Targa Resources
TRGP
825 hedge funds and large institutions have $29.1B invested in Targa Resources in 2024 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 318 increasing their positions, 273 reducing their positions, and 46 closing their positions.
191% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 46
22% more call options, than puts
Call options by funds: $232M | Put options by funds: $191M
16% more repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 273
13% more capital invested
Capital invested by funds: $25.7B → $29.1B (+$3.37B)
11% more funds holding
Funds holding: 743 → 825 (+82)
5% more funds holding in top 10
Funds holding in top 10: 20 → 21 (+1)
0.31% less ownership
Funds ownership: 90.11% → 89.8% (-0.31%)
Top Buyers
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$117M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$89.2M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$80.6M |
| 4 |
Millennium Management
New York
|
+$76.7M |
| 5 |
Morgan Stanley
New York
|
+$55.6M |
Top Sellers
TRGP Hedge Fund Activity: Q3 2024 in Review
825 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q3 2024, worth a combined $29.1B — up 13% from $25.7B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new TRGP positions and 46 closed out — a net gain of 88 holders — while 318 added to existing stakes and 273 trimmed.
The largest buyer was Nuveen, adding an estimated $117M. The largest seller was Blackstone Inc, cutting an estimated $237M.
- 825 institutional investors held Targa Resources (TRGP) as of Q3 2024, up from 743 in Q2 2024.
- Funds reported $29.1B of Targa Resources stock for Q3 2024, up 13% quarter-over-quarter.
- 134 funds opened new Targa Resources positions in Q3 2024 and 46 closed out, a net change of +88 holders.
- The largest Targa Resources buyer in Q3 2024 was Nuveen, an estimated $117M added.
- The largest Targa Resources seller in Q3 2024 was Blackstone Inc, an estimated $237M sold.
Based on aggregated 13F filings for Q3 2024.