Targa Resources Corp.
MX ˙ BMV ˙ US87612G1013
SecurityMX:TRGP / Targa Resources Corp.
InstitutionCIBC Private Wealth Group, LLC
Latest Disclosed Ownership687,247 shares
Latest Disclosed Value $ 126,797,140
CIBC Private Wealth Group, LLC reports 31.78% decrease in ownership of TRGP / Targa Resources Corp.

On February 12, 2026 - CIBC Private Wealth Group, LLC filed a 13F-HR form disclosing ownership of 687,247 shares of Targa Resources Corp. (MX:TRGP) valued at $126,797,140 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 24, 2025 disclosing 1,007,421 shares of Targa Resources Corp.. This represents a change in shares of -31.78% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-12 2025-12-31 13F TARGA RES COM 87612G101 687,247 -320,174 -31.78 126,797 -24.88 0.2143
2025-11-24 2025-09-30 13F TARGA RES COM 87612G101 1,007,421 37,065 3.82 168,783 -0.08 0.2890
2025-08-12 2025-06-30 13F TARGA RES COM 87612G101 970,356 105,011 12.14 168,920 21.57 0.3017
2025-05-14 2025-03-31 13F TARGA RES COM 87612G101 865,345 -9,844 -1.12 138,948 -17.30 0.2934
2025-02-12 2024-12-31 13F Targa Resources COM 87612G101 875,189 30,904 3.66 168,019 34.46 0.3046
2024-11-13 2024-09-30 13F Targa Resources COM 87612G101 844,285 22,761 2.77 124,963 14.76 0.2239
2024-08-09 2024-06-30 13F Targa Resources COM 87612G101 821,524 -103,983 -11.24 108,893 4.84 0.2042
2024-05-10 2024-03-31 13F Targa Resources COM 87612G101 925,507 -232,971 -20.11 103,870 3.21 0.2035
2024-02-13 2023-12-31 13F TARGA RES CORP COM COM 87612G101 1,158,478 -32,975 -2.77 100,637 -1.46 0.2131
2023-11-13 2023-09-30 13F TARGA RES CORP COM COM 87612G101 1,191,453 -102,849 -7.95 102,131 3.69 0.2417
2023-11-21 2023-06-30 13F/A-1 TARGA RES CORP COM COM 87612G101 1,294,302 -1,792 -0.14 98,496 -2.95 0.2153
2023-08-10 2023-06-30 13F TARGA RES CORP COM COM 87612G101 1,294,302 -1,792 98,496 0.2154
2023-11-21 2023-03-31 13F/A-1 TARGA RES CORP COM COM 87612G101 1,296,094 10,910 0.85 101,495 8.49 0.2247
2023-05-12 2023-03-31 13F TARGA RES CORP COM COM 87612G101 1,296,094 10,910 101,495 0.2206
2023-06-01 2022-12-31 13F/A-2 TARGA RES CORP COM COM 87612G101 1,285,184 -108,314 -7.77 93,552 11.26 0.3142
2023-02-14 2022-12-31 13F/A-1 TARGA RES CORP COM COM 87612G101 1,285,184 -108,314 94,461 0.1978
2023-02-13 2022-12-31 13F TARGA RES CORP COM COM 87612G101 1,285,184 -108,314 10,856 0.0000
2022-11-15 2022-09-30 13F TARGA RES CORP COM COM 87612G101 1,393,498 14,525 1.05 84,083 2.19 0.2265
2022-08-03 2022-06-30 13F TARGA RES COM 87612G101 1,378,973 -326,047 -19.12 82,284 -36.05 0.2137
2022-05-16 2022-03-31 13F TARGA RES COM 87612G101 1,705,020 311,013 22.31 128,677 76.70 0.2809
2022-04-04 2021-12-31 13F/A-1 TARGA RES COM 87612G101 1,394,007 64,842 4.88 72,822 11.34 0.1510
2022-02-08 2021-12-31 13F TARGA RES COM 87612G101 1,394,007 64,842 72,822 0.1510
2021-11-12 2021-09-30 13F TARGA RES COM 87612G101 1,329,165 -331,542 -19.96 65,408 -11.39 0.1522
2021-08-16 2021-06-30 13F TARGA RES COM 87612G101 1,660,707 -127,662 -7.14 73,818 30.01 0.1696
