Founders Capital Loads Up on Midstream Stock With $3.4 Million Buy, According to Recent SEC Filing

1 month ago 16

Jake Lerch, The Motley Fool

Wed, April 22, 2026 astatine 10:23 AM CDT 4 min read

On April 21, 2026, Founders Capital Management disclosed a first-quarter bargain of 157,091 shares of Plains GP Holdings (NASDAQ:PAGP), an estimated $3.43 cardinal commercialized based connected the quarterly mean price.

According to a filing with the Securities and Exchange Commission dated April 21, 2026, Founders Capital Management bought an further 157,091 shares of Plains GP Holdings during the archetypal quarter. The estimated transaction worth was $3.43 cardinal based connected the quarterly mean price. At quarter-end, the fund’s presumption accrued by $4.32 million, reflecting some purchases and terms movements.

The money accrued its presumption successful Plains GP Holdings, bringing the involvement to 3.03% of the full 13F reportable assets nether management.

Top 5 holdings aft the filing:

NASDAQ: QQQ: $16.11 cardinal (7.9% of AUM)
NYSE: GLW: $14.49 cardinal (7.1% of AUM)
NASDAQ: MSFT: $12.02 cardinal (5.9% of AUM)
NYSE: JNJ: $11.32 cardinal (5.5% of AUM)
NYSE: XOM: $10.01 cardinal (4.9% of AUM)

As of April 20, 2026, shares of Plains GP Holdings were priced astatine $22.69, up 33.5% implicit the past year, underperforming the S&P 500 by 4.5 percent points.

Metric

Value

Revenue (TTM)	$44.80 billion
Net income (TTM)	$1.439 billion
Price (as of marketplace adjacent April 20, 2026)	$22.69

Provides transportation, storage, and logistics services for crude lipid and earthy state liquids (NGLs) done pipelines, gathering systems, trucks, and retention terminals.
Generates gross chiefly from fee-based transportation, storage, and processing services, leveraging a ample plus basal crossed the United States and Canada.
Serves producers, refiners, and different vigor marketplace participants seeking reliable midstream infrastructure solutions.

Plains GP Holdings is simply a starring midstream vigor institution with a important footprint successful North American crude lipid and NGL infrastructure. The institution operates an extended web of pipelines, retention facilities, and processing plants, enabling businesslike question and retention of vigor commodities. Strategic plus positioning and a fee-based exemplary underpin Plains GP Holdings' competitory vantage successful serving the evolving needs of vigor producers and refiners.

Founders Capital, an autarkic wealth absorption steadfast based successful Houston, Texas, precocious bought astir $3.4 cardinal worthy of Plains GP Holdings (PAGP) banal during the archetypal 4th of 2026 (the 3 months ending connected March 31, 2026). Here are immoderate cardinal takeaways for investors.

First, PAGP is an vigor stock. Specifically, the institution operates pipelines and serves arsenic a midstream operator, providing transportation, storage, and different logistics for petroleum products. With the caller emergence successful vigor prices, PAGP banal has performed well. Shares are adjacent their 52-week precocious of $24.76.

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