Targa Resources
TRGP
474 hedge funds and large institutions have $10.4B invested in Targa Resources in 2021 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 142 increasing their positions, 166 reducing their positions, and 34 closing their positions.
141% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 34
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
10% more funds holding
Funds holding: 431 → 474 (+43)
5% more capital invested
Capital invested by funds: $9.86B → $10.4B (+$525M)
0.67% less ownership
Funds ownership: 87.61% → 86.94% (-0.67%)
8% less call options, than puts
Call options by funds: $36M | Put options by funds: $39.1M
14% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 166
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$80.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$49.4M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$43.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$33.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$54.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.9M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$30.8M |
| 4 |
ClearBridge Investments
New York
|
-$27.6M |
| 5 |
Neuberger Berman Group
New York
|
-$25M |
TRGP Hedge Fund Activity: Q4 2021 in Review
474 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q4 2021, worth a combined $10.4B — up 5.3% from $9.86B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new TRGP positions and 34 closed out — a net gain of 48 holders — while 142 added to existing stakes and 166 trimmed.
The largest buyer was BlackRock, adding an estimated $80.4M. The largest seller was Deutsche Bank, cutting an estimated $54.7M.
- 474 institutional investors held Targa Resources (TRGP) as of Q4 2021, up from 431 in Q3 2021.
- Funds reported $10.4B of Targa Resources stock for Q4 2021, up 5.3% quarter-over-quarter.
- 82 funds opened new Targa Resources positions in Q4 2021 and 34 closed out, a net change of +48 holders.
- The largest Targa Resources buyer in Q4 2021 was BlackRock, an estimated $80.4M added.
- The largest Targa Resources seller in Q4 2021 was Deutsche Bank, an estimated $54.7M sold.
Based on aggregated 13F filings for Q4 2021.