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Targa Resources

243 hedge funds and large institutions have $4.8B invested in Targa Resources in 2014 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 80 increasing their positions, 91 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 24

41% more capital invested

Capital invested by funds: $3.41B → $4.8B (+$1.39B)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

13% more funds holding

Funds holding: 216243 (+27)

0.05% more ownership

Funds ownership: 81.47%81.52% (+0.05%)

2% less call options, than puts

Call options by funds: $71.7M | Put options by funds: $73.1M

12% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 91

Holders
243
Holders Change
+27
Holders Change %
+12.5%
% of All Funds
6.98%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.2%
New
52
Increased
80
Reduced
91
Closed
24
Calls
$71.7M
Puts
$73.1M
Net Calls
-$1.36M
Net Calls Change
+$28K
Name Holding Trade Value Shares
Change
Change in
Stake
HCMT
151
Highland Capital Management (Texas)
Texas
$1.2M +$415K +3,608 +72%
VKH
152
Virtu KCG Holdings
New York
$1.17M +$459K +3,993 +91%
TCOTO
153
Trust Company of the Ozarks
Missouri
$1.15M
Legal & General Group
154
Legal & General Group
United Kingdom
$1.12M -$24.1K -210 -3%
US Bancorp
155
US Bancorp
Minnesota
$1.12M +$11.1K +97 +1%
HCM
156
Hollencrest Capital Management
California
$1.11M +$2.64K +23 +0.3%
SI
157
Stephens Inc
Arkansas
$1.04M -$21.8K -190 -2%
NA
158
Navellier & Associates
Nevada
$1.04M -$823K -7,163 -49%
SCM
159
SIR Capital Management
New York
$1.03M +$851K +7,400 New
WRM
160
Westport Resources Management
Connecticut
$1.01M -$190K -1,649 -19%
HCM
161
Hodges Capital Management
Texas
$977K -$28.7K -250 -3%
BG
162
Bollard Group
Massachusetts
$963K +$4.6K +40 +0.6%
LSA
163
L & S Advisors
California
$957K +$40.5K +352 +5%
LW
164
Linscomb Wealth
Texas
$923K -$35.9K -312 -5%
URS
165
Utah Retirement Systems
Utah
$921K +$759K +6,600 New
ZIM
166
Zacks Investment Management
Illinois
$846K -$454K -3,950 -39%
WAM
167
Wolverine Asset Management
Illinois
$834K +$687K +5,978 New
Jane Street
168
Jane Street
New York
$775K -$274K -2,383 -30%
Allianz Asset Management
169
Allianz Asset Management
Germany
$768K -$16.1M -140,000 -96%
Citadel Advisors
170
Citadel Advisors
Florida
$761K -$3.97M -34,526 -86%
BWP
171
Baldwin Wealth Partners
Massachusetts
$721K +$40.2K +350 +7%
EVM
172
Eaton Vance Management
Massachusetts
$705K -$23K -200 -4%
GIM
173
Grassi Investment Management
California
$698K
CIMLRA
174
CBRE Investment Management Listed Real Assets
Pennsylvania
$688K -$73.6K -640 -11%
SCP
175
Syntal Capital Partners
Texas
$670K

TRGP Hedge Fund Activity: Q2 2014 in Review

243 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q2 2014, worth a combined $4.8B — up 41% from $3.41B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new TRGP positions and 24 closed out — a net gain of 28 holders — while 80 added to existing stakes and 91 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $78.5M. The largest seller was BlackRock Fund Advisors, cutting an estimated $67.6M.

  • 243 institutional investors held Targa Resources (TRGP) as of Q2 2014, up from 216 in Q1 2014.
  • Funds reported $4.8B of Targa Resources stock for Q2 2014, up 41% quarter-over-quarter.
  • 52 funds opened new Targa Resources positions in Q2 2014 and 24 closed out, a net change of +28 holders.
  • The largest Targa Resources buyer in Q2 2014 was Fidelity Investments, an estimated $78.5M added.
  • The largest Targa Resources seller in Q2 2014 was BlackRock Fund Advisors, an estimated $67.6M sold.

Based on aggregated 13F filings for Q2 2014.