Targa Resources
TRGP
521 hedge funds and large institutions have $11.8B invested in Targa Resources in 2022 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 163 increasing their positions, 180 reducing their positions, and 73 closing their positions.
26% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 73
2% more funds holding
Funds holding: 511 → 521 (+10)
9% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 180
1.5% less ownership
Funds ownership: 88.48% → 86.98% (-1.5%)
22% less capital invested
Capital invested by funds: $15.2B → $11.8B (-$3.41B)
25% less call options, than puts
Call options by funds: $51.3M | Put options by funds: $68.5M
36% less funds holding in top 10
Funds holding in top 10: 22 → 14 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$170M |
| 2 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$130M |
| 3 |
Renaissance Technologies
New York
|
+$115M |
| 4 |
State Street
Boston,
Massachusetts
|
+$72.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$236M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$92.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$81.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.9M |
| 5 |
Millennium Management
New York
|
-$70.5M |
TRGP Hedge Fund Activity: Q2 2022 in Review
521 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q2 2022, worth a combined $11.8B — down 22% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new TRGP positions and 73 closed out — a net gain of 19 holders — while 163 added to existing stakes and 180 trimmed.
The largest buyer was BlackRock, adding an estimated $170M. The largest seller was Deutsche Bank, cutting an estimated $236M.
- 521 institutional investors held Targa Resources (TRGP) as of Q2 2022, up from 511 in Q1 2022.
- Funds reported $11.8B of Targa Resources stock for Q2 2022, down 22% quarter-over-quarter.
- 92 funds opened new Targa Resources positions in Q2 2022 and 73 closed out, a net change of +19 holders.
- The largest Targa Resources buyer in Q2 2022 was BlackRock, an estimated $170M added.
- The largest Targa Resources seller in Q2 2022 was Deutsche Bank, an estimated $236M sold.
Based on aggregated 13F filings for Q2 2022.