We are live on ! Find out more
TRGP icon

Targa Resources
TRGP

602 hedge funds and large institutions have $15.5B invested in Targa Resources in 2023 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 228 increasing their positions, 207 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $125M | Put options by funds: $84.7M

31% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 58

10% more repeat investments, than reductions

Existing positions increased: 228 | Existing positions reduced: 207

6% more funds holding in top 10

Funds holding in top 10: 18 → 19 (+1)

3% more funds holding

Funds holding: 587 → 602 (+15)

1% more capital invested

Capital invested by funds: $15.3B → $15.5B (+$168M)

10.85% less ownership

Funds ownership: 100.75% → 89.89% (-11%)

Holders
602
Holders Change
+15
Holders Change %
+2.56%
% of All Funds
9.45%
Holding in Top 10
19
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.56%
% of All Funds
0.3%
New
76
Increased
228
Reduced
207
Closed
58
Calls
$125M
Puts
$84.7M
Net Calls
+$40.6M
Net Calls Change
+$4.85M

Top Buyers

1
Deutsche Bank
Deutsche Bank
Germany
+$90.8M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$49.9M
3
National Bank of Canada
National Bank of Canada
Quebec, Canada
+$47.3M
4
Allspring Global Investments
Allspring Global Investments
North Carolina
+$43M
5
Cohen & Steers
Cohen & Steers
New York
+$37M

Top Sellers

1
OIAM
OFI Invest Asset Management
France
-$1.66B
2
Blackstone Inc
Blackstone Inc
New York
-$142M
3
MP
Munro Partners
Australia
-$66.9M
4
AllianceBernstein
AllianceBernstein
Tennessee
-$44.6M
5
ACG
Aventail Capital Group
New York
-$41.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Fifth Third Bancorp
501
Fifth Third Bancorp
Ohio
$172K +$67.1K +925 +69%
FDCDDQ
502
Federation des caisses Desjardins du Quebec
Quebec, Canada
$139K – – –
BWA
503
BDO Wealth Advisors
Florida
$135K +$63.1K +870 +96%
NSIM
504
North Star Investment Management
Illinois
$128K +$508 +7 +0.4%
PFBT
505
Parkside Financial Bank & Trust
Missouri
$126K +$508 +7 +0.4%
AP
506
Arlington Partners
Alabama
$121K – – –
FHA
507
First Horizon Advisors
Tennessee
$118K – – –
UM
508
UniSuper Management
Australia
$114K +$109K +1,500 New
CAL
509
Capital Advisors Ltd
Ohio
$114K +$70.1K +966 +182%
SIM
510
Sentry Investment Management
Wisconsin
$113K – – –
PCM
511
Penserra Capital Management
California
$110K +$106K +1,456 +12,133%
SAM
512
Shell Asset Management
Netherlands
$109K -$124K -1,703 -54%
KI
513
Kapitalo Investimentos
Brazil
$102K -$173K -2,383 -64%
VSQM
514
V-Square Quantitative Management
Illinois
$98.7K +$94.1K +1,297 New
CCM
515
Chilton Capital Management
Texas
$90.2K +$8.99K +124 +12%
BG
516
Bollard Group
Massachusetts
$77K +$1.81K +25 +3%
RFA
517
Resurgent Financial Advisors
Georgia
$76.1K +$580 +8 +0.8%
FAM
518
Fred Alger Management
New York
$74.6K -$44.5K -614 -39%
Loomis, Sayles & Company
519
Loomis, Sayles & Company
Massachusetts
$69K +$65.9K +908 New
FMII
520
Farmers & Merchants Investments Inc
Nebraska
$59.2K – – –
PA
521
PSI Advisors
Florida
$57.5K – – –
CTC
522
Central Trust Company
Missouri
$55.4K – – –
HPC
523
HM Payson & Co
Maine
$54.2K – – –
BBHC
524
Brown Brothers Harriman & Co
New York
$50.1K – – –
QL
525
Quarry LP
New York
$48.6K +$13.2K +182 +40%
19 20
21
22 23

TRGP Hedge Fund Activity: Q2 2023 in Review

602 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q2 2023, worth a combined $15.5B — up 1.1% from $15.3B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new TRGP positions and 58 closed out — a net gain of 18 holders — while 228 added to existing stakes and 207 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $90.8M. The largest seller was OFI Invest Asset Management, cutting an estimated $1.66B.

  • 602 institutional investors held Targa Resources (TRGP) as of Q2 2023, up from 587 in Q1 2023.
  • Funds reported $15.5B of Targa Resources stock for Q2 2023, up 1.1% quarter-over-quarter.
  • 76 funds opened new Targa Resources positions in Q2 2023 and 58 closed out, a net change of +18 holders.
  • The largest Targa Resources buyer in Q2 2023 was Deutsche Bank, an estimated $90.8M added.
  • The largest Targa Resources seller in Q2 2023 was OFI Invest Asset Management, an estimated $1.66B sold.

Based on aggregated 13F filings for Q2 2023.