L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 15 listed it in both
Shares listed
45,828,680
combined, among listed positions
Reported value
$8.5bn
combined, at the quarter end

Among the 92 comparable managers: 14 buyers (opened or added shares) and 21 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,099,352.

Managers listing TRGP in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

29 of 29 holders

ActionFiling
Wellington Management Group LLP18,484,786$3.4bn0.60%Trimmed-1,158,35317 Feb 2026 (the filing on sec.gov)
Harris Associates LP9,729,925$1.8bn2.27%Added+5,574,91117 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,261,332$602m0.06%Trimmed-175,59019 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.2,793,877$515m0.28%Added+785,70517 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC2,792,920$515m0.38%Added+1,97227 Oct 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc2,674,422$493m0.05%Trimmed-89017 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)2,030,013$375munder 0.1%Added+45,28217 Feb 2026 (the filing on sec.gov)
MFS Investment Management1,365,432$252m0.08%Trimmed-60,08122 Jan 2026 (the filing on sec.gov)
Point72 Asset Management LP591,023$109m0.12%Trimmed-321,34217 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC382,549$71m0.09%Trimmed-206,13517 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC253,276$47munder 0.1%Added+178,25817 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP239,132$44munder 0.1%Added+7,86817 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP234,397$43m0.31%Added+63,54117 Feb 2026 (the filing on sec.gov)
Millennium Management LLC174,679$32munder 0.1%Trimmed-764,39917 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC123,417$23m0.09%Trimmed-32,48913 Feb 2026 (the filing on sec.gov)
Man Group PLC102,317$19munder 0.1%Trimmed-121,03917 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP101,566$19munder 0.1%Added+49,47217 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC97,591$18munder 0.1%Trimmed-53,40717 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC85,497$16munder 0.1%Added+79,75713 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP70,129$13munder 0.1%Added+46,67213 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP49,277$9.1m0.07%Trimmed-59,49617 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC45,011$8.3munder 0.1%Trimmed-485,57217 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC42,033$7.8munder 0.1%Trimmed-15,86513 Feb 2026 (the filing on sec.gov)
Moore Capital Management LP40,000$7.4m0.11%Newnew17 Feb 2026 (the filing on sec.gov)
Woodline Partners LP36,634$6.8munder 0.1%Added+8,19417 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
20 in Q3 2024 to 16 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
TRGP by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20134$160mn.a.n.a.
Q3 20136$204mn.a.n.a.
Q4 20134$182mn.a.n.a.
Q1 20143$174mn.a.n.a.
Q2 20147$615mn.a.n.a.
Q3 20146$326mn.a.n.a.
Q4 20146$242mn.a.n.a.
Q1 20158$120mn.a.n.a.
Q2 20153$25mn.a.n.a.
Q3 20153$21mn.a.n.a.
Q4 20155$163mn.a.n.a.
Q1 20164$163mn.a.n.a.
Q2 20167$80mn.a.n.a.
Q3 201611$386mn.a.n.a.
Q4 20168$260mn.a.n.a.
Q1 20179$603mn.a.n.a.
Q2 20178$389mn.a.n.a.
Q3 20176$437mn.a.n.a.
Q4 20177$482mn.a.n.a.
Q1 20187$482mn.a.n.a.
Q2 20186$438mn.a.n.a.
Q3 20187$662mn.a.n.a.
Q4 201814$487mn.a.n.a.
Q1 20197$437mn.a.n.a.
Q2 20195$877mn.a.n.a.
Q3 20197$983mn.a.n.a.
Q4 201911$973mn.a.n.a.
Q1 20207$52mn.a.n.a.
Q2 202012$653mn.a.n.a.
Q3 202013$271mn.a.n.a.
Q4 202016$861mn.a.n.a.
Q1 202115$801mn.a.n.a.
Q2 202113$739mn.a.n.a.
Q3 202113$839mn.a.n.a.
Q4 202112$833mn.a.n.a.
Q1 202216$1.7bnn.a.n.a.
Q2 202213$1.3bnn.a.n.a.
Q3 202214$1.4bnn.a.n.a.
Q4 202212$1.9bnn.a.n.a.
Q1 202315$2.2bnn.a.n.a.
Q2 202315$2.1bnn.a.n.a.
Q3 202317$2.5bnn.a.n.a.
Q4 202313$2.0bn59
Q1 202414$3.4bn95
Q2 202417$4.0bn108
Q3 202420$4.7bn137
Q4 202425$5.9bn168
Q1 202522$6.4bn158
Q2 202519$6.1bn148
Q3 202516$6.7bn610
Q4 202515$7.9bn1421
Q1 202614$9.8bn1219
Q2 202616$10.4bn1818

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

TRGP and GEV →TRGP and XOM →TRGP and CVX →Choose a stock to compare with TRGP →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own TRGP, latest filings →Back to the 13F Explorer →