Ownership history in Penbrook Management LLC Β· 45 quarters on record
This page tracks every 13F SEC filing in which Penbrook Management LLC reported a position in TARGA RES CORP COM (TRGP). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π Penbrook Management LLC outperformed the S&P 500 by +24.0% annually on this TRGP position. Timing score: 38% (15/39 decisions correct). Average cost basis: $44.10. Maximum drawdown during holding period: β92.4%.
π₯ Exceptional β beat the S&P 500 by 24.0% per year on this position.
44 quarters analyzed
β οΈ Poor timing β buys often preceded drops, trims preceded rallies.
15 of 39 add/trim decisions correct
Best entry: $12.56 (2020 Q3) Β· Worst: $69.12 (2022 Q1)
πͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.
13 adds Β· 27 trims. Bought during 5 of 15 down-price quarters. π Predominantly trimming β distribution phase.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.89% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.
As of 2025 Q4 β sorted by position size