Plains GP Hldgs L P (PAGP) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Plains GP Hldgs L P (PAGP) following the 2026 Q2 hedge fund 13F filings?

As of today, PAGP has moved +7.2% since the 2026 Q2 13F filing date (August 14, 2026), compared to +3.4% for the XLE sector ETF — an outperformance of +3.8%. Since the quarter end (June 30, 2026), PAGP gained +14.1% vs +20.6% 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.

Plains GP Hldgs L P (PAGP)

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

Smart Money Signals — PAGP

Based on 346 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q

The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

🏔️

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 — +7% more funds vs a year ago

fund count last 6Q

+22 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟠

More sellers than buyers — 48% buying

156 buying166 selling

Last quarter: 166 funds reduced or exited vs 156 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

⚠️

Fewer new buyers each quarter (-24 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 31 → 29 → 60 → 36. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 22% medium ■ 18% new

207 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.

🚀

Acceleration phase — new buyers rushing in

34 → 31 → 29 → 60 → 36 new funds/Q

New funds entering each quarter: 31 → 29 → 60 → 36. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Veteran-anchored — 66% veterans vs 18% newcomers

■ 66% veterans ■ 15% 1-2yr ■ 18% new

Entry-cohort mix of 360 holders: 239 (66%) are 2+ year veterans, 55 entered 1–2 years ago, and 66 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds

42 of 339 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in PAGP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.7

out of 10

Low Exit Risk

Exit risk score 3.7/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	336	346	-2.89%
13F Shares	172M	179M	-4.07%
Total Value	$3.92B	$4.08B	-3.94%
New Positions	35	60	-25
Increased Positions	113	123	-10
Closed Positions	38	27	+11
Reduced Positions	126	93	+33
Total Calls	11	12	-8.33%
Total Puts	9	11	-18.18%
PUT/CALL Ratio	0.82	0.92	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

336

346

-2.89%

13F Shares

172M

179M

-4.07%

Total Value

$3.92B

$4.08B

-3.94%

New Positions

-25

Increased Positions

113

123

-10

Closed Positions

+11

Reduced Positions

126

+33

Total Calls

-8.33%

Total Puts

-18.18%

PUT/CALL Ratio

0.82

0.92

Neutral

Institutional Holders (2026 Q2)

336 + 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:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PAGP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Propel Bio Management, LLC	16.16%	1,272,360	$30.9M
2	RR Advisors, LLC	5.53%	787,888	$19.1M
3	CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT	4.12%	3,795,000	$92.1M
4	Heronetta Management, L.P.	4.03%	181,025	$4.4M
5	McGowan Group Asset Management, Inc.	3.96%	1,342,670	$32.6M
6	Amplify Investments, LLC	3.91%	11,660	$283K
7	Energy Income Partners, LLC	3.45%	9,045,863	$219.5M
8	Goodman Financial Corp	3.13%	834,230	$20.2M
9	Tortoise Capital Advisors, L.L.C.	2.74%	11,116,796	$269.8M
10	Founders Capital Management	2.71%	258,172	$6.3M
11	Recurrent Investment Advisors LLC	2.71%	1,791,325	$43.6M
12	HF Advisory Group, LLC	1.59%	211,872	$5.1M
13	JRM Investment Counsel, LLC	1.50%	255,000	$6.2M
14	Pinnacle Holdings, LLC	1.21%	161,791	$3.9M
15	Artemis Investment Management LLP	1.14%	5,276,057	$128.0M
16	Central Valley Advisors, LLC	1.09%	175,704	$4.3M
17	Gilman Hill Asset Management, LLC	1.04%	313,713	$7.6M
18	Turtle Creek Wealth Advisors, LLC	1.04%	810,338	$19.7M
19	Miller Howard Investments Inc /Ny	0.90%	1,395,186	$33.9M
20	Oxbow Advisors, LLC	0.80%	403,349	$9.8M
21	Diesslin Group, Inc.	0.78%	82,841	$2.0M
22	Advisors Capital Management, LLC	0.76%	2,942,570	$71.4M
23	Walnut Private Equity Partners, LLC	0.67%	51,000	$1.2M
24	Sl Advisors, LLC	0.66%	15,450	$375K
25	Yaupon Capital Management LP	0.65%	1,354,670	$32.9M

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?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for PAGP?

More sellers than buyers — 48% buying: Last quarter: 166 funds reduced or exited vs 156 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PAGP holders?

Elite ownership — 48% AUM from top-100 funds: 42 of 339 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in PAGP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PAGP?

60% of holders stayed for 2+ years: 207 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 Q2 hedge fund 13F filings?

As of today, PAGP has moved +7.2% since the 2026 Q2 13F filing date (August 14, 2026), compared to +3.4% for the XLE sector ETF — an outperformance of +3.8%. Since the quarter end (June 30, 2026), PAGP has gained +14.1% vs +20.6% 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.

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Plains GP Hldgs L P (PAGP)

Smart Money Signals — PAGP

No change last quarter

At the ownership peak (100% of max)

Steady growth — +7% more funds vs a year ago

More sellers than buyers — 48% buying

Fewer new buyers each quarter (-24 vs last Q)

60% of holders stayed for 2+ years

Acceleration phase — new buyers rushing in

Veteran-anchored — 66% veterans vs 18% newcomers

Elite ownership — 48% AUM from top-100 funds

Institutional Sentiment Summary — PAGP

Hedge Fund Ownership: PAGP

Market Analysis: PAGP

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PAGP

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

Hedge Fund Positioning: PAGP

Statistics: PAGP

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

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

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