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Targa Resources

260 hedge funds and large institutions have $4.54B invested in Targa Resources in 2014 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 108 increasing their positions, 83 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 23

30% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 83

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

7% more funds holding

Funds holding: 243260 (+17)

2.49% less ownership

Funds ownership: 81.52%79.03% (-2.5%)

5% less capital invested

Capital invested by funds: $4.8B → $4.54B (-$260M)

16% less call options, than puts

Call options by funds: $19.9M | Put options by funds: $23.8M

Holders
260
Holders Change
+17
Holders Change %
+7%
% of All Funds
7.54%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.26%
New
40
Increased
108
Reduced
83
Closed
23
Calls
$19.9M
Puts
$23.8M
Net Calls
-$3.84M
Net Calls Change
-$2.48M
Name Holding Trade Value Shares
Change
Change in
Stake
Jennison Associates
1
Jennison Associates
New York
$354M -$164M -1,191,194 -31%
SCA
2
Salient Capital Advisors
Texas
$340M +$31.6M +230,046 +10%
BAMCO Inc
3
BAMCO Inc
New York
$321M +$183K +1,330 +0.1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$320M -$4.83M -35,167 -1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$270M -$28.4M -206,999 -9%
Goldman Sachs
6
Goldman Sachs
New York
$269M +$27.4M +199,298 +11%
CCM
7
Chickasaw Capital Management
Tennessee
$165M +$2.28M +16,631 +1%
NIM
8
NXG Investment Management
Texas
$138M -$6.21M -45,207 -4%
BIT
9
BlackRock Institutional Trust
California
$116M +$9.12M +66,385 +8%
Renaissance Technologies
10
Renaissance Technologies
New York
$107M -$5.08M -37,000 -5%
KACA
11
Kayne Anderson Capital Advisors
California
$99.8M +$14.7M +107,255 +17%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$91.8M -$26M -189,679 -22%
JHIU
13
Janus Henderson Investors US
Colorado
$86.6M +$21.3M +155,220 +32%
TCA
14
Tortoise Capital Advisors
Kansas
$72M +$13.9M +101,137 +24%
Hudson Bay Capital Management
15
Hudson Bay Capital Management
Connecticut
$71M +$24.4M +177,605 +52%
ZP
16
Zimmer Partners
New York
$60.9M -$5.56M -40,508 -8%
HFA
17
Harvest Fund Advisors
Pennsylvania
$59.1M +$25.8M +188,175 +77%
State Street
18
State Street
Massachusetts
$58.7M +$4.85M +35,303 +9%
AIM
19
Assured Investment Management
New York
$58M +$13M +94,629 +29%
Northern Trust
20
Northern Trust
Illinois
$56.5M -$31.3M -228,207 -35%
COPPSERS
21
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$49M +$3.33M +24,221 +7%
AR
22
Advisory Research
Illinois
$48.2M +$4.11M +29,920 +9%
BFA
23
BlackRock Fund Advisors
California
$47.5M +$6.65M +48,446 +16%
CIBC Private Wealth Group
24
CIBC Private Wealth Group
Georgia
$46.9M -$1.59M -11,586 -3%
TA
25
Teachers Advisors
New York
$43.9M +$5.66M +41,222 +15%