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Targa Resources

254 hedge funds and large institutions have $4.28B invested in Targa Resources in 2014 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 118 increasing their positions, 66 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 66

7.29% more ownership

Funds ownership: 79.03%86.32% (+7.3%)

4% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 49

2% less funds holding

Funds holding: 260254 (-6)

6% less capital invested

Capital invested by funds: $4.54B → $4.28B (-$259M)

11% less call options, than puts

Call options by funds: $16.3M | Put options by funds: $18.4M

56% less funds holding in top 10

Funds holding in top 10: 94 (-5)

Holders
254
Holders Change
-6
Holders Change %
-2.31%
% of All Funds
6.78%
Holding in Top 10
4
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-55.56%
% of All Funds
0.11%
New
47
Increased
118
Reduced
66
Closed
49
Calls
$16.3M
Puts
$18.4M
Net Calls
-$2.1M
Net Calls Change
+$1.75M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
151
Hollencrest Capital Management
California
$1.11M +$129K +1,112 +12%
WJA
152
Williams Jones & Associates
New York
$1.03M +$1.12M +9,700 New
CPIG
153
Chicago Partners Investment Group
Illinois
$1.02M +$1.12M +9,665 New
GMIM
154
General Motors Investment Management
New York
$1M +$282K +2,439 +35%
EGA
155
E&G Advisors
Texas
$988K +$347 +3 +0%
BFA
156
Benedict Financial Advisors
Georgia
$969K +$1.19M +10,266 New
IRF
157
IBM Retirement Fund
New York
$946K +$94.2K +814 +10%
BJ
158
BlackRock Japan
Japan
$946K +$437K +3,774 +73%
Legal & General Group
159
Legal & General Group
United Kingdom
$932K -$55.1K -476 -5%
Public Employees Retirement Association of Colorado
160
Public Employees Retirement Association of Colorado
Colorado
$930K -$2.43K -21 -0.2%
AI
161
Analytic Investors
California
$926K
HT
162
HighTower Trust
Texas
$908K -$352K -3,040 -26%
QI
163
Quotient Investors
New York
$900K +$982K +8,482 New
US Bancorp
164
US Bancorp
Minnesota
$893K -$54.8K -473 -5%
GCM
165
Gator Capital Management
Florida
$880K +$961K +8,301 New
TCOTO
166
Trust Company of the Ozarks
Missouri
$871K
BWP
167
Baldwin Wealth Partners
Massachusetts
$814K +$302K +2,613 +52%
ClearBridge Investments
168
ClearBridge Investments
New York
$807K +$182K +1,570 +26%
HB
169
Homrich & Berg
Georgia
$799K +$345K +2,982 +66%
GEM
170
Global Endowment Management
North Carolina
$792K +$266K +2,300 +44%
EIM
171
Essex Investment Management
Massachusetts
$789K
SI
172
Stephens Inc
Arkansas
$788K +$463 +4 +0.1%
NA
173
Navellier & Associates
Nevada
$770K -$10.7K -92 -1%
LW
174
Linscomb Wealth
Texas
$745K +$47K +406 +6%
HCM
175
Hodges Capital Management
Texas
$742K

TRGP Hedge Fund Activity: Q4 2014 in Review

254 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q4 2014, worth a combined $4.28B — down 5.7% from $4.54B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of TRGP and 47 opened new positions — a net loss of 2 holders — while 66 trimmed existing stakes and 118 added.

The largest buyer was Salient Capital Advisors, adding an estimated $89.6M. The largest seller was Fidelity Investments, cutting an estimated $126M.

  • 254 institutional investors held Targa Resources (TRGP) as of Q4 2014, down from 260 in Q3 2014.
  • Funds reported $4.28B of Targa Resources stock for Q4 2014, down 5.7% quarter-over-quarter.
  • 47 funds opened new Targa Resources positions in Q4 2014 and 49 closed out, a net change of -2 holders.
  • The largest Targa Resources buyer in Q4 2014 was Salient Capital Advisors, an estimated $89.6M added.
  • The largest Targa Resources seller in Q4 2014 was Fidelity Investments, an estimated $126M sold.

Based on aggregated 13F filings for Q4 2014.