TPG INC TPG
COM CL A · Common Stock · CUSIP 872657101 · ISIN US8726571016
American investment company
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $29.26. Options: 7 managers hold calls ($4.8m notional), 7 hold puts ($1.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 94 |
| Q4 2022 | 109 |
| Q1 2023 | 112 |
| Q2 2023 | 125 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 65 | 40 |
| Q1 2023 | 49 | 61 |
| Q2 2023 | 79 | 47 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $11.7m | $7.3m | 0.62 |
| Q4 2022 | $6.1m | $3.3m | 0.53 |
| Q1 2023 | $9.2m | $7.5m | 0.81 |
| Q2 2023 | $4.8m | $1.7m | 0.35 |
Biggest buyers
| BlackRock Inc. | Added | +1.3m |
| STATE STREET CORP | Added | +537.5k |
| TimesSquare Capital Management, LLC | Added | +507.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +333.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +318.8k |
| NORTHERN TRUST CORP | Added | +135.2k |
| Bank of New York Mellon Corp | Added | +128.0k |
| Nuveen Asset Management, LLC | New | +117.1k |
| Invesco Ltd. | Added | +110.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +101.7k |
Biggest sellers
| FMR LLC | Reduced | -2.4m |
| Capital Research Global Investors | Sold out | -1.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -690.5k |
| Balyasny Asset Management L.P. | Reduced | -458.1k |
| Robeco Institutional Asset Management B.V. | Sold out | -400.0k |
| LORD, ABBETT & CO. LLC | Reduced | -140.3k |
| Grandeur Peak Global Advisors, LLC | Reduced | -137.5k |
| Point72 Asset Management, L.P. | Sold out | -105.6k |
| Perpetual Ltd | Reduced | -101.5k |
| FIRST TRUST ADVISORS LP | Reduced | -97.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m80.3k shares |
| JANE STREET GROUP, LLC | Reduced | $1.2m41.9k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m38.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $125.0k4.3k shares |
| GROUP ONE TRADING LLC | New | $29.3k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Reduced | $0100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $623.2k21.3k shares |
| CITADEL ADVISORS LLC | Reduced | $479.9k16.4k shares |
| WOLVERINE TRADING, LLC | New | $341.9k12.0k shares |
| Walleye Trading LLC | Added | $225.3k7.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.0k300 shares |
| GROUP ONE TRADING LLC | Reduced | $2.9k100 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.
| Holder | Stake |
|---|---|
TPG GP A, LLC
13D · may seek influence
-1.9 pts · filed 2026-08-18
Stated purposeThis Amendment amends and supplements Item 4 of the Original Schedule 13D by inserting the following before the penultimate paragraph: "Q3 2026 Exchange Pursuant to the Exchange Agreement, on August 14, 2026, 6,960,798 Common Units were ultimately distributed to certain partners of TPG Partner Holdings, L.P. and the API Entities in connection with the exchange by such partners of those Common Units for an equal number of shares of Class A Common Stock and the cancellation of an equal number of shares of Class B Common Stock (the "Q3 2026 Exchange")." Full filing |
56.4% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution +4.0 pts · filed 2026-09-08 | 11.2% |
| Temasek Holdings (Private) Ltd 13G · passive investor -0.7 pts · filed 2026-04-17 | 6.5% |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP 13G · institution new · filed 2026-03-20 | 5.9% |
| INTEGRATED CORE STRATEGIES (US) LLC 13G · passive investor +0.9 pts · filed 2026-06-17 | 5.2% |
Fell to 5% or below in the last year: MANAGED ACCOUNT ADVISORS LLC (0.0%, 2026-05-14), Capital International Investors (3.3%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
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.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 5.5m $162.3m | Added +47.9k |
| Temasek Holdings (Private) Ltd 0.88% of their portfolio | 5.2m $152.7m | Unchanged |
| Capital International Investors 0.03% of their portfolio | 4.1m $120.8m | Reduced -579 |
| BlackRock Inc. 0.00% of their portfolio | 3.5m $102.2m | Added +1.3m |
| Perpetual Ltd 0.69% of their portfolio | 2.8m $80.7m | Reduced -101.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 2.5m $72.9m | Added +40.1k |
| PUTNAM INVESTMENTS LLC 0.09% of their portfolio | 2.2m $63.3m | Added +4.5k |
| TimesSquare Capital Management, LLC 0.83% of their portfolio | 2.0m $58.0m | Added +507.5k |
| LORD, ABBETT & CO. LLC 0.08% of their portfolio | 1.6m $45.7m | Reduced -140.3k |
| NORGES BANK 0.01% of their portfolio | 1.5m $45.4m | Added +69.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $30.9m | Reduced -19.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 861.6k $25.2m | Added +333.6k |
| STATE STREET CORP 0.00% of their portfolio | 842.8k $24.7m | Added +537.5k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 562.0k $16.4m | Reduced -458.1k |
| Invesco Ltd. 0.00% of their portfolio | 440.5k $12.9m | Added +110.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 430.3k $12.6m | Added +101.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 394.0k $11.5m | Added +128.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio | 364.7k $10.7m | Added +318.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 335.7k $9.8m | Reduced -690.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 313.8k $9.2m | Added +135.2k |
| Partners Group Holding AG 0.66% of their portfolio | 271.4k $7.9m | Reduced -68.3k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 263.4k $7.7m | Added +24.6k |
| South Street Advisors LLC 1.50% of their portfolio | 258.9k $7.6m | Added +25.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 247.0k $7.2m | Added +35.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 212.2k $6.2m | Reduced -59.5k |
