Who Owns Targa Resources Stock?
NYSE: TRGPUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 97.44%
- Held by insiders
- 1.38%
- Institutional holders
- 1,489
- Institutions 97.4%
- Insiders 1.4%
- Public and other 1.2%
Who owns Targa Resources stock?
Institutional investors own about 97.4% of Targa Resources's shares, spread across 1,489 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 1.38% of TRGP.
The largest institutional holders are Blackrock Inc. (9.72%), State Street Corporation (6.63%) and Wellington Management Group, LLP (6.61%). Together, the top 10 institutions control 46.8% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their TRGP positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of TRGP
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 20.83M | 9.72% | +1.4% |
| State Street Corporation | 14.23M | 6.63% | +4.6% |
| Wellington Management Group, LLP | 14.18M | 6.61% | -5.8% |
| Vanguard Capital Management LLC | 14.02M | 6.54% | +0.5% |
| Vanguard Portfolio Management LLC | 11.70M | 5.46% | -1.3% |
| Harris Associates L.P. | 7.94M | 3.70% | -9.0% |
| Geode Capital Management, LLC | 6.08M | 2.84% | +1.3% |
| NORGES BANK | 4.22M | 1.97% | +5.7% |
| Blackstone Inc | 3.60M | 1.68% | +7.8% |
| Morgan Stanley | 3.56M | 1.66% | +10.6% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of TRGP
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 6.81M | 3.18% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 5.56M | 2.59% |
| SELECT SECTOR SPDR TRUST-State Street Energy Select Sector SPDR ETF | 5.19M | 2.42% |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund | 4.65M | 2.17% |
| VANGUARD WELLINGTON FUND | 4.02M | 1.88% |
| HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark Fund | 2.88M | 1.34% |
| iShares Trust-iShares Core S&P 500 ETF | 2.86M | 1.33% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 2.79M | 1.30% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 2.63M | 1.23% |
| VANGUARD INDEX FUNDS-Vanguard Growth Index Fund | 2.49M | 1.16% |
Frequently asked questions
Who is the largest shareholder of Targa Resources?
Blackrock Inc. is the largest institutional shareholder of TRGP, owning 9.72% of shares outstanding (20.83M shares) as of its latest 13F filing.
What percentage of Targa Resources is owned by institutions?
Institutions own about 97.4% of TRGP shares and 98.8% of the public float.
How much of Targa Resources do insiders own?
Insiders, such as officers and directors, own about 1.38% of TRGP shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.