Targa Resources Ownership | Who Owns Targa Resources?

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Targa Resources Ownership Summary

Targa Resources is owned by 88.58% institutional investors, 1.44% insiders, and 9.98% retail investors. Vanguard group is the largest institutional shareholder, holding 12.07% of TRGP shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 3.18% of its assets in Targa Resources shares.

TRGP Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Targa Resources	88.58%	1.44%	9.98%
Sector	Energy Stocks	59.12%	12.79%	28.09%
Industry	Oil & Gas Midstream Stocks	52.69%	18.10%	29.21%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	26.90M	12.07%	$3.46B
Blackrock	20.64M	9.26%	$2.66B
State street	14.64M	6.57%	$1.89B
Wellington management group llp	14.47M	6.50%	$1.86B
Blackstone	7.69M	3.45%	$989.70M
Tortoise capital advisors	6.25M	2.81%	$805.36M
Geode capital management	5.62M	2.52%	$721.98M
Invesco	5.45M	2.44%	$701.43M
Deutsche bank ag\	4.04M	1.81%	$520.52M
Morgan stanley	3.45M	1.55%	$443.93M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Tortoise capital advisors	6.25M	10.65%	$805.36M
Cushing asset management, lp	843.34K	8.61%	$108.61M
Kayne anderson capital advisors lp	2.48M	8.60%	$320.00M
Sl advisors	22.87K	5.82%	$2.95M
Merewether investment management, lp	747.69K	5.08%	$96.29M
Recurrent investment advisors	363.46K	4.93%	$46.81M
Eagle global advisors	681.08K	4.63%	$87.71M
Elco management	61.31K	4.60%	$7.90M
Zimmer partners, lp	1.78M	4.22%	$229.00M
Blackstone	7.69M	4.14%	$989.70M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	2.33M	0.04%	2.33M
Price t rowe associates inc /md/	3.06M	0.05%	1.32M
State street	14.64M	0.08%	796.95K
Mirae asset global etfs	621.12K	0.19%	621.12K
Zurich insurance group ltd/fi	561.77K	0.63%	561.77K

Top Sellers

Holder	Shares	% Assets	Change
Blackstone	7.69M	4.14%	-2.01M
Deutsche bank ag\	4.04M	0.23%	-1.11M
Invesco	5.45M	0.15%	-787.75K
Clearbridge investments	798.08K	0.08%	-736.74K
Mirae asset global investments	17.54K	0.01%	-595.19K

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	2.33M	0.04%	2.33M	$300.38M
Mirae asset global etfs	621.12K	0.19%	621.12K	$79.99M
Zurich insurance group ltd/fi	561.77K	0.63%	561.77K	$72.34M
Susquehanna fundamental investments	75.68K	0.22%	75.68K	$9.75M
Corebridge financial	61.17K	0.04%	61.17K	$7.88M

Sold Out

Holder	Change
Harbor investment advisory	-1.00
Financial synergies wealth advisors	-4.00
Tfo-tdc	-7.00
Innealta capital	-13.00
Gradient investments	-16.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Sep 30, 2024	845	9.60%	194,000,945	-2.88%	88	1.08%	441	19.84%	267	0.75%
Jun 30, 2024	764	5.96%	197,405,127	-2.09%	88	1.08%	364	13.40%	263	-0.38%
Mar 31, 2024	721	5.56%	201,617,686	-1.74%	90	1.08%	321	-1.53%	264	19.46%
Dec 31, 2023	683	3.80%	205,197,963	1.56%	91	1.14%	326	16.85%	221	-9.80%
Sep 30, 2023	658	4.94%	202,052,652	-0.51%	89	1.11%	279	-7.62%	245	17.79%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard Total Stock Mkt Idx Inv	6.93M	3.18%	-25.76K
Vanguard Institutional 500 Index Trust	5.81M	2.66%	66.61K
The Energy Select Sector SPDR® ETF	5.66M	2.60%	-13.97K
Vanguard Wellington™ Inv	2.90M	1.32%	1.67M
Vanguard Small Cap Index	2.75M	1.26%	5.38K
SPDR® S&P 500® ETF Trust	2.69M	1.24%	-14.96K
Fidelity 500 Index	2.69M	1.23%	-38.35K
iShares Core S&P 500 ETF	2.47M	1.13%	7.67K
Vanguard Equity-Income Inv	2.43M	1.11%	-335.74K
Vanguard Mid Cap Index Institutional	2.32M	1.07%	4.24K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Dec 02, 2024	Muraro Robert	Chief Commercial Officer	Sell	$20.36K
Dec 02, 2024	Muraro Robert	Chief Commercial Officer	Sell	$159.25K
Dec 02, 2024	Muraro Robert	Chief Commercial Officer	Sell	$326.13K
Nov 15, 2024	Boushka Julie H.	Senior VP and CAO	Sell	$19.14K
Nov 15, 2024	Boushka Julie H.	Senior VP and CAO	Sell	$116.33K

Insider Transactions Trends

Date	Buy	Sell
2024 Q4	-	10
2024 Q3	-	17
2024 Q2	-	13
2024 Q1	-	11
2023 Q4	-	4

TRGP Ownership FAQ

Who Owns Targa Resources?

Targa Resources shareholders are primarily institutional investors at 88.58%, followed by 1.44% insiders and 9.98% retail investors. The average institutional ownership in Targa Resources's industry, Oil & Gas Midstream Stocks , is 52.69%, which Targa Resources exceeds.

Who owns the most shares of Targa Resources?

Targa Resources’s largest shareholders are Vanguard group (26.9M shares, 12.07%), Blackrock (20.64M shares, 9.26%), and State street (14.64M shares, 6.57%). Together, they hold 27.91% of Targa Resources’s total shares outstanding.

Does Blackrock own Targa Resources?

Yes, BlackRock owns 9.26% of Targa Resources, totaling 20.64M shares as of Jun 2024. This represents 0.06% of BlackRock's total assets, with a market value of 2.66B$. In the last quarter, BlackRock increased its holdings by 316.72K shares, a 1.56% change.

Who is Targa Resources’s biggest shareholder by percentage of total assets invested?

Tortoise capital advisors is Targa Resources’s biggest shareholder by percentage of total assets invested, with 10.65% of its assets in 6.25M Targa Resources shares, valued at 805.36M$.

Who is the top mutual fund holder of Targa Resources shares?

Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of Targa Resources shares, with 3.18% of its total shares outstanding invested in 6.93M Targa Resources shares.

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