Targa Resources
TRGP
906 hedge funds and large institutions have $32.6B invested in Targa Resources in 2025 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 314 increasing their positions, 349 reducing their positions, and 100 closing their positions.
223% more call options, than puts
Call options by funds: $205M | Put options by funds: $63.5M
0.45% less ownership
Funds ownership: 90.82% → 90.36% (-0.45%)
1% less first-time investments, than exits
New positions opened: 99 | Existing positions closed: 100
1% less funds holding
Funds holding: 916 → 906 (-10)
5% less capital invested
Capital invested by funds: $34.3B → $32.6B (-$1.73B)
10% less repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 349
41% less funds holding in top 10
Funds holding in top 10: 22 → 13 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$649M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$270M |
| 3 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$121M |
| 4 |
D.E. Shaw & Co
New York
|
+$87.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$70.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$206M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$127M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$87.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$72.7M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$64M |
TRGP Hedge Fund Activity: Q3 2025 in Review
906 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q3 2025, worth a combined $32.6B — down 5.1% from $34.3B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of TRGP and 99 opened new positions — a net loss of 1 holder — while 349 trimmed existing stakes and 314 added.
The largest buyer was Harris Associates, adding an estimated $649M. The largest seller was BlackRock, cutting an estimated $206M.
- 906 institutional investors held Targa Resources (TRGP) as of Q3 2025, down from 916 in Q2 2025.
- Funds reported $32.6B of Targa Resources stock for Q3 2025, down 5.1% quarter-over-quarter.
- 99 funds opened new Targa Resources positions in Q3 2025 and 100 closed out, a net change of -1 holder.
- The largest Targa Resources buyer in Q3 2025 was Harris Associates, an estimated $649M added.
- The largest Targa Resources seller in Q3 2025 was BlackRock, an estimated $206M sold.
Based on aggregated 13F filings for Q3 2025.