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Targa Resources

205 hedge funds and large institutions have $3B invested in Targa Resources in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 69 increasing their positions, 76 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 17

55% more call options, than puts

Call options by funds: $16.3M | Put options by funds: $10.5M

25% more capital invested

Capital invested by funds: $2.41B → $3B (+$591M)

11% more funds holding

Funds holding: 185205 (+20)

2.49% more ownership

Funds ownership: 78.06%80.55% (+2.5%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

9% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 76

Holders
205
Holders Change
+20
Holders Change %
+10.81%
% of All Funds
5.95%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
38
Increased
69
Reduced
76
Closed
17
Calls
$16.3M
Puts
$10.5M
Net Calls
+$5.76M
Net Calls Change
+$950K
Name Holding Trade Value Shares
Change
Change in
Stake
Jennison Associates
1
Jennison Associates
New York
$391M -$5.2M -65,787 -1%
BAMCO Inc
2
BAMCO Inc
New York
$209M -$143K -1,815 -0.1%
SCA
3
Salient Capital Advisors
Texas
$185M +$16.8M +213,008 +11%
Vanguard Group
4
Vanguard Group
Pennsylvania
$183M +$3.57M +45,186 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$136M +$22.6M +285,700 +23%
NIM
6
NXG Investment Management
Texas
$104M +$14.4M +182,023 +18%
CCM
7
Chickasaw Capital Management
Tennessee
$92.1M -$3.15M -39,868 -4%
Goldman Sachs
8
Goldman Sachs
New York
$85.4M +$26M +328,664 +51%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$80.9M -$485K -6,132 -0.7%
BFA
10
BlackRock Fund Advisors
California
$77M -$2.55M -32,200 -4%
KACA
11
Kayne Anderson Capital Advisors
California
$75M -$22.3M -282,169 -25%
BIT
12
BlackRock Institutional Trust
California
$71.8M -$4.35M -55,025 -6%
CC
13
Carlson Capital
Texas
$69.5M +$32.8M +414,415 +111%
Northern Trust
14
Northern Trust
Illinois
$68.1M +$3.32M +41,983 +6%
Invesco
15
Invesco
Georgia
$66.6M +$2.43M +30,683 +4%
Renaissance Technologies
16
Renaissance Technologies
New York
$59.6M -$11M -139,500 -17%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$58.3M -$1.81M -22,841 -3%
JHIU
18
Janus Henderson Investors US
Colorado
$56.9M +$148K +1,875 +0.3%
State Street
19
State Street
Massachusetts
$53.4M -$96.5K -1,221 -0.2%
BC
20
Brookfield Corp
Ontario, Canada
$48.3M -$7.57M -95,700 -15%
TCA
21
Tortoise Capital Advisors
Kansas
$37.8M -$1.69M -21,400 -5%
TA
22
Teachers Advisors
New York
$35.1M +$11.7M +147,525 +59%
TCIM
23
TIAA CREF Investment Management
New York
$34.9M +$17.3M +219,472 +125%
Millennium Management
24
Millennium Management
New York
$34.2M -$33.2M -420,542 -52%
COPPSERS
25
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$30.3M +$2.43M +30,725 +10%