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Plains All American Pipeline

410 hedge funds and large institutions have $5.86B invested in Plains All American Pipeline in 2015 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 86 increasing their positions, 205 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more call options, than puts

Call options by funds: $176M | Put options by funds: $56.2M

2.5% more ownership

Funds ownership: 62.04%64.54% (+2.5%)

11% less funds holding

Funds holding: 459410 (-49)

16% less capital invested

Capital invested by funds: $6.97B → $5.86B (-$1.11B)

41% less funds holding in top 10

Funds holding in top 10: 2716 (-11)

48% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 96

58% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 205

Holders
410
Holders Change
-49
Holders Change %
-10.68%
% of All Funds
10.76%
Holding in Top 10
16
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-40.74%
% of All Funds
0.42%
New
50
Increased
86
