Plains GP Holdings, L.P. (PAGP) reported unaudited pro forma combined revenue of $44.464 billion for the year ended December 31, 2025, reflecting its acquisition of EPIC Crude Holdings and EPIC Crude Holdings GP.
Pro forma net income attributable to PAGP from continuing operations was $135 million, or $0.68 per Class A share on both a basic and diluted basis.
- PAGP completed the purchase of a 55% interest in EPIC Crude Holdings on October 31, 2025.
- The company completed the purchase of the remaining 45% interest on November 1, 2025.
- PAA now indirectly owns 100% of EPIC Crude Holdings and operates the Cactus III Pipeline.
- Pro forma operating income totaled $1.518 billion, while income from continuing operations net of tax was $1.231 billion.
- The pro forma statement assumes the transaction occurred on January 1, 2025 and excludes anticipated synergies, integration costs and cost savings.
$PAGP Hedge Fund Activity
We have seen 153 institutional investors add shares of $PAGP stock to their portfolio, and 165 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 2,881,129 shares (+12208.2%) to their portfolio in Q2 2026, for an estimated $69,925,000
- ARTEMIS INVESTMENT MANAGEMENT LLP removed 1,435,899 shares (-21.4%) from their portfolio in Q2 2026, for an estimated $34,849,268
- PATHSTONE HOLDINGS, LLC added 1,220,812 shares (+436.8%) to their portfolio in Q2 2026, for an estimated $29,629,107
- JPMORGAN CHASE & CO added 1,132,344 shares (+inf%) to their portfolio in Q2 2026, for an estimated $27,481,988
- TORTOISE CAPITAL ADVISORS, L.L.C. removed 682,302 shares (-5.8%) from their portfolio in Q2 2026, for an estimated $16,559,469
- YAUPON CAPITAL MANAGEMENT LP added 576,717 shares (+74.1%) to their portfolio in Q2 2026, for an estimated $13,996,921
- MORGAN STANLEY removed 575,971 shares (-14.2%) from their portfolio in Q2 2026, for an estimated $13,978,816
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
