Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Plains GP Hldgs L P (PAGP)

346 + Investors. Track Smart Money conviction in PAGP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +34
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — PAGP

Based on 346 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PAGP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
346 hedge funds hold PAGP right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+26 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

185 buying124 selling
Last quarter: 185 funds were net buyers (60 opened a brand new position + 125 added to an existing one). Only 124 were sellers (98 trimmed + 26 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+32 vs last Q)

new funds entering per quarter
Funds opening a new PAGP position: 32 → 31 → 28 → 60. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 25% medium ■ 16% new
204 out of 346 hedge funds have held PAGP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +38% but shares only +16% — price-driven

Value
+38%
Shares
+16%
Last quarter: the total dollar value of institutional holdings rose +38%, but actual share count only changed +16%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

44 → 32 → 31 → 28 → 60 new funds/Q
New funds entering each quarter: 32 → 31 → 28 → 60. A growing number of institutions are discovering PAGP each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 15% 1-2yr ■ 20% new
Of 361 current holders: 233 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
42 of 346 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PAGP

In 2026 Q1, 185 hedge funds were net buyers of PAGP (60 opened a new position, 125 added to an existing one), while 124 reduced or exited (98 trimmed, 26 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 39% of total institutional value in PAGP is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +34 funds (more new holders than closures). Total institutional holders: 346.

Hedge Fund Ownership: PAGP

How many hedge funds hold PAGP — quarterly history vs. share price
Quarterly hedge fund ownership of PAGP vs. share price

Market Analysis: PAGP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAGP

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Plains GP Hldgs L P (PAGP) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PAGP has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
PAGP
-3.1%
XLE
+60800.0%

PAGP outperformed XLE by -60803.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
PAGP
-4.2%
XLE
+49727.3%

Since the filing became public, PAGP outperformed XLE by -49731.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 10 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
5.8
/ 10
conviction
Hedge Fund Positioning: PAGP
346 + Investors

Track Smart Money conviction in PAGP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 346 312 10.9%
13F Shares 179M 154M 16.23%
Total Value $4.08B $2.95B 38.44%
New Positions 60 28 +32
Increased Positions 123 125 -2
Closed Positions 26 38 -12
Reduced Positions 93 95 -2
Total Calls 12 10 20.0%
Total Puts 11 8 37.5%
PUT/CALL Ratio 0.92 0.8 Neutral

Statistics: PAGP

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Institutional Holders (2026 Q1)

346 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PAGP. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PAGP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Propel Bio Management, LLC 19.02% 1,272,360 $30.2M
2 RR Advisors, LLC 5.64% 837,289 $20.3M
3 Amplify Investments, LLC 4.31% 9,911 $241K
4 McGowan Group Asset Management, Inc. 4.17% 1,348,868 $32.8M
5 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 4.16% 3,460,000 $84.0M
6 Heronetta Management, L.P. 4.01% 181,025 $4.4M
7 Energy Income Partners, LLC 3.51% 8,974,776 $217.9M
8 Goodman Financial Corp 3.41% 818,027 $19.9M
9 Recurrent Investment Advisors LLC 3.09% 2,124,947 $51.4M
10 Founders Capital Management 3.03% 255,424 $6.2M
11 Tortoise Capital Advisors, L.L.C. 2.98% 11,799,098 $286.5M
12 HF Advisory Group, LLC 1.89% 228,046 $5.5M
13 Artemis Investment Management LLP 1.73% 6,711,956 $163.0M
14 JRM Investment Counsel, LLC 1.65% 255,000 $6.2M
15 Turtle Creek Wealth Advisors, LLC 1.47% 800,338 $19.4M
16 Pinnacle Holdings, LLC 1.29% 163,928 $4.0M
17 Central Valley Advisors, LLC 1.16% 175,796 $4.3M
18 Gilman Hill Asset Management, LLC 1.14% 311,398 $7.6M
19 Miller Howard Investments Inc /Ny 0.94% 1,421,518 $34.5M
20 Diesslin Group, Inc. 0.90% 82,177 $2.0M
21 Advisors Capital Management, LLC 0.83% 2,937,109 $71.3M
22 Oxbow Advisors, LLC 0.81% 390,960 $9.5M
23 Walnut Private Equity Partners, LLC 0.68% 51,000 $1.2M
24 Callodine Capital Management, LP 0.66% 390,000 $9.5M
25 Sl Advisors, LLC 0.64% 15,565 $378K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Plains GP Hldgs L P (PAGP)

What does the Smart Money Trend signal show for PAGP?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PAGP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PAGP?

More buyers than sellers — 60% buying: Last quarter: 185 funds were net buyers (60 opened a brand new position + 125 added to an existing one). Only 124 were sellers (98 trimmed + 26 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PAGP holders?

Strong quality — 39% AUM from major funds: 42 of 346 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PAGP?

59% of holders stayed for 2+ years: 204 out of 346 hedge funds have held PAGP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Plains GP Hldgs L P (PAGP) following the 2026 Q1 hedge fund 13F filings?

As of today, PAGP has moved -4.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +49727.3% for the XLE sector ETF — an outperformance of -49731.5%. Since the quarter end (March 31, 2026), PAGP has gained -3.1% vs +60800.0% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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