Targa Resources
TRGP
558 hedge funds and large institutions have $14.9B invested in Targa Resources in 2022 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 181 increasing their positions, 185 reducing their positions, and 55 closing their positions.
96% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 55
58% more call options, than puts
Call options by funds: $103M | Put options by funds: $65.6M
22% more capital invested
Capital invested by funds: $12.2B → $14.9B (+$2.69B)
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
9% more funds holding
Funds holding: 512 → 558 (+46)
0.51% more ownership
Funds ownership: 88.93% → 89.44% (+0.51%)
2% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 185
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$472M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$232M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$161M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$114M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$94.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$411M |
| 2 |
Blackstone Inc
New York
|
-$55.9M |
| 3 |
Bank of New York Mellon
New York
|
-$48.2M |
| 4 |
Goldman Sachs
New York
|
-$48.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.9M |
TRGP Hedge Fund Activity: Q4 2022 in Review
558 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q4 2022, worth a combined $14.9B — up 22% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new TRGP positions and 55 closed out — a net gain of 53 holders — while 181 added to existing stakes and 185 trimmed.
The largest buyer was State Street, adding an estimated $472M. The largest seller was BlackRock, cutting an estimated $411M.
- 558 institutional investors held Targa Resources (TRGP) as of Q4 2022, up from 512 in Q3 2022.
- Funds reported $14.9B of Targa Resources stock for Q4 2022, up 22% quarter-over-quarter.
- 108 funds opened new Targa Resources positions in Q4 2022 and 55 closed out, a net change of +53 holders.
- The largest Targa Resources buyer in Q4 2022 was State Street, an estimated $472M added.
- The largest Targa Resources seller in Q4 2022 was BlackRock, an estimated $411M sold.
Based on aggregated 13F filings for Q4 2022.