Targa Resources Inc (TRGP) Ownership

113.81 ↑0.89 (0.79%)

As of April 22, 2024, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Vanguard Group Inc is the biggest individual institutional holder of Targa Resources Inc (TRGP), owning a total of 26.8 million shares. Combined, the top 30 institutional holders of TRGP own 81.45% of the company with a total of 181.6 million shares.

In the latest ownership report on December 31st 2023, the top 30 institutional holders increased their combined ownership of TRGP by 7.9 million shares. 9 institutions bought 10,782,552 total additional shares and increased their ownership by an average of 30.37%. However 11 institutions sold 2,841,375 total shares and decreased their ownership by an average of 4.26%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Targa Resources increased by a net total of 7,941,177 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	12.049%	-0.115%	26,814,175	-30,890	2023-12-31
BlackRock Inc	9.001%	7.890%	20,031,238	1,464,872	2023-12-31
State Street Corporation	6.519%	-2.669%	14,505,888	-397,814	2023-12-31
Blackstone Inc	4.243%	60.380%	9,442,728	3,554,989	2023-12-31
Wellington Management Company LLP	3.396%	-9.166%	7,556,482	-762,542	2023-12-31
Goldman Sachs Group Inc	3.288%	95.563%	7,317,056	3,575,521	2023-12-31
Tortoise Midstream Energy Fund, Inc.	3.053%	-10.430%	6,793,909	-791,116	2023-12-31
Amvescap Plc.	3.031%	4.974%	6,745,418	319,607	2023-12-31
Deutsche Bank AG	2.399%	-4.294%	5,337,568	-239,459	2023-12-31
Geode Capital Management, LLC	2.228%	2.288%	4,959,049	110,934	2023-12-31
Morgan Stanley - Brokerage Accounts	1.675%	-1.704%	3,726,866	-64,586	2023-12-31
Neuberger Berman Group LLC	1.624%	-4.794%	3,613,560	-181,961	2023-12-31
Kayne Anderson Capital Advisors LP	1.330%	-4.923%	2,960,266	-153,286	2023-12-31
FMR Inc	1.290%	18.111%	2,871,666	440,340	2023-12-31
Zimmer Partners LP	1.161%	8.407%	2,582,900	200,300	2023-12-31
Jennison Associates LLC	1.117%	-0.079%	2,485,552	-1,955	2023-12-31
Chickasaw Capital Management, LLC	1.106%	-5.630%	2,461,884	-146,865	2023-12-31
Northern Trust Corp	0.993%	-3.109%	2,209,951	-70,901	2023-12-31
Legal & General Group PLC	0.990%	16.882%	2,203,506	318,258	2023-12-31
NORGES BANK	0.965%	58.816%	2,154,054	797,731	2023-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	12.049%	-0.115%	26,814,175	-30,890	2023-12-31
OFI Invest Asset Management	10.375%	0.000%	23,209,699	23,209,699	2023-03-31
BlackRock Inc	9.001%	7.890%	20,031,238	1,464,872	2023-12-31
State Street Corporation	6.519%	-2.669%	14,505,888	-397,814	2023-12-31
Blackstone Inc	4.243%	60.380%	9,442,728	3,554,989	2023-12-31
Wellington Management Company LLP	3.396%	-9.166%	7,556,482	-762,542	2023-12-31
Goldman Sachs Group Inc	3.288%	95.563%	7,317,056	3,575,521	2023-12-31
Tortoise Midstream Energy Fund, Inc.	3.053%	-10.430%	6,793,909	-791,116	2023-12-31
Amvescap Plc.	3.031%	4.974%	6,745,418	319,607	2023-12-31
Deutsche Bank AG	2.399%	-4.294%	5,337,568	-239,459	2023-12-31
Geode Capital Management, LLC	2.228%	2.288%	4,959,049	110,934	2023-12-31
Morgan Stanley - Brokerage Accounts	1.675%	-1.704%	3,726,866	-64,586	2023-12-31
Neuberger Berman Group LLC	1.624%	-4.794%	3,613,560	-181,961	2023-12-31
Brookfield Asset Management Inc	1.323%	-7.588%	2,995,233	-245,950	2022-06-30
Kayne Anderson Capital Advisors LP	1.330%	-4.923%	2,960,266	-153,286	2023-12-31
FMR Inc	1.290%	18.111%	2,871,666	440,340	2023-12-31
Salient Capital Advisors, LLC	1.216%	1.925%	2,751,338	51,969	2022-09-30
Bank of New York Mellon Corp	1.187%	6.486%	2,687,870	163,707	2022-09-30
Zimmer Partners LP	1.161%	8.407%	2,582,900	200,300	2023-12-31
Jennison Associates LLC	1.117%	-0.079%	2,485,552	-1,955	2023-12-31
Chickasaw Capital Management, LLC	1.106%	-5.630%	2,461,884	-146,865	2023-12-31
Citadel Advisors Llc	1.065%	37.306%	2,369,550	643,805	2023-09-30
Brookfield Corp	1.054%	-0.717%	2,350,057	-16,965	2023-06-30
Westwood Holdings Group Inc	0.993%	-2.494%	2,214,298	-56,629	2023-06-30
Northern Trust Corp	0.993%	-3.109%	2,209,951	-70,901	2023-12-31
Legal & General Group PLC	0.990%	16.882%	2,203,506	318,258	2023-12-31
Mitsubishi UFJ Trust & Banking Corp	0.967%	-15.954%	2,156,968	-409,442	2023-09-30
NORGES BANK	0.965%	58.816%	2,154,054	797,731	2023-12-31
Dimensional Fund Advisors, Inc.	0.901%	-6.187%	2,039,813	-134,520	2022-09-30
Massachusetts Financial Services Company	0.908%	0.128%	2,024,255	2,595	2023-09-30

