PLAINS GP HLDGS L P PAGP
LTD PARTNR INT A · Ltd Part · CUSIP 72651A207
- SectorEnergy
- IndustryPipe Lines (No Natural Gas)
- HeadquartersHouston, TX
- Websiteplainsallamerican.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.41. Options: 10 managers hold calls ($9.7m notional), 9 hold puts ($2.0m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 254 |
| Q4 2022 | 261 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $9.8m | $4.1m | 0.42 |
| Q4 2022 | $9.7m | $2.0m | 0.21 |
Biggest buyers
| WESTWOOD HOLDINGS GROUP INC | New | +4.3m |
| Energy Income Partners, LLC | Added | +1.9m |
| Advisors Capital Management, LLC | New | +1.7m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.3m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +815.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +650.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +624.1k |
| Cambria Investment Management, L.P. | Added | +612.3k |
| CITADEL ADVISORS LLC | Added | +608.6k |
| Invesco Ltd. | Added | +598.1k |
Biggest sellers
| Salient Capital Advisors, LLC | Sold out | -3.1m |
| CHICKASAW CAPITAL MANAGEMENT LLC | Reduced | -1.0m |
| Verition Fund Management LLC | Sold out | -852.3k |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Reduced | -785.9k |
| HITE Hedge Asset Management LLC | Reduced | -601.9k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -589.6k |
| SIR Capital Management, L.P. | Sold out | -478.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -417.9k |
| HRT FINANCIAL LP | Sold out | -393.5k |
| Cubist Systematic Strategies, LLC | Reduced | -328.5k |
Biggest calls
| PEAK6 Investments LLC | Reduced | $2.6m212.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m179.3k shares |
| CITADEL ADVISORS LLC | Added | $1.8m144.2k shares |
| JANE STREET GROUP, LLC | Reduced | $1.6m132.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $549.0k44.2k shares |
| GROUP ONE TRADING LLC | Reduced | $533.7k42.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $210.0k16.9k shares |
| Walleye Trading LLC | Added | $49.8k4.0k shares |
| HAP Trading, LLC | New | $5.0k10.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | Reduced | $765.1k61.5k shares |
| CITADEL ADVISORS LLC | Reduced | $497.6k40.0k shares |
| JANE STREET GROUP, LLC | Reduced | $333.4k26.8k shares |
| WOLVERINE TRADING, LLC | Added | $264.0k21.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $135.6k10.9k shares |
| GROUP ONE TRADING LLC | Reduced | $18.7k1.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.0k1.1k shares |
| Walleye Trading LLC | Reduced | $10.0k800 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: Energy Income Partners, LLC (4.5%, 2026-02-17), MASSACHUSETTS FINANCIAL SERVICES CO /MA/ (4.8%, 2026-01-28)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 1 | $119.8k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 13.0m $162.2m | Added +650.9k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 12.8m $159.6m | Added +9.0k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 2.38% of their portfolio | 12.8m $159.0m | Reduced -785.9k |
| Energy Income Partners, LLC 3.05% of their portfolio | 10.9m $135.3m | Added +1.9m |
| Clearbridge Investments, LLC 0.10% of their portfolio | 8.2m $102.1m | Added +162.4k |
| CHICKASAW CAPITAL MANAGEMENT LLC 3.90% of their portfolio | 5.9m $73.7m | Reduced -1.0m |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 6.89% of their portfolio | 5.8m $72.3m | Reduced -99.2k |
| RR Advisors, LLC 11.73% of their portfolio | 5.6m $69.7m | Added +22.0k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 1.60% of their portfolio | 4.4m $54.5m | Reduced -115.0k |
| WESTWOOD HOLDINGS GROUP INC 0.47% of their portfolio | 4.3m $53.8m | New |
| Brookfield Corp /ON/ 0.18% of their portfolio | 3.8m $47.4m | Reduced -179.1k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 3.5m $43.2m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.12% of their portfolio | 3.5m $43.1m | Reduced -55.2k |
| TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio | 3.5m $43.0m | Added +519.1k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 3.3m $40.5m | Added +1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 2.9m $36.6m | Added +100.7k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 2.9m $36.5m | Added +353.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.8m $34.8m | Added +158.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 2.6m $32.6m | Added +815.1k |
| Assenagon Asset Management S.A. 0.13% of their portfolio | 2.5m $31.4m | Added +61.9k |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 2.4m $29.3m | Added +566.9k |
| Recurrent Investment Advisors LLC 6.07% of their portfolio | 2.3m $28.5m | Added +452.3k |
| MILLER HOWARD INVESTMENTS INC /NY 0.97% of their portfolio | 2.2m $26.8m | Added +305.9k |
| UBS Group AG 0.01% of their portfolio | 2.1m $25.6m | Added +73.9k |
| Invesco Ltd. 0.01% of their portfolio | 1.9m $23.9m | Added +598.1k |
| Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio | 1.9m $23.4m | Reduced -589.6k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.8m $21.9m | Added +608.6k |
| Advisors Capital Management, LLC 0.58% of their portfolio | 1.7m $21.5m | New |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.5m $18.1m | Added +624.1k |
| CI INVESTMENTS INC. 0.08% of their portfolio | 1.3m $16.7m | Reduced -26.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.2m $15.2m | Added +366.6k |
