Targa Resources
TRGP
980 hedge funds and large institutions have $39.6B invested in Targa Resources in 2025 Q1 according to their latest regulatory filings, with 135 funds opening new positions, 376 increasing their positions, 342 reducing their positions, and 92 closing their positions.
79% more call options, than puts
Call options by funds: $247M | Put options by funds: $138M
47% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 92
29% more funds holding in top 10
Funds holding in top 10: 24 → 31 (+7)
11% more capital invested
Capital invested by funds: $35.6B → $39.6B (+$4.03B)
3% more funds holding
Funds holding: 950 → 980 (+30)
10% more repeat investments, than reductions
Existing positions increased: 376 | Existing positions reduced: 342
0.51% less ownership
Funds ownership: 91.38% → 90.87% (-0.51%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$280M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$191M |
| 3 |
Goldman Sachs
New York
|
+$162M |
| 4 |
Amundi
Paris,
France
|
+$123M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$194M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$157M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$134M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$129M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$124M |
TRGP Hedge Fund Activity: Q1 2025 in Review
980 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q1 2025, worth a combined $39.6B — up 11% from $35.6B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new TRGP positions and 92 closed out — a net gain of 43 holders — while 376 added to existing stakes and 342 trimmed.
The largest buyer was GQG Partners, adding an estimated $280M. The largest seller was Nuveen, cutting an estimated $194M.
- 980 institutional investors held Targa Resources (TRGP) as of Q1 2025, up from 950 in Q4 2024.
- Funds reported $39.6B of Targa Resources stock for Q1 2025, up 11% quarter-over-quarter.
- 135 funds opened new Targa Resources positions in Q1 2025 and 92 closed out, a net change of +43 holders.
- The largest Targa Resources buyer in Q1 2025 was GQG Partners, an estimated $280M added.
- The largest Targa Resources seller in Q1 2025 was Nuveen, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2025.