Cliff Asness's TRGP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 97,591 shares of Targa Resources Corp. (TRGP) worth $18.01 M, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 43 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in TRGP, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2020, adding 635,221 shares. Largest reduction occurred in Q1 2016, reducing 512,427 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Targa Resources (TRGP) Holding Value Over Time
Track share changes against reported price movement
Quarterly Targa Resources (TRGP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -53,407 | Reduce 35.37% | 97,591 | $184.50 |
| Q3 2025 | -100,010 | Reduce 39.84% | 150,998 | $167.54 |
| Q2 2025 | -327,394 | Reduce 56.60% | 251,008 | $174.08 |
| Q1 2025 | +221,484 | Add 62.05% | 578,402 | $197.56 |
| Q4 2024 | +92,941 | Add 35.21% | 356,918 | $178.50 |
| Q3 2024 | -8,772 | Reduce 3.22% | 263,977 | $145.96 |
| Q2 2024 | +105,842 | Add 63.41% | 272,749 | $128.69 |
| Q1 2024 | +58,098 | Add 53.39% | 166,907 | $111.73 |
| Q4 2023 | +1,527 | Add 1.42% | 108,809 | $86.40 |
| Q3 2023 | -39,998 | Reduce 27.16% | 107,282 | $85.72 |
| Q2 2023 | +48,903 | Add 49.71% | 147,280 | $75.64 |
| Q1 2023 | -81,729 | Reduce 45.38% | 98,377 | $72.37 |
| Q4 2022 | -101,269 | Reduce 35.99% | 180,106 | $73.48 |
| Q3 2022 | +43,359 | Add 18.22% | 281,375 | $60.34 |
| Q2 2022 | -76,756 | Reduce 24.38% | 238,016 | $59.64 |
| Q1 2022 | +15,608 | Add 5.22% | 314,772 | $75.47 |
| Q4 2021 | -25,379 | Reduce 7.82% | 299,164 | $51.72 |
| Q3 2021 | +69,672 | Add 27.34% | 324,543 | $49.21 |
| Q2 2021 | -127,055 | Reduce 33.27% | 254,871 | $44.45 |
| Q1 2021 | +193,004 | Add 102.16% | 381,926 | $31.66 |
| Q4 2020 | +134,557 | Add 247.51% | 188,922 | $25.93 |
| Q3 2020 | -108,030 | Reduce 66.52% | 54,365 | $14.03 |
| Q2 2020 | -472,826 | Reduce 74.43% | 162,395 | $18.89 |
| Q1 2020 | +635,221 | New Buy | 635,221 | $6.52 |
| Q1 2018 | -10,753 | Sold Out | 0 | $0.00 |
| Q4 2017 | -91,366 | Reduce 89.47% | 10,753 | $48.45 |
| Q3 2017 | -63,349 | Reduce 38.28% | 102,119 | $47.30 |
| Q2 2017 | +127,626 | Add 337.26% | 165,468 | $45.20 |
| Q1 2017 | +13,490 | Add 55.40% | 37,842 | $59.91 |
| Q4 2016 | +13,829 | Add 131.42% | 24,352 | $56.05 |
| Q3 2016 | +10,523 | New Buy | 10,523 | $49.13 |
| Q1 2016 | -512,427 | Sold Out | 0 | $0.00 |
| Q4 2015 | +502,353 | Add 4986.63% | 512,427 | $27.06 |
| Q3 2015 | -2,400 | Reduce 19.24% | 10,074 | $51.52 |
| Q2 2015 | -2,924 | Reduce 18.99% | 12,474 | $89.23 |
| Q1 2015 | -17,700 | Reduce 53.48% | 15,398 | $95.79 |
| Q4 2014 | +1,700 | Add 5.41% | 33,098 | $106.05 |
| Q3 2014 | -28,000 | Reduce 47.14% | 31,398 | $136.16 |
| Q2 2014 | +41,300 | Add 228.20% | 59,398 | $139.57 |
| Q1 2014 | +300 | Add 1.69% | 18,098 | $99.24 |
| Q4 2013 | -715 | Reduce 3.86% | 17,798 | $88.16 |
| Q3 2013 | -3,400 | Reduce 15.52% | 18,513 | $72.98 |
| Q2 2013 | +21,913 | Add 0.00% | 21,913 | $64.35 |
Cliff Asness's Targa Resources Investment FAQs
Cliff Asness first purchased Targa Resources Corp. (TRGP) in Q2 2013, acquiring 21,913 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Targa Resources Corp. (TRGP) for 43 quarters since Q2 2013.
Cliff Asness's largest addition to Targa Resources Corp. (TRGP) was in Q1 2020, adding 635,221 shares worth $4.14 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 97,591 shares of Targa Resources Corp. (TRGP), valued at approximately $18.01 M.
As of the Q4 2025 filing, Targa Resources Corp. (TRGP) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Targa Resources Corp. (TRGP) was 635,221 shares, as reported at the end of Q1 2020.