Plains All American Pipeline
325 hedge funds and large institutions have $4.05B invested in Plains All American Pipeline in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 89 increasing their positions, 98 reducing their positions, and 26 closing their positions.
85% more call options, than puts
Call options by funds: $123M | Put options by funds: $66.7M
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
0.64% less ownership
Funds ownership: 41.81% → 41.16% (-0.64%)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
9% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 98
2% less funds holding
Funds holding: 331 → 325 (-6)
6% less capital invested
Capital invested by funds: $4.33B → $4.05B (-$278M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$80.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$24.1M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$13.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$55.6M |
| 2 |
Barclays
London,
United Kingdom
|
-$23M |
| 3 |
Morgan Stanley
New York
|
-$22.4M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$21.6M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$18.5M |
PAA Hedge Fund Activity: Q2 2023 in Review
325 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q2 2023, worth a combined $4.05B — down 6.4% from $4.33B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PAA and 24 opened new positions — a net loss of 2 holders — while 98 trimmed existing stakes and 89 added.
The largest buyer was Blackstone Inc, adding an estimated $80.9M. The largest seller was ALPS Advisors, cutting an estimated $55.6M.
- 325 institutional investors held Plains All American Pipeline (PAA) as of Q2 2023, down from 331 in Q1 2023.
- Funds reported $4.05B of Plains All American Pipeline stock for Q2 2023, down 6.4% quarter-over-quarter.
- 24 funds opened new Plains All American Pipeline positions in Q2 2023 and 26 closed out, a net change of -2 holders.
- The largest Plains All American Pipeline buyer in Q2 2023 was Blackstone Inc, an estimated $80.9M added.
- The largest Plains All American Pipeline seller in Q2 2023 was ALPS Advisors, an estimated $55.6M sold.
Based on aggregated 13F filings for Q2 2023.