Plains All American Pipeline
499 hedge funds and large institutions have $9.91B invested in Plains All American Pipeline in 2013 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 182 increasing their positions, 129 reducing their positions, and 30 closing their positions.
120% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 30
45% more call options, than puts
Call options by funds: $62.7M | Put options by funds: $43.2M
41% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 129
7% more funds holding
Funds holding: 468 → 499 (+31)
5% more funds holding in top 10
Funds holding in top 10: 38 → 40 (+2)
0.05% less ownership
Funds ownership: 55.83% → 55.78% (-0.05%)
4% less capital invested
Capital invested by funds: $10.4B → $9.91B (-$444M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$133M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$93.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$79.5M |
| 4 |
SC
Sculptor Capital
New York
|
+$59M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$180M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$144M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$84.3M |
| 4 |
ClearBridge Investments
New York
|
-$65.2M |
| 5 |
Goldman Sachs
New York
|
-$63.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIMC
526
Heritage Investors Management Corp
Bethesda,
Maryland
| – | -$158K | -3,000 | Closed |
|
527
Parallax Volatility Advisers
San Francisco,
California
| – | -$127K | -2,477 | Closed |
|
|
TCM
528
TD Capital Management
Memphis,
Tennessee
| – | -$119K | -2,261 | Closed |
|
|
PFO
529
Pathstone Family Office
Englewood,
New Jersey
| – | -$32K | -615 | Closed |
|
|
CA
530
Cumberland Advisors
Sarasota,
Florida
| – | -$20K | -380 | Closed |
|
|
FANJ
531
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$16K | -300 | Closed |
|
|
PCM
532
Prelude Capital Management
New York
| – | -$4K | -80 | Closed |
|
|
EU
533
Emory University
Atlanta,
Georgia
| – | -$3K | -61 | Closed |
|
PAA Hedge Fund Activity: Q4 2013 in Review
499 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q4 2013, worth a combined $9.91B — down 4.3% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PAA positions and 30 closed out — a net gain of 36 holders — while 182 added to existing stakes and 129 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $133M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $180M.
- 499 institutional investors held Plains All American Pipeline (PAA) as of Q4 2013, up from 468 in Q3 2013.
- Funds reported $9.91B of Plains All American Pipeline stock for Q4 2013, down 4.3% quarter-over-quarter.
- 66 funds opened new Plains All American Pipeline positions in Q4 2013 and 30 closed out, a net change of +36 holders.
- The largest Plains All American Pipeline buyer in Q4 2013 was Deutsche Bank, an estimated $133M added.
- The largest Plains All American Pipeline seller in Q4 2013 was Kayne Anderson Capital Advisors, an estimated $180M sold.
Based on aggregated 13F filings for Q4 2013.