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Targa Resources

655 hedge funds and large institutions have $18.1B invested in Targa Resources in 2023 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 236 increasing their positions, 220 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 51

23% more call options, than puts

Call options by funds: $111M | Put options by funds: $89.9M

5% more funds holding

Funds holding: 625655 (+30)

2.67% more ownership

Funds ownership: 90.94%93.61% (+2.7%)

7% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 220

4% more capital invested

Capital invested by funds: $17.4B → $18.1B (+$681M)

0% more funds holding in top 10

Funds holding in top 10: 1717 (0)

Holders
655
Holders Change
+30
Holders Change %
+4.8%
% of All Funds
9.55%
Holding in Top 10
17
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.25%
New
89
Increased
236
Reduced
220
Closed
51
Calls
$111M
Puts
$89.9M
Net Calls
+$21.1M
Net Calls Change
+$23M
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
501
Schechter Investment Advisors
Michigan
$266K +$7.99K +93 +3%
SWA
502
SFMG Wealth Advisors
Texas
$263K +$86 +1 +0%
NP
503
NorthRock Partners
Minnesota
$263K +$20K +233 +8%
CC
504
Cornerstone Capital
California
$263K
NLP
505
Next Level Private
New York
$256K
FA
506
FDx Advisors
Illinois
$254K +$2.83K +33 +1%
CA
507
Cornerstone Advisory
Maryland
$254K +$2.58K +30 +1%
MFWP
508
Mosaic Family Wealth Partners
Missouri
$253K
PFS
509
Prospera Financial Services
Texas
$249K +$246K +2,866 New
MYAM
510
Meiji Yasuda Asset Management
Japan
$245K -$54.1K -630 -18%
WDL
511
Well Done LLC
Michigan
$242K +$687 +8 +0.3%
MWA
512
MN Wealth Advisors
Kansas
$241K +$238K +2,772 New
Caisse de Depot et Placement du Quebec (CDPQ)
513
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$237K -$15.5M -180,647 -99%
VCG
514
Vantage Consulting Group
Virginia
$235K -$15.9K -185 -6%
AWA
515
Aaron Wealth Advisors
Illinois
$232K -$8.16K -95 -3%
LW
516
Linscomb Wealth
Texas
$231K
OC
517
Oppenheimer & Co
New York
$230K
XT
518
XTX Topco
Cayman Islands
$230K +$227K +2,646 New
EA
519
Emerald Advisers
Pennsylvania
$227K -$3.78K -44 -2%
NCM
520
Novare Capital Management
North Carolina
$226K
MA
521
Mezzasalma Advisors
New Jersey
$226K +$223K +2,598 New
NMM
522
Naples Money Management
Florida
$222K +$220K +2,558 New
AA
523
Aire Advisors
California
$220K
AWM
524
Affinity Wealth Management
Delaware
$220K +$218K +2,536 New
MG
525
Mather Group
Illinois
$220K -$14.1K -164 -6%

TRGP Hedge Fund Activity: Q4 2023 in Review

655 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q4 2023, worth a combined $18.1B — up 3.9% from $17.4B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new TRGP positions and 51 closed out — a net gain of 38 holders — while 236 added to existing stakes and 220 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $315M. The largest seller was Citadel Advisors, cutting an estimated $151M.

  • 655 institutional investors held Targa Resources (TRGP) as of Q4 2023, up from 625 in Q3 2023.
  • Funds reported $18.1B of Targa Resources stock for Q4 2023, up 3.9% quarter-over-quarter.
  • 89 funds opened new Targa Resources positions in Q4 2023 and 51 closed out, a net change of +38 holders.
  • The largest Targa Resources buyer in Q4 2023 was Morgan Stanley, an estimated $315M added.
  • The largest Targa Resources seller in Q4 2023 was Citadel Advisors, an estimated $151M sold.

Based on aggregated 13F filings for Q4 2023.