Targa Resources
TRGP
432 hedge funds and large institutions have $9.86B invested in Targa Resources in 2021 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 144 increasing their positions, 141 reducing their positions, and 36 closing their positions.
61% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 36
17% more call options, than puts
Call options by funds: $76.4M | Put options by funds: $65.4M
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
11% more capital invested
Capital invested by funds: $8.92B → $9.86B (+$939M)
4% more funds holding
Funds holding: 415 → 432 (+17)
2% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 141
0.17% less ownership
Funds ownership: 87.78% → 87.61% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$51.8M |
| 2 |
Millennium Management
New York
|
+$35.8M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
+$35.6M |
| 4 |
ZP
Zimmer Partners
New York
|
+$30.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$65.9M |
| 2 |
Jennison Associates
New York
|
-$50.4M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$29.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$27M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$25.7M |
TRGP Hedge Fund Activity: Q3 2021 in Review
432 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q3 2021, worth a combined $9.86B — up 11% from $8.92B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TRGP positions and 36 closed out — a net gain of 22 holders — while 144 added to existing stakes and 141 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $51.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $65.9M.
- 432 institutional investors held Targa Resources (TRGP) as of Q3 2021, up from 415 in Q2 2021.
- Funds reported $9.86B of Targa Resources stock for Q3 2021, up 11% quarter-over-quarter.
- 58 funds opened new Targa Resources positions in Q3 2021 and 36 closed out, a net change of +22 holders.
- The largest Targa Resources buyer in Q3 2021 was Citadel Advisors, an estimated $51.8M added.
- The largest Targa Resources seller in Q3 2021 was T. Rowe Price Associates, an estimated $65.9M sold.
Based on aggregated 13F filings for Q3 2021.