undamentalytics Newsletter

Targa Resources: which funds bought and sold

Institutions that bought and sold Targa Resources shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 544 institutions that filed 13F reports for both quarters added to or opened positions in Targa Resources, and 426 cut or closed them. Together they added a net 1.1M shares, +0.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.5M shares (−3.2%); index fund managers were net buyers of 878K shares (+1.2%). 130 opened a new position and 73 sold out entirely.

Bought, Q2 2026 544 institutions, 130 of them new holders Sold, Q2 2026 426 institutions, 73 of them sold out
Net change, all compared +1.1M shares (+0.6%)
Net change, active managers −1.5M shares (−3.2%), 35 bought, 38 sold

Buyers versus sellers

institutions compared, 1,143
Active managers and hedge funds 35 bought · 38 sold · −1.5M
Index fund managers 7 bought · 5 sold · +878K
Other institutions 502 bought · 383 sold · +1.6M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Ontario Teachers Pension Plan Board +821K New position 821K $220M
FMR LLC Active manager +665K +24.8% 3.3M $897M
State Street Corp Index funds +627K +4.6% 14.2M $3.8B
Deutsche Bank Ag\ +540K +21.7% 3.0M $811M
Invesco Ltd. +361K +11.9% 3.4M $911M
Morgan Stanley +341K +10.6% 3.6M $954M
Healthcare Of Ontario Pension Plan Trust Fund +299K +2217.5% 312K $83.8M
Marshall Wace, LLP Hedge fund +298K New position 298K $79.8M
Blackrock, Inc. Index funds +291K +1.4% 20.8M $5.6B
Blackstone Inc. +260K +7.8% 3.6M $966M
Mirae Asset Global Etfs Holdings Ltd. +245K +37.7% 893K $239M
Holocene Advisors, LP Hedge fund +222K New position 222K $59.6M
Amundi +216K +10.8% 2.2M $596M
Kayne Anderson Capital Advisors LP +193K +24.9% 971K $260M
Zurich Insurance Group Ltd +169K +279.3% 230K $61.7M
American Century Companies Inc Active manager +151K +12.6% 1.4M $364M
Price T Rowe Associates Inc Active manager +128K +5.0% 2.7M $727M
BNP Paribas Financial Markets +123K +28.5% 554K $148M
Charles Schwab Investment Management Inc Index funds +116K +6.8% 1.8M $488M
Prudential Financial Inc +103K +104.1% 202K $54.1M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Wellington Management Group LLP Active manager −867K −5.8% 14.2M $3.8B
Harris Associates L P Active manager −786K −9.0% 7.9M $2.1B
Canada Pension Plan Investment Board −632K −38.1% 1.0M $276M
Qube Research & Technologies Ltd Hedge fund −412K Sold out 0 —
Bank Of America Corp −411K −13.1% 2.7M $735M
Munro Partners Active manager −385K −89.8% 44K $11.8M
CI Investments Inc. −385K −48.4% 411K $110M
Jpmorgan Chase & Co −257K −15.7% 1.4M $375M
Squarepoint Ops LLC Hedge fund −176K −78.5% 48K $12.9M
Vanguard Portfolio Management LLC Index funds −154K −1.3% 11.7M $3.1B
D. E. Shaw & Co., Inc. Hedge fund −148K −6.1% 2.3M $611M
Brookfield Corp −146K −10.0% 1.3M $353M
Merewether Investment Management, LP −146K −22.4% 503K $135M
Legal & General Group PLC −141K −10.1% 1.3M $337M
Zimmer Partners, LP Hedge fund −140K −17.7% 655K $175M
Royal Bank Of Canada −139K −22.7% 473K $127M
First Trust Advisors LP −132K −57.6% 97K $26M
Northern Trust Corp Index funds −129K −5.2% 2.3M $628M
Bristol Gate Capital Partners Inc. −126K −32.3% 264K $70.7M
Bank Of New York Mellon Corp −118K −8.1% 1.3M $360M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Ontario Teachers Pension Plan Board 821K $220M
Marshall Wace, LLPHedge fund 298K $79.8M
Holocene Advisors, LPHedge fund 222K $59.6M
Fisher Funds Management Ltd 75K $20.1M
Alti Global, Inc. 64K $17.1M
Railway Pension Investments Ltd 57K $15.1M
Freestone Grove Partners LPHedge fund 47K $12.7M
Xcelsior Advisor Partners LLC 38K $10.3M
Meyer Handelman Co 37K $9.9M
Caxton Associates LLPHedge fund 37K $9.8M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Qube Research & Technologies LtdHedge fund 412K $103M
Balyasny Asset Management L.P.Hedge fund 118K $29.6M
Voloridge Investment Management, LLCHedge fund 105K $26.3M
Caisse De Depot Et Placement Du Quebec 85K $21.4M
Exoduspoint Capital Management, LPHedge fund 80K $20M
Trexquant Investment LPHedge fund 30K $7.4M
Peak Financial Advisors LLC 14K $3.5M
Bochk Asset Management Ltd 13K $3.4M
Bridgewater Associates, LPHedge fund 13K $3.2M
Meitav Investment House Ltd 11K $2.8M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
1,085
Ten largest holders
50.0%
of 13F-reported shares
Index fund managers
36.3%
of 13F-reported shares
Active managers and hedge funds
22.0%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 35 38 7 10 −1.5M −3.2%
Index fund managers 7 5 0 0 +878K +1.2%
Other institutions 502 383 123 63 +1.6M +2.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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