| BARCLAYS PLC 0.01% of their portfolio | 1.2m $14.5m | First filing |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.65% of their portfolio | 1.1m $13.9m | Reduced -5.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.09% of their portfolio | 1.1m $13.4m | Reduced -417.9k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 1.1m $13.1m | Added +365.7k |
| BlackRock Inc. 0.00% of their portfolio | 1.0m $13.1m | Reduced -40.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $12.9m | Reduced -91.8k |
| ALPS ADVISORS INC 0.11% of their portfolio | 1.0m $12.8m | Reduced -13.6k |
| HENNESSY ADVISORS INC 0.81% of their portfolio | 985.7k $12.3m | Unchanged |
| NBW CAPITAL LLC 2.97% of their portfolio | 934.5k $11.6m | Reduced -20.6k |
| Goodman Financial Corp 3.50% of their portfolio | 893.3k $11.1m | Reduced -18.6k |
| Catalyst Capital Advisors LLC 0.36% of their portfolio | 889.9k $11.1m | Reduced -24.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 882.2k $11.0m | Added +30.9k |
| EAGLE GLOBAL ADVISORS LLC 0.73% of their portfolio | 847.1k $10.5m | Added +52.9k |
| Blackstone Inc. 0.04% of their portfolio | 780.9k $9.7m | Reduced -54.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 758.5k $9.4m | Reduced -3.1k |
| Morningstar Investment Services LLC 0.12% of their portfolio | 707.8k $8.7m | Added +522 |
| Cambria Investment Management, L.P. 0.69% of their portfolio | 665.3k $8.3m | Added +612.3k |
| Oxbow Advisors, LLC 1.52% of their portfolio | 649.9k $8.1m | Added +501.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 639.6k $8.0m | Reduced -106.7k |
| HighTower Trust Company, N.A. 0.75% of their portfolio | 638.9k $7.8m | Unchanged |
| PATHSTONE FAMILY OFFICE, LLC 0.01% of their portfolio | 607.9k $741.3k | Added +27.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.04% of their portfolio | 597.1k $7.4m | Unchanged |
| Walleye Capital LLC 0.15% of their portfolio | 567.2k $7.1m | Added +120.4k |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 540.2k $6.7m | Reduced -328.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 522.4k $6.5m | Added +42.9k |
| STATE STREET CORP 0.00% of their portfolio | 495.5k $6.2m | Reduced -27.4k |
| Terril Brothers, Inc. 2.89% of their portfolio | 473.7k $5.9m | Reduced -158.1k |
| Swiss National Bank 0.00% of their portfolio | 469.0k $5.8m | Added +8.5k |
| Bard Financial Services, Inc. 0.48% of their portfolio | 452.8k $5.6m | Reduced -7.5k |
| HITE Hedge Asset Management LLC 0.45% of their portfolio | 438.1k $5.4m | Reduced -601.9k |
| MERITAGE PORTFOLIO MANAGEMENT 0.37% of their portfolio | 380.7k $4.7m | Added +84.1k |
| LPL Financial LLC 0.00% of their portfolio | 376.6k $4.7m | Added +49.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 366.8k $4.6m | Added +6.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 345.6k $4.3m | Added +17.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 324.9k $4.0m | Added +157.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 283.9k $3.5m | Added +87.1k |
| Heronetta Management, L.P. 2.22% of their portfolio | 282.9k $3.5m | Added +55.4k |
| Moors & Cabot, Inc. 0.23% of their portfolio | 269.3k $3.3m | Added +50 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 266.2k $3.3m | Added +167.7k |
| Annandale Capital, LLC 1.07% of their portfolio | 260.4k $3.2m | Added +1.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 246.5k $3.1m | New |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 240.5k $3.0m | Added +162.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 237.9k $3.0m | Reduced -35.4k |
| Tortoise Index Solutions, LLC 1.20% of their portfolio | 234.4k $6.3m | Added +52.0k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 227.1k $2.8m | Added +44.1k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 226.9k $2.8m | Added +164.0k |
| ProVise Management Group, LLC 0.27% of their portfolio | 212.9k $2.6m | Added +57.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 209.9k $2.6m | Reduced -13.6k |
| HighTower Advisors, LLC 0.01% of their portfolio | 209.1k $2.6m | Added +6.6k |
| Sagefield Capital LP 0.64% of their portfolio | 202.9k $2.5m | Added +12.9k |
| Trexquant Investment LP 0.07% of their portfolio | 201.0k $2.5m | Added +144.7k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.02% of their portfolio | 200.6k $2.5m | Added +10.5k |
| KGH Ltd 0.18% of their portfolio | 191.3k $2.4m | Reduced -8.7k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 189.7k $2.4m | Unchanged |
| Prescott Group Capital Management, L.L.C. 0.51% of their portfolio | 189.4k $2.4m | Reduced -128.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 184.0k $2.3m | Added +5.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 180.7k $2.2m | Reduced -199.6k |
| Ergoteles LLC 0.05% of their portfolio | 179.5k $1.3m | Added +98.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 173.2k $2.2m | Added +8.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 169.0k $2.1m | Added +1.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 168.1k $2.1m | Added +771 |
| STABLEFORD CAPITAL II LLC 1.11% of their portfolio | 164.1k $2.0m | Reduced -965 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 163.7k $2.0m | Added +9.9k |
| BEACH INVESTMENT COUNSEL INC/PA 0.24% of their portfolio | 157.3k $2.0m | Added +800 |
| Jump Financial, LLC 0.10% of their portfolio | 150.4k $1.9m | Reduced -32.5k |
| Avalon Investment & Advisory 0.05% of their portfolio | 149.6k $1.9m | Reduced -573 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 140.8k $1.8m | Reduced -2.9k |
| Dynamic Technology Lab Private Ltd 0.17% of their portfolio | 135.9k $1.7m | New |
| Amundi 0.00% of their portfolio | 121.7k $1.5m | Added +116.4k |