Royal Bank of Canada’s Pembina Pipeline PBA Stock Holding History

Royal Bank of Canada’s Portfolio PBA Stock Details PBA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.73B	Sell	38,726,115 -3,534,654	-8%	-$150M	0.3%	60
2025 Q4	$1.61B	Sell	42,260,769 -13,505,473	-24%	-$519M	0.26%	67
2025 Q3	$2.26B	Buy	55,766,242 +1,104,719	+2%	+$41.7M	0.37%	47
2025 Q2	$2.05B	Buy	54,661,523 +13,456,789	+33%	+$508M	0.37%	50
2025 Q1	$1.65B	Sell	41,204,734 -2,768,718	-6%	-$104M	0.34%	60
2024 Q4	$1.62B	Buy	43,973,452 +947,130	+2%	+$38.6M	0.32%	60
2024 Q3	$1.77B	Sell	43,026,322 -4,675,956	-10%	-$183M	0.36%	54
2024 Q2	$1.77B	Buy	47,702,278 +1,285,445	+3%	+$46.5M	0.4%	52
2024 Q1	$1.64B	Sell	46,416,833 -1,069,862	-2%	-$36.9M	0.38%	53
2023 Q4	$1.63B	Sell	47,486,695 -857,265	-2%	-$27.5M	0.38%	55
2023 Q3	$1.45B	Buy	48,343,960 +3,377,166	+8%	+$104M	0.39%	51
2023 Q2	$1.41B	Buy	44,966,794 +1,971,022	+5%	+$62.9M	0.37%	58
2023 Q1	$1.39B	Buy	42,995,772 +2,982,921	+7%	+$101M	0.39%	55
2022 Q4	$1.36B	Sell	40,012,851 -702,203	-2%	-$23.5M	0.39%	56
2022 Q3	$1.24B	Buy	40,715,054 +2,961,948	+8%	+$106M	0.39%	53
2022 Q2	$1.33B	Buy	37,753,106 +625,396	+2%	+$24.1M	0.39%	51
2022 Q1	$1.4B	Buy	37,127,710 +1,222,455	+3%	+$41.3M	0.35%	57
2021 Q4	$1.09B	Buy	35,905,255 +309,862	+0.9%	+$9.87M	0.25%	87
2021 Q3	$1.13B	Sell	35,595,393 -117,724	-0.3%	-$3.71M	0.3%	72
2021 Q2	$1.13B	Sell	35,713,117 -480,743	-1%	-$15.1M	0.3%	69
2021 Q1	$1.04B	Sell	36,193,860 -37,921	-0.1%	-$1.05M	0.3%	71
2020 Q4	$857M	Sell	36,231,781 -6,594,848	-15%	-$155M	0.25%	90
2020 Q3	$909M	Sell	42,826,629 -706,483	-2%	-$17.4M	0.32%	72
2020 Q2	$1.09B	Buy	43,533,112 +1,369,750	+3%	+$31.7M	0.43%	45
2020 Q1	$793M	Buy	42,163,362 +4,953,628	+13%	+$163M	0.38%	56
2019 Q4	$1.38B	Sell	37,209,734 -1,015,351	-3%	-$36.3M	0.5%	37
2019 Q3	$1.42B	Sell	38,225,085 -10,299,910	-21%	-$382M	0.56%	32
2019 Q2	$1.81B	Buy	48,524,995 +9,348,557	+24%	+$340M	0.73%	24
2019 Q1	$1.44B	Sell	39,176,438 -1,903,820	-5%	-$67.4M	0.62%	27
2018 Q4	$1.22B	Buy	41,080,258 +4,057,289	+11%	+$135M	0.59%	27
2018 Q3	$1.27B	Buy	37,022,969 +2,041,739	+6%	+$70.9M	0.53%	30
2018 Q2	$1.21B	Buy	34,981,230 +6,183,126	+21%	+$207M	0.54%	30
2018 Q1	$899M	Sell	28,798,104 -2,119,925	-7%	-$70.2M	0.4%	40
2017 Q4	$1.12B	Buy	30,918,029 +3,411,940	+12%	+$118M	0.49%	30
2017 Q3	$965M	Sell	27,506,089 -220,850	-0.8%	-$7.37M	0.46%	32
2017 Q2	$918M	Sell	27,726,939 -138,147	-0.5%	-$4.47M	0.47%	35
2017 Q1	$884M	Sell	27,865,086 -3,177,977	-10%	-$101M	0.48%	33
2016 Q4	$972M	Sell	31,043,063 -56,732	-0.2%	-$1.71M	0.53%	28
2016 Q3	$947M	Buy	31,099,795 +535,628	+2%	+$16.1M	0.53%	28
2016 Q2	$927M	Sell	30,564,167 -2,897,288	-9%	-$84.6M	0.55%	27
2016 Q1	$903M	Sell	33,461,455 -1,350,843	-4%	-$31.5M	0.56%	30
2015 Q4	$758M	Buy	34,812,298 +10,789,912	+45%	+$259M	0.5%	30
2015 Q3	$577M	Buy	24,022,386 +742,055	+3%	+$20.8M	0.43%	38
2015 Q2	$752M	Buy	23,280,331 +576,365	+3%	+$19.3M	0.52%	31
2015 Q1	$719M	Buy	22,703,966 +7,082,191	+45%	+$228M	0.5%	33
2014 Q4	$569M	Buy	15,621,775 +7,022,644	+82%	+$266M	0.37%	42
2014 Q3	$362M	Buy	8,599,131 +97,347	+1%	+$4.29M	0.25%	62
2014 Q2	$366M	Sell	8,501,784 -2,371,860	-22%	-$95.1M	0.25%	62
2014 Q1	$414M	Buy	10,873,644 +1,100,268	+11%	+$38.9M	0.3%	52
2013 Q4	$344M	Buy	9,773,376 +581,019	+6%	+$19.1M	0.24%	60
2013 Q3	$305M	Buy	9,192,357 +292,458	+3%	+$9.19M	0.23%	62
2013 Q2	$273M	Buy	+8,899,899	New	+$284M	0.23%	62

Other funds holding PBA

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Scotia Capital Toronto, Ontario, Canada $24.3B AUM 29.21% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Royal Bank of Canada's PBA Position: Q1 2026 in Review

Royal Bank of Canada reduced its Pembina Pipeline (PBA) stake by 8.4% in Q1 2026, selling an estimated $150M and leaving 38,726,115 shares worth $1.73B. The position accounts for 0.3% of the portfolio, ranked #60.

Royal Bank of Canada first reported a position in PBA in Q2 2013 and has held it in 52 quarters since. The position peaked at $2.26B in Q3 2025. 429 funds tracked by Wall St. Rank hold PBA as of Q1 2026.

Royal Bank of Canada held 38,726,115 shares of Pembina Pipeline worth $1.73B as of Q1 2026.
Royal Bank of Canada sold 3,534,654 Pembina Pipeline shares in Q1 2026, an estimated $150M.
Pembina Pipeline made up 0.3% of Royal Bank of Canada's portfolio in Q1 2026, its #60 holding.
Royal Bank of Canada first reported a position in Pembina Pipeline in Q2 2013 and has held it in 52 quarters since.
Royal Bank of Canada's Pembina Pipeline position peaked at $2.26B in Q3 2025.
429 funds tracked by Wall St. Rank held Pembina Pipeline as of Q1 2026.

Based on Royal Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.