Free · no sign-up · Q2 2026

Which funds own PAGP

Plains GP HLDGS L P in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $175m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 1; at least, of 91 current
Combined value: $175m; as reported
Opened: 0; new this quarter
Added to: 1; already held
Trimmed or sold out: 1; 1 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Two Sigma Investments LP Quantitative · $138bn book	$175m	0.1%	7,199,867	+$200k+9,640	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Verition Fund Management LLC · Multi-strategy$3.6m held before

Ownership through time

At least 2 of the 95 managers whose filings are on file listed PAGP in Q2 2026, against 4 in Q4 2016. The same number as in Q1 2026.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Two Sigma Investments LP7,190,227 to 7,199,867 shares+$234k

Largest decreases, by shares

MFS Investment Management9,066,172 to 8,930,864 shares-$3.3m

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
MFS Investment Management	Q4 2016	$220m	$217m
Two Sigma Investments LP	Q2 2021	$175m	$175m
Capital Research Global Investors	Q4 2016	$465m	last listed Q3 2018
T. Rowe Price Associates Inc	Q2 2018	$224m	last listed Q2 2018
Millennium Management LLC	Q1 2017	$93m	last listed Q4 2019
Two Sigma Advisers LP	Q3 2021	$86m	last listed Q4 2025
Point72 Asset Management LP	Q4 2016	$78m	last listed Q4 2021
D. E. Shaw & Co.	Q1 2017	$45m	last listed Q2 2020
Renaissance Technologies LLC	Q4 2022	$33m	last listed Q4 2022
Holocene Advisors LP	Q4 2017	$32m	last listed Q3 2021
Arrowstreet Capital LP	Q4 2019	$29m	last listed Q4 2022
Marshall Wace LLP	Q3 2019	$29m	last listed Q1 2020

What PAGP is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around PAGP →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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Illustrative figures. Default values are plausible starting points chosen so a model has somewhere to begin. They are not data, not a view on any company, and not calibrated to anything. Outputs move with whatever you type in.

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The holdings, every quarter, and the week between

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