2021-05-12 2021-03-31 13F TARGA RES COM 87612G101 1,788,369 247,905 16.09 56,780 39.72 0.1430
2021-02-12 2020-12-31 13F TARGA RES COM 87612G101 1,540,464 -132,173 -7.90 40,637 73.15 0.1074
2020-11-03 2020-09-30 13F/A-1 TARGA RES COM 87612G101 1,672,637 200,282 13.60 23,469 -20.58 0.0719
2020-08-13 2020-06-30 13F TARGA RES CORP COM Com 87612G101 1,472,355 -119,012 -7.48 29,549 168.72 0.1436
2020-05-15 2020-03-31 13F TARGA RES COM 87612G101 1,591,367 -1,438,065 -47.47 10,996 -91.11 0.0472
2020-01-30 2019-12-31 13F TARGA RES COM 87612G101 3,029,432 -276,936 -8.38 123,692 -6.87 0.4035
2019-10-16 2019-09-30 13F TARGA RES COM 87612G101 3,306,368 -146,697 -4.25 132,817 -2.03 0.4672
2019-07-31 2019-06-30 13F TARGA RES COM 87612G101 3,453,065 -344,045 -9.06 135,567 -14.07 0.4757
2019-05-10 2019-03-31 13F TARGA RES COM 87612G101 3,797,110 1,338,009 54.41 157,770 78.11 0.6086
2019-02-05 2018-12-31 13F TARGA RES COM 87612G101 2,459,101 567,278 29.99 88,579 -16.85 0.3949
2018-11-14 2018-09-30 13F TARGA RES COM 87612G101 1,891,823 2,985 0.16 106,528 13.96 0.4039
2018-08-02 2018-06-30 13F TARGA RES COM 87612G101 1,888,838 -264,841 -12.30 93,479 -1.35 0.3812
2018-05-17 2018-03-31 13F TARGA RES COM 87612G101 2,153,679 -67,948 -3.06 94,762 -11.91 0.4119
2018-02-12 2017-12-31 13F TARGA RES COM 87612G101 2,221,627 -389,824 -14.93 107,571 -12.91 0.4562
2017-12-21 2017-09-30 13F/A-1 TARGA RES CORP COM COM 87612G101 2,611,451 99,553 3.96 123,522 8.79 0.5630
2017-11-14 2017-09-30 13F TARGA RES CORP COM COM 87612G101 2,611,451 99,553 123,522
2017-08-09 2017-06-30 13F TARGA RES CORP COM Com 87612G101 2,511,898 464,479 22.69 113,538 -7.42 0.7129
2017-05-10 2017-03-31 13F TARGA RES CORP COM Com 87612G101 2,047,419 605,237 41.97 122,640 51.66 0.7704
2017-02-13 2016-12-31 13F TARGA RES CORP COM Com 87612G101 1,442,182 281,821 24.29 80,864 41.91 0.5346
2016-11-09 2016-09-30 13F TARGA RES CORP COM Com 87612G101 1,160,361 -25,750 -2.17 56,984 14.01 0.3952
2016-08-11 2016-06-30 13F TARGA RES CORP COM Com 87612G101 1,186,111 204,360 20.82 49,982 70.50 0.3649
2016-05-11 2016-03-31 13F TARGA RES CORP COM Com 87612G101 981,751 136,864 16.20 29,315 28.23 0.2265
2016-02-10 2015-12-31 13F TARGA RES CORP COM Com 87612G101 844,887 -1,132,275 -57.27 22,862 -77.56 0.1789
2015-11-12 2015-09-30 13F TARGA RES CORP COM Com 87612G101 1,977,162 668,565 51.09 101,863 -12.75 0.8381
2015-08-13 2015-06-30 13F TARGA RES CORP COM Com 87612G101 1,308,597 343,094 35.54 116,753 26.24 0.8497
2015-05-11 2015-03-31 13F TARGA RES CORP COM Com 87612G101 965,503 331,578 52.31 92,485 37.57 0.6832
2015-02-12 2014-12-31 13F TARGA RES CORP COM Com 87612G101 633,925 289,765 84.19 67,228 43.45 0.5146
2014-11-12 2014-09-30 13F TARGA RES CORP COM Com 87612G101 344,160 -11,586 -3.26 46,864 -5.61 0.3686
2014-08-13 2014-06-30 13F TARGA RES CORP COM Com 87612G101 355,746 -25,050 -6.58 49,651 24.85 0.4029
2014-05-14 2014-03-31 13F TARGA RES CORP COM COM 87612G101 380,796 380,796 39,770 0.3381
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.