Plains All American Pipeline
506 hedge funds and large institutions have $11.3B invested in Plains All American Pipeline in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 210 increasing their positions, 105 reducing their positions, and 37 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 105
86% more call options, than puts
Call options by funds: $56M | Put options by funds: $30.1M
30% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 37
23% more funds holding in top 10
Funds holding in top 10: 40 → 49 (+9)
14% more capital invested
Capital invested by funds: $9.91B → $11.3B (+$1.38B)
1% more funds holding
Funds holding: 499 → 506 (+7)
1.13% more ownership
Funds ownership: 55.78% → 56.91% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$103M |
| 2 |
O
OppenheimerFunds
New York
|
+$58.9M |
| 3 |
ClearBridge Investments
New York
|
+$46.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$44.8M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$177M |
| 2 |
SC
Sculptor Capital
New York
|
-$59.8M |
| 3 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$33.9M |
| 4 |
Neuberger Berman Group
New York
|
-$22.5M |
| 5 |
Renaissance Technologies
New York
|
-$22.3M |
PAA Hedge Fund Activity: Q1 2014 in Review
506 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q1 2014, worth a combined $11.3B — up 14% from $9.91B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PAA positions and 37 closed out — a net gain of 11 holders — while 210 added to existing stakes and 105 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $103M. The largest seller was Invesco, cutting an estimated $177M.
- 506 institutional investors held Plains All American Pipeline (PAA) as of Q1 2014, up from 499 in Q4 2013.
- Funds reported $11.3B of Plains All American Pipeline stock for Q1 2014, up 14% quarter-over-quarter.
- 48 funds opened new Plains All American Pipeline positions in Q1 2014 and 37 closed out, a net change of +11 holders.
- The largest Plains All American Pipeline buyer in Q1 2014 was Tortoise Capital Advisors, an estimated $103M added.
- The largest Plains All American Pipeline seller in Q1 2014 was Invesco, an estimated $177M sold.
Based on aggregated 13F filings for Q1 2014.