We are live on ! Find out more
TRGP icon

Targa Resources
TRGP

368 hedge funds and large institutions have $5.12B invested in Targa Resources in 2020 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 97 increasing their positions, 143 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 5 → 10 (+5)

88% more capital invested

Capital invested by funds: $2.73B → $5.12B (+$2.39B)

86% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 36

8% more funds holding

Funds holding: 340 → 368 (+28)

0.68% more ownership

Funds ownership: 84.06% → 84.73% (+0.68%)

32% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 143

48% less call options, than puts

Call options by funds: $43.9M | Put options by funds: $83.8M

Holders
368
Holders Change
+28
Holders Change %
+8.24%
% of All Funds
6.51%
Holding in Top 10
10
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+100%
% of All Funds
0.18%
New
67
Increased
97
Reduced
143
Closed
36
Calls
$43.9M
Puts
$83.8M
Net Calls
-$39.9M
Net Calls Change
-$7.86M

Top Buyers

1
Deutsche Bank
Deutsche Bank
Germany
+$89.7M
2
SCA
Salient Capital Advisors
Texas
+$40.2M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$30.2M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$26.2M
5
Morgan Stanley
Morgan Stanley
New York
+$19.1M

Top Sellers

1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$69.1M
2
DBC
Deep Basin Capital
Connecticut
-$42.3M
3
Point72 Asset Management
Point72 Asset Management
Connecticut
-$40M
4
TCA
Tortoise Capital Advisors
Kansas
-$38.2M
5
Citadel Advisors
Citadel Advisors
Florida
-$34.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$614M +$30.2M +1,420,246 +7%
BlackRock
2
BlackRock
New York
$294M -$1.61M -75,728 -0.7%
Blackstone Inc
3
Blackstone Inc
New York
$294M +$15.5M +728,776 +7%
TCA
4
Tortoise Capital Advisors
Kansas
$249M -$38.2M -1,795,401 -16%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$206M -$69.1M -3,246,516 -29%
Goldman Sachs
6
Goldman Sachs
New York
$197M -$16.1M -754,996 -9%
Invesco
7
Invesco
Georgia
$196M -$19.8M -931,910 -11%
KACA
8
Kayne Anderson Capital Advisors
California
$191M -$2.22M -104,300 -1%
CCM
9
Chickasaw Capital Management
Tennessee
$170M -$25.4M -1,193,732 -16%
Neuberger Berman Group
10
Neuberger Berman Group
New York
$168M -$3.14M -147,404 -2%
Deutsche Bank
11
Deutsche Bank
Germany
$133M +$89.7M +4,215,874 +520%
SCA
12
Salient Capital Advisors
Texas
$111M +$40.2M +1,889,466 +82%
State Street
13
State Street
Massachusetts
$111M +$991K +46,542 +1%
BC
14
Brookfield Corp
Ontario, Canada
$90M -$7.22M -339,001 -9%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$79.6M +$3.38M +158,876 +6%
Morgan Stanley
16
Morgan Stanley
New York
$65.9M +$19.1M +896,589 +56%
Millennium Management
17
Millennium Management
New York
$64.4M +$17M +798,005 +49%
ClearBridge Investments
18
ClearBridge Investments
New York
$64.4M +$1.12M +52,400 +2%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$62.9M +$3.56M +167,187 +8%
Two Sigma Investments
20
Two Sigma Investments
New York
$61.6M +$5.12M +240,512 +11%
Holocene Advisors
21
Holocene Advisors
New York
$57.4M +$7.3M +343,042 +19%
Two Sigma Advisers
22
Two Sigma Advisers
New York
$54.7M +$12.7M +596,800 +40%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$53.8M +$26.2M +1,228,715 +152%
NIM
24
NXG Investment Management
Texas
$48.3M -$3.95M -185,695 -9%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$45.8M +$1.29M +60,687 +4%
1
2 3 4 5

TRGP Hedge Fund Activity: Q4 2020 in Review

368 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q4 2020, worth a combined $5.12B — up 88% from $2.73B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new TRGP positions and 36 closed out — a net gain of 31 holders — while 97 added to existing stakes and 143 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $89.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $69.1M.

  • 368 institutional investors held Targa Resources (TRGP) as of Q4 2020, up from 340 in Q3 2020.
  • Funds reported $5.12B of Targa Resources stock for Q4 2020, up 88% quarter-over-quarter.
  • 67 funds opened new Targa Resources positions in Q4 2020 and 36 closed out, a net change of +31 holders.
  • The largest Targa Resources buyer in Q4 2020 was Deutsche Bank, an estimated $89.7M added.
  • The largest Targa Resources seller in Q4 2020 was T. Rowe Price Associates, an estimated $69.1M sold.

Based on aggregated 13F filings for Q4 2020.