Targa Resources
TRGP
909 hedge funds and large institutions have $33.2B invested in Targa Resources in 2025 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 313 increasing their positions, 351 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
11% more capital inflows, than outflows
Capital inflows: $2.34B | Capital outflows: $2.11B
1.36% more ownership
Funds ownership: 90.82% → 92.18% (+1.4%)
1% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 100
1% less funds holding
Funds holding: 917 → 909 (-8)
11% less repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 351
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
909 of the 7,660 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q3 2025, worth a combined $33.2B — down 3.1% from $34.3B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new TRGP positions and 100 closed out — a net gain of 1 holder — while 313 added to existing stakes and 351 trimmed.
The largest buyer was Harris Associates, adding an estimated $649M. The largest seller was BlackRock, cutting an estimated $206M.
- 909 institutional investors held Targa Resources (TRGP) as of Q3 2025, down from 917 in Q2 2025.
- Funds reported $33.2B of Targa Resources stock for Q3 2025, down 3.1% quarter-over-quarter.
- 101 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.