Plains All American Pipeline
340 hedge funds and large institutions have $1.99B invested in Plains All American Pipeline in 2020 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 95 increasing their positions, 118 reducing their positions, and 28 closing their positions.
14% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 28
1% more funds holding
Funds holding: 337 → 340 (+3)
1.16% less ownership
Funds ownership: 46.87% → 45.71% (-1.2%)
19% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 118
34% less capital invested
Capital invested by funds: $3.01B → $1.99B (-$1.02B)
35% less call options, than puts
Call options by funds: $8.27M | Put options by funds: $12.7M
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$41.9M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$24.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$14M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.7M |
| 5 |
Morgan Stanley
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$28.9M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$23.9M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$18.5M |
| 4 |
ZP
Zimmer Partners
New York
|
-$16.6M |
| 5 |
Goldman Sachs
New York
|
-$14.8M |
PAA Hedge Fund Activity: Q3 2020 in Review
340 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q3 2020, worth a combined $1.99B — down 34% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PAA positions and 28 closed out — a net gain of 4 holders — while 95 added to existing stakes and 118 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $41.9M. The largest seller was Credit Suisse, cutting an estimated $28.9M.
- 340 institutional investors held Plains All American Pipeline (PAA) as of Q3 2020, up from 337 in Q2 2020.
- Funds reported $1.99B of Plains All American Pipeline stock for Q3 2020, down 34% quarter-over-quarter.
- 32 funds opened new Plains All American Pipeline positions in Q3 2020 and 28 closed out, a net change of +4 holders.
- The largest Plains All American Pipeline buyer in Q3 2020 was ALPS Advisors, an estimated $41.9M added.
- The largest Plains All American Pipeline seller in Q3 2020 was Credit Suisse, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2020.