Plains All American Pipeline
368 hedge funds and large institutions have $1.86B invested in Plains All American Pipeline in 2020 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 94 increasing their positions, 137 reducing their positions, and 65 closing their positions.
3% less funds holding
Funds holding: 381 → 368 (-13)
3.5% less ownership
Funds ownership: 51.73% → 48.23% (-3.5%)
11% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 65
31% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 137
33% less call options, than puts
Call options by funds: $8.82M | Put options by funds: $13.1M
50% less funds holding in top 10
Funds holding in top 10: 18 → 9 (-9)
75% less capital invested
Capital invested by funds: $7.57B → $1.86B (-$5.72B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$91.4M |
| 2 |
JP Morgan Chase
New York
|
+$69.1M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$41.2M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$39.8M |
| 5 |
Citigroup
New York
|
+$37.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$240M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$56.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$52.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$47.9M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$46.5M |
PAA Hedge Fund Activity: Q1 2020 in Review
368 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q1 2020, worth a combined $1.86B — down 75% from $7.57B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of PAA and 58 opened new positions — a net loss of 7 holders — while 137 trimmed existing stakes and 94 added.
The largest buyer was Morgan Stanley, adding an estimated $91.4M. The largest seller was Tortoise Capital Advisors, cutting an estimated $240M.
- 368 institutional investors held Plains All American Pipeline (PAA) as of Q1 2020, down from 381 in Q4 2019.
- Funds reported $1.86B of Plains All American Pipeline stock for Q1 2020, down 75% quarter-over-quarter.
- 58 funds opened new Plains All American Pipeline positions in Q1 2020 and 65 closed out, a net change of -7 holders.
- The largest Plains All American Pipeline buyer in Q1 2020 was Morgan Stanley, an estimated $91.4M added.
- The largest Plains All American Pipeline seller in Q1 2020 was Tortoise Capital Advisors, an estimated $240M sold.
Based on aggregated 13F filings for Q1 2020.