Targa Resources
TRGP
467 hedge funds and large institutions have $12.2B invested in Targa Resources in 2018 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 167 increasing their positions, 136 reducing their positions, and 46 closing their positions.
88% more call options, than puts
Call options by funds: $123M | Put options by funds: $65.4M
43% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 46
23% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 136
17% more capital invested
Capital invested by funds: $10.4B → $12.2B (+$1.79B)
4% more funds holding
Funds holding: 451 → 467 (+16)
0.07% more ownership
Funds ownership: 95.66% → 95.73% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 25 → 25 (0)
Top Buyers
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$305M |
| 2 |
Cohen & Steers
New York
|
+$92.2M |
| 3 |
Millennium Management
New York
|
+$81.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$64.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.3M |
Top Sellers
| 1 |
PC
PointState Capital
New York
|
-$130M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$96.5M |
| 3 |
Goldman Sachs
New York
|
-$87.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$68.8M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$55.7M |
TRGP Hedge Fund Activity: Q3 2018 in Review
467 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q3 2018, worth a combined $12.2B — up 17% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new TRGP positions and 46 closed out — a net gain of 20 holders — while 167 added to existing stakes and 136 trimmed.
The largest buyer was Harvest Fund Advisors, adding an estimated $305M. The largest seller was PointState Capital, cutting an estimated $130M.
- 467 institutional investors held Targa Resources (TRGP) as of Q3 2018, up from 451 in Q2 2018.
- Funds reported $12.2B of Targa Resources stock for Q3 2018, up 17% quarter-over-quarter.
- 66 funds opened new Targa Resources positions in Q3 2018 and 46 closed out, a net change of +20 holders.
- The largest Targa Resources buyer in Q3 2018 was Harvest Fund Advisors, an estimated $305M added.
- The largest Targa Resources seller in Q3 2018 was PointState Capital, an estimated $130M sold.
Based on aggregated 13F filings for Q3 2018.