Targa Resources
TRGP
415 hedge funds and large institutions have $8.92B invested in Targa Resources in 2021 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 113 increasing their positions, 156 reducing their positions, and 38 closing their positions.
79% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 38
44% more capital invested
Capital invested by funds: $6.21B → $8.92B (+$2.71B)
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
8% more funds holding
Funds holding: 386 → 415 (+29)
2.25% more ownership
Funds ownership: 85.53% → 87.78% (+2.2%)
2% less call options, than puts
Call options by funds: $67.5M | Put options by funds: $69.1M
28% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$305M |
| 2 |
State Street
Boston,
Massachusetts
|
+$113M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$67M |
| 4 |
Bank of New York Mellon
New York
|
+$51.3M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$46.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$70.9M |
| 2 |
D.E. Shaw & Co
New York
|
-$57.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$57.2M |
| 4 |
Two Sigma Investments
New York
|
-$55.9M |
| 5 |
Two Sigma Advisers
New York
|
-$54M |
TRGP Hedge Fund Activity: Q2 2021 in Review
415 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q2 2021, worth a combined $8.92B — up 44% from $6.21B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new TRGP positions and 38 closed out — a net gain of 30 holders — while 113 added to existing stakes and 156 trimmed.
The largest buyer was BlackRock, adding an estimated $305M. The largest seller was T. Rowe Price Associates, cutting an estimated $70.9M.
- 415 institutional investors held Targa Resources (TRGP) as of Q2 2021, up from 386 in Q1 2021.
- Funds reported $8.92B of Targa Resources stock for Q2 2021, up 44% quarter-over-quarter.
- 68 funds opened new Targa Resources positions in Q2 2021 and 38 closed out, a net change of +30 holders.
- The largest Targa Resources buyer in Q2 2021 was BlackRock, an estimated $305M added.
- The largest Targa Resources seller in Q2 2021 was T. Rowe Price Associates, an estimated $70.9M sold.
Based on aggregated 13F filings for Q2 2021.