| UBS Group AG 0.00% of their portfolio | 181.0k $5.3m | Added +18.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 167.7k $4.9m | Reduced -5.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.04% of their portfolio | 139.8k $4.1m | Reduced -1.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 133.3k $3.9m | Added +24.1k |
| Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio | 129.8k $3.8m | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 117.1k $3.4m | New |
| Swiss National Bank 0.00% of their portfolio | 116.3k $3.4m | Added +32.1k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 100.3k $2.9m | Reduced -9.8k |
| Grandeur Peak Global Advisors, LLC 0.19% of their portfolio | 97.1k $2.8m | Reduced -137.5k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 87.6k $2.6m | Reduced -1.0k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 77.2k $2.3m | New |
| HIGHLAND CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 76.2k $2.2m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 76.0k $2.2m | Added +50.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 73.5k $2.2m | Added +61.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 71.2k $2.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 70.8k $2.1m | Added +14.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 68.5k $2.0m | Added +34.2k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 67.5k $2.0m | Added +1.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 63.8k $1.9m | Reduced -97.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 62.7k $1.8m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 61.9k $1.8m | Reduced -19.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 57.4k $1.7m | Reduced -25.4k |
| Simplicity Solutions, LLC 0.04% of their portfolio | 53.4k $1.6m | Added +779 |
| Bleakley Financial Group, LLC 0.05% of their portfolio | 53.4k $1.6m | Added +1.4k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 51.7k $1.5m | Added +3.8k |
| Alberta Investment Management Corp 0.01% of their portfolio | 49.2k $1.4m | Added +8.6k |
| HARBOR CAPITAL ADVISORS, INC. 0.27% of their portfolio | 46.6k $1.4m | Added +42.2k |
| Prana Capital Management, LP 0.09% of their portfolio | 45.8k $1.3m | Added +14.2k |
| Legal & General Group Plc 0.00% of their portfolio | 43.3k $1.3m | Added +31.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 39.3k $1.2m | Added +26.2k |
| SEVEN GRAND MANAGERS, LLC 2.13% of their portfolio | 37.5k $1.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 36.7k $1.1m | Added +6.9k |
| Quantbot Technologies LP 0.06% of their portfolio | 32.5k $950.5k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 29.7k $869.0k | Added +29.4k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 28.7k $838.5k | Added +12.1k |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 28.0k $820.0k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 27.1k $793.2k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 26.5k $775.9k | Added +61 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 25.6k $748.4k | New |
| Renaissance Capital LLC 0.42% of their portfolio | 25.2k $737.2k | Added +4.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 24.5k $715.9k | Added +1.9k |
| HOLLENCREST CAPITAL MANAGEMENT 0.07% of their portfolio | 21.5k $629.1k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 21.0k $614.2k | Reduced -3.0k |
| Holocene Advisors, LP 0.00% of their portfolio | 21.0k $613.4k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 19.9k $582.4k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 19.0k $556.3k | Added +10.6k |
| Nebula Research & Development LLC 0.42% of their portfolio | 18.9k $551.8k | New |
| KAYNE ANDERSON CAPITAL ADVISORS LP 0.02% of their portfolio | 18.6k $544.2k | Reduced -6.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 18.4k $538.1k | New |
| AE Wealth Management LLC 0.00% of their portfolio | 17.8k $521.6k | Reduced -5.4k |
| Impact Partnership Wealth, LLC 0.17% of their portfolio | 17.2k $502.4k | First filing |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 15.0k $439.1k | Added +3.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 14.8k $432.1k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 14.7k $430.4k | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 14.5k $422.8k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 13.9k $406.0k | Reduced -1.1k |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 13.5k $394.5k | Added +14 |
| BARCLAYS PLC 0.00% of their portfolio | 12.6k $367.7k | Added +8.1k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 11.5k $336.0k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 11.3k $330.3k | Added +2.9k |
| AMALGAMATED BANK 0.00% of their portfolio | 10.9k $319.0k | New |
| Operose Advisors LLC 0.13% of their portfolio | 10.0k $292.6k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 9.8k $288.0k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 9.7k $284.0k | Reduced -900 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 9.5k $277.7k | Added +3.4k |
| Petrus Trust Company, LTA 0.03% of their portfolio | 9.0k $264.2k | New |
| Jump Financial, LLC 0.01% of their portfolio | 8.2k $239.9k | New |
| Bristlecone Advisors, LLC 0.02% of their portfolio | 8.0k $233.2k | Unchanged |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 7.7k $226.6k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 7.6k $221.0k | New |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 7.4k $216.7k | Reduced -1.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 7.3k $214.0k | Reduced -11.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 7.2k $210.0k | New |
| Ancora Advisors LLC 0.00% of their portfolio | 6.0k $175.6k | Unchanged |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 5.3k $155.4k | Added +116 |