We are live on ! Find out more
TRGP icon

Targa Resources
TRGP

441 hedge funds and large institutions have $8.71B invested in Targa Resources in 2018 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 164 increasing their positions, 133 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 46

34% more call options, than puts

Call options by funds: $64.9M | Put options by funds: $48.3M

23% more repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 133

4% more funds holding

Funds holding: 426 → 441 (+15)

0% more funds holding in top 10

Funds holding in top 10: 19 → 19 (0)

0.96% less ownership

Funds ownership: 91.5% → 90.54% (-0.96%)

9% less capital invested

Capital invested by funds: $9.55B → $8.71B (-$836M)

Holders
441
Holders Change
+15
Holders Change %
+3.52%
% of All Funds
10.11%
Holding in Top 10
19
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.44%
New
68
Increased
164
Reduced
133
Closed
46
Calls
$64.9M
Puts
$48.3M
Net Calls
+$16.6M
Net Calls Change
-$47.3M

Top Buyers

1
Deutsche Bank
Deutsche Bank
Germany
+$93.9M
2
Millennium Management
Millennium Management
New York
+$70.4M
3
Neuberger Berman Group
Neuberger Berman Group
New York
+$35.1M
4
Goldman Sachs
Goldman Sachs
New York
+$32.8M
5
TCA
Tortoise Capital Advisors
Kansas
+$27M

Top Sellers

1
Blackstone Inc
Blackstone Inc
New York
-$299M
2
BC
Brookfield Corp
Ontario, Canada
-$126M
3
SCM
Scopia Capital Management
New York
-$107M
4
Citadel Advisors
Citadel Advisors
Florida
-$32.4M
5
Bank of New York Mellon
Bank of New York Mellon
New York
-$22.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
FPFS
401
First Personal Financial Services
North Carolina
$9K – – –
TCOV
402
Trust Company of Vermont
Vermont
$9K – – –
VCM
403
Virtue Capital Management
Tennessee
$9K +$8.62K +181 New
CIP
404
Convergence Investment Partners
Florida
$9K +$10K +210 New
PA
405
Parallel Advisors
California
$8K -$1.38K -29 -13%
CBOA
406
Commonwealth Bank of Australia
Australia
$8K – – –
AIM
407
Anchor Investment Management
South Carolina
$7.88K – – –
FANJ
408
Financial Architects (New Jersey)
New Jersey
$7K – – –
PMFA
409
Plante Moran Financial Advisors
Michigan
$6K – – –
SP
410
SWS Partners
Ohio
$6K – – –
FRA
411
Front Row Advisors
California
$5K – – –
PO
412
Private Ocean
California
$5K – – –
QAM
413
QCI Asset Management
New York
$5K – – –
AAM
414
Advisors Asset Management
Colorado
$5K +$5.86K +123 New
CJA
415
C-J Advisory
California
$4K – – –
CAW
416
Cornerstone Advisors (Washington)
Washington
$4K – – –
EARNEST Partners
417
EARNEST Partners
Georgia
$4K – – –
EWM
418
Edge Wealth Management
New York
$3K – – –
VIA
419
Vantage Investment Advisors
Pennsylvania
$3K – – –
JAM
420
JCIC Asset Management
Ontario, Canada
$3K +$3K +63 New
JCM
421
Jacobi Capital Management
Pennsylvania
$3K +$3.1K +65 New
Fifth Third Bancorp
422
Fifth Third Bancorp
Ohio
$2K -$35.2K -739 -95%
Carson Wealth (CWM LLC)
423
Carson Wealth (CWM LLC)
Nebraska
$2K – – –
HFP
424
Holistic Financial Partners
Indiana
$2K – – –
MIM
425
Macroview Investment Management
Maryland
$2K – – –
15 16
17
18 19

TRGP Hedge Fund Activity: Q1 2018 in Review

441 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q1 2018, worth a combined $8.71B — down 8.8% from $9.55B a quarter earlier.

Buyers outnumbered sellers: 68 funds opened new TRGP positions and 46 closed out — a net gain of 22 holders — while 164 added to existing stakes and 133 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $93.9M. The largest seller was Blackstone Inc, cutting an estimated $299M.

  • 441 institutional investors held Targa Resources (TRGP) as of Q1 2018, up from 426 in Q4 2017.
  • Funds reported $8.71B of Targa Resources stock for Q1 2018, down 8.8% quarter-over-quarter.
  • 68 funds opened new Targa Resources positions in Q1 2018 and 46 closed out, a net change of +22 holders.
  • The largest Targa Resources buyer in Q1 2018 was Deutsche Bank, an estimated $93.9M added.
  • The largest Targa Resources seller in Q1 2018 was Blackstone Inc, an estimated $299M sold.

Based on aggregated 13F filings for Q1 2018.