Mutual Fund Ownership

Schroders US High Yield Composite is the biggest individual fund holder of Targa Resources Inc (TRGP), owning a total of 8.7 million shares. Combined, the top 32 mutual fund holders of TRGP own 39.39% of the company with a total of 88 million shares.

In the latest ownership report on March 31st 2024, the top 32 fund holders increased their combined ownership of TRGP by 90 thousand shares. 1 funds bought 4,100 total additional shares and increased their ownership by an average of 0.38%. However 3 funds sold 94,208 total shares and decreased their ownership by an average of 1.07%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding Targa Resources decreased by a net total of -90,108 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Energy Select Sector SPDR® ETF	2.382%	-0.474%	5,301,406	-25,225	2024-03-31
SPDR® S&P 500 ETF Trust	1.208%	-0.770%	2,688,789	-20,856	2024-03-31
Tortoise Energy Infrastructure TR Ins	1.077%	-1.969%	2,396,649	-48,127	2024-03-31
State St S&P 500® Indx SL Cl III	0.487%	0.380%	1,083,206	4,100	2024-03-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Schroders US High Yield Composite	3.839%	0.000%	8,676,000	8,676,000	2022-09-30
Vanguard Instl Ttl Stck Mkt Idx Tr	3.145%	1.899%	7,011,369	130,683	2023-03-31
Vanguard Total Stock Mkt Idx Inv	3.145%	-0.235%	6,999,082	-16,471	2024-02-29
Vanguard Small Cap Index	2.585%	1.031%	5,752,817	58,725	2024-02-29
Vanguard Institutional 500 Index Trust	2.501%	1.046%	5,566,177	57,622	2024-02-29
Vanguard 500 Index Investor	2.433%	0.601%	5,443,412	32,499	2023-08-31
Energy Select Sector SPDR® ETF	2.382%	-0.474%	5,301,406	-25,225	2024-03-31
Vanguard Small Cap Growth Index Inv	1.449%	1.588%	3,224,796	50,417	2024-02-29
Tortoise MLP & Pipeline Instl	1.400%	-1.003%	3,169,437	-32,117	2022-12-31
SPDR® S&P 500 ETF Trust	1.208%	-0.770%	2,688,789	-20,856	2024-03-31
Fidelity 500 Index	1.202%	1.017%	2,674,251	26,909	2024-02-29
Fidelity® 500 Index	1.169%	0.640%	2,606,874	16,588	2023-11-30
Tortoise Energy Infrastructure TR Ins	1.077%	-1.969%	2,396,649	-48,127	2024-03-31
iShares Core S&P 500 ETF	1.039%	0.742%	2,311,601	17,024	2024-03-28
Vanguard Energy Inv	0.760%	-1.577%	1,690,869	-27,088	2023-12-31
MFS Mid Cap Value Equity	0.697%	-1.713%	1,550,145	-27,013	2023-12-31
MFS Mid Cap Value A	0.688%	-1.186%	1,531,764	-18,381	2024-02-29
PGIM Jennison Utility B	0.665%	0.000%	1,505,143	0	2022-10-31
Vanguard Institutional Index I	0.660%	-0.363%	1,468,896	-5,358	2024-02-29
Chickasaw MLP SMA	0.648%	-0.191%	1,467,831	-2,810	2022-09-30
Westwood Salient MLP & Engy Infras Inst	0.649%	-6.483%	1,467,097	-101,700	2022-10-31
Tortoise Midstream MLP Separate Accounts	0.654%	0.734%	1,457,593	10,618	2023-09-30
Tortoise Strategic Midsteam Composite	0.644%	3.157%	1,432,338	43,837	2023-12-31
Goldman Sachs MLP Energy Infras Instl	0.610%	-3.913%	1,381,250	-56,250	2022-12-31
Invesco SteelPath MLP Alpha Y	0.600%	15.493%	1,334,421	179,007	2023-12-31
DWS Invest Global Infras FC	0.550%	25.106%	1,225,903	246,011	2023-10-31
Hartford MidCap Y	0.519%	-2.714%	1,155,016	-32,223	2024-02-29
Center Coast Brookfield Midstream Foc I	0.513%	0.880%	1,144,817	9,981	2023-06-30
MainGate MLP I	0.494%	-6.383%	1,100,000	-75,000	2023-12-31
Vanguard Energy ETF	0.493%	-0.658%	1,097,980	-7,271	2024-02-29
State St S&P 500® Indx SL Cl III	0.487%	0.380%	1,083,206	4,100	2024-03-31
Invesco S&P 500® Equal Weight ETF	0.482%	0.595%	1,076,550	6,370	2024-02-29