Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TARGA RES CORP (TRGP)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +53
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — TRGP

Based on 902 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TRGP 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 (98% of max)

98% of all-time peak
902 hedge funds hold TRGP 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding TRGP is almost the same as a year ago (+14 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 55% buying

492 buying396 selling
Last quarter: 492 funds bought or added vs 396 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+54 vs last Q)

new funds entering per quarter
Funds opening a new TRGP position: 131 → 95 → 98 → 152. 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+) ■ 23% medium ■ 19% new
529 out of 902 hedge funds have held TRGP 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.
📈

Growing discovery — still being found

157 → 131 → 95 → 98 → 152 new funds/Q
New funds entering each quarter: 131 → 95 → 98 → 152. A growing number of institutions are discovering TRGP each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 12% 1-2yr ■ 25% new
Of 923 current holders: 575 (62%) 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.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
44 of 902 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in TRGP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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.

Hedge Fund Ownership: TRGP

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

Market Analysis: TRGP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TRGP

-- --

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

101 top-rated funds 10 high-conviction
Consensus
8.7
/ 10
breadth
×
Elite
4.7
/ 10
conviction
Hedge Fund Positioning: TRGP
2026 Q1 Stats Unlock in 11 days 923 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 923 879 5.01%
13F Shares 200M 193M 3.76%
Total Value $36.35B $31.83B 14.2%
New Positions 152 98 +54
Increased Positions 365 342 +23
Closed Positions 105 110 -5
Reduced Positions 337 386 -49
Total Calls 14 19 -26.32%
Total Puts 9 15 -40.0%
PUT/CALL Ratio 0.64 0.79 Bullish

Statistics: TRGP

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Institutional Holders (2026 Q1)

923 + investors

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

Top 25 institutional holders of TRGP — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CHICKASAW CAPITAL MANAGEMENT LLC 15.64% 1,764,758 $442K
2 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 8.10% 652,300 $163.6M
3 SL ADVISORS, LLC 7.40% 17,438 $4.4M
4 ELCO Management Co., LLC 5.94% 49,405 $12.4M
5 Fractal Investments LLC 4.70% 158,424 $39.7M
6 Amplify Investments, LLC 3.74% 833 $209K
7 Munro Partners 3.64% 428,800 $107.5M
8 Sicart Associates LLC 3.42% 53,146 $13.3M
9 ADAMS NATURAL RESOURCES FUND, INC. 2.69% 92,500 $23.2M
10 Heronetta Management, L.P. 2.37% 10,342 $2.6M
11 BAHL & GAYNOR INC 2.18% 1,726,266 $432.8M
12 Gunderson Capital Management LLC 2.03% 19,372 $4.9M
13 CAMELOT TECHNOLOGY ADVISORS, INC. 1.98% 10,869 $2.7M
14 Cooksen Wealth, LLC 1.94% 10,640 $2.7M
15 ARGUS INVESTORS' COUNSEL, INC. 1.87% 8,375 $2.1M
16 Pinnacle Holdings, LLC 1.79% 22,046 $5.5M
17 SPIRIT OF AMERICA MANAGEMENT CORP/NY 1.77% 35,733 $9.0M
18 Carolina Wealth Advisors, LLC 1.68% 16,108 $4.0M
19 SEARLE & CO. 1.64% 26,000 $6.5M
20 Gryphon Financial Partners LLC 1.64% 63,766 $16.0M
21 MILLER HOWARD INVESTMENTS INC /NY 1.58% 230,592 $57.8M
22 PEAK FINANCIAL ADVISORS LLC 1.56% 14,038 $3.5M
23 TimesSquare Capital Management, LLC 1.47% 344,872 $86K
24 Family Capital Trust Co 1.34% 22,162 $4.1M
25 DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.33% 509,397 $127.7M
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 — TARGA RES CORP (TRGP)

What does the Smart Money Trend signal show for TRGP?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TRGP 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 TRGP?

Slight buying edge — 55% buying: Last quarter: 492 funds bought or added vs 396 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TRGP holders?

Elite ownership — 55% AUM from top-100 funds: 44 of 902 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in TRGP. 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 TRGP?

59% of holders stayed for 2+ years: 529 out of 902 hedge funds have held TRGP 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.

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.