Morgan Chase
New York
|
-$18.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.7M |
PAGP Hedge Fund Activity: Q2 2025 in Review
324 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q2 2025, worth a combined $3B — down 13% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PAGP positions and 27 closed out — a net gain of 9 holders — while 130 added to existing stakes and 107 trimmed.
The largest buyer was Artemis Investment Management, opening a new position worth an estimated $57.1M. The largest seller was ClearBridge Investments, cutting an estimated $28.9M.
- 324 institutional investors held Plains GP Holdings (PAGP) as of Q2 2025, up from 317 in Q1 2025.
- Funds reported $3B of Plains GP Holdings stock for Q2 2025, down 13% quarter-over-quarter.
- 36 funds opened new Plains GP Holdings positions in Q2 2025 and 27 closed out, a net change of +9 holders.
- The largest Plains GP Holdings buyer in Q2 2025 was Artemis Investment Management, an estimated $57.1M added.
- The largest Plains GP Holdings seller in Q2 2025 was ClearBridge Investments, an estimated $28.9M sold.
Based on aggregated 13F filings for Q2 2025.