Cliff Asness's TRGP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 150,998 shares of Targa Resources Corp. (TRGP) worth $25.3 M, representing 0.02% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 42 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 |
|---|---|---|---|---|
| Q2 2013 | +21,914 | Add 0.00% | 21,913 | $64.35 |
| Q3 2013 | -3,400 | Reduce 15.52% | 18,513 | $72.98 |
| Q4 2013 | -715 | Reduce 3.86% | 17,798 | $88.16 |
| Q1 2014 | +300 | Add 1.69% | 18,098 | $99.24 |
| Q2 2014 | +41,300 | Add 228.20% | 59,398 | $139.57 |
| Q3 2014 | -28,000 | Reduce 47.14% | 31,398 | $136.16 |
| Q4 2014 | +1,700 | Add 5.41% | 33,098 | $106.05 |
| Q1 2015 | -17,700 | Reduce 53.48% | 15,398 | $95.79 |
| Q2 2015 | -2,924 | Reduce 18.99% | 12,474 | $89.23 |
| Q3 2015 | -2,400 | Reduce 19.24% | 10,074 | $51.52 |
| Q4 2015 | +502,353 | Add 4986.63% | 512,427 | $27.06 |
| Q1 2016 | -512,427 | Sold Out | 0 | $0.00 |
| Q3 2016 | +10,523 | New Buy | 10,523 | $49.13 |
| Q4 2016 | +13,829 | Add 131.42% | 24,352 | $56.05 |
| Q1 2017 | +13,490 | Add 55.40% | 37,842 | $59.91 |
| Q2 2017 | +127,626 | Add 337.26% | 165,468 | $45.20 |
| Q3 2017 | -63,349 | Reduce 38.28% | 102,119 | $47.30 |
| Q4 2017 | -91,366 | Reduce 89.47% | 10,753 | $48.45 |
| Q1 2018 | -10,753 | Sold Out | 0 | $0.00 |
| Q1 2020 | +635,221 | New Buy | 635,221 | $6.52 |
| Q2 2020 | -472,826 | Reduce 74.43% | 162,395 | $18.89 |
| Q3 2020 | -108,030 | Reduce 66.52% | 54,365 | $14.03 |
| Q4 2020 | +134,557 | Add 247.51% | 188,922 | $25.93 |
| Q1 2021 | +193,004 | Add 102.16% | 381,926 | $31.66 |
| Q2 2021 | -127,055 | Reduce 33.27% | 254,871 | $44.45 |
| Q3 2021 | +69,672 | Add 27.34% | 324,543 | $49.21 |
| Q4 2021 | -25,379 | Reduce 7.82% | 299,164 | $51.72 |
| Q1 2022 | +15,608 | Add 5.22% | 314,772 | $75.47 |
| Q2 2022 | -76,756 | Reduce 24.38% | 238,016 | $59.64 |
| Q3 2022 | +43,359 | Add 18.22% | 281,375 | $60.34 |
| Q4 2022 | -101,269 | Reduce 35.99% | 180,106 | $73.48 |
| Q1 2023 | -81,729 | Reduce 45.38% | 98,377 | $72.37 |
| Q2 2023 | +48,903 | Add 49.71% | 147,280 | $75.64 |
| Q3 2023 | -39,998 | Reduce 27.16% | 107,282 | $85.72 |
| Q4 2023 | +1,527 | Add 1.42% | 108,809 | $86.40 |
| Q1 2024 | +58,098 | Add 53.39% | 166,907 | $111.73 |
| Q2 2024 | +105,842 | Add 63.41% | 272,749 | $128.69 |
| Q3 2024 | -8,772 | Reduce 3.22% | 263,977 | $145.96 |
| Q4 2024 | +92,941 | Add 35.21% | 356,918 | $178.50 |
| Q1 2025 | +221,484 | Add 62.05% | 578,402 | $197.56 |
| Q2 2025 | -327,394 | Reduce 56.60% | 251,008 | $174.08 |
| Q3 2025 | -100,010 | Reduce 39.84% | 150,998 | $167.54 |
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 42 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 Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 150,998 shares of Targa Resources Corp. (TRGP), valued at approximately $25.3 M.
As of the Q3 2025 filing, Targa Resources Corp. (TRGP) represents approximately 0.02% 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.