Plains All American Pipeline
426 hedge funds and large institutions have $8.67B invested in Plains All American Pipeline in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 139 increasing their positions, 126 reducing their positions, and 25 closing their positions.
340% more call options, than puts
Call options by funds: $408M | Put options by funds: $92.7M
84% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 25
20% more capital invested
Capital invested by funds: $7.24B → $8.67B (+$1.43B)
10% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 126
4% more funds holding in top 10
Funds holding in top 10: 24 → 25 (+1)
4% more funds holding
Funds holding: 410 → 426 (+16)
3.38% more ownership
Funds ownership: 66.38% → 69.76% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$147M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$50.8M |
| 3 |
Citigroup
New York
|
+$37.1M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$33.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$31.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$91.7M |
| 2 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$38.9M |
| 3 |
O
OppenheimerFunds
New York
|
-$22.1M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$20.2M |
| 5 |
JP Morgan Chase
New York
|
-$13.4M |
PAA Hedge Fund Activity: Q3 2016 in Review
426 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q3 2016, worth a combined $8.67B — up 20% from $7.24B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PAA positions and 25 closed out — a net gain of 21 holders — while 139 added to existing stakes and 126 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $147M. The largest seller was Center Coast Capital Advisors, cutting an estimated $91.7M.
- 426 institutional investors held Plains All American Pipeline (PAA) as of Q3 2016, up from 410 in Q2 2016.
- Funds reported $8.67B of Plains All American Pipeline stock for Q3 2016, up 20% quarter-over-quarter.
- 46 funds opened new Plains All American Pipeline positions in Q3 2016 and 25 closed out, a net change of +21 holders.
- The largest Plains All American Pipeline buyer in Q3 2016 was Goldman Sachs, an estimated $147M added.
- The largest Plains All American Pipeline seller in Q3 2016 was Center Coast Capital Advisors, an estimated $91.7M sold.
Based on aggregated 13F filings for Q3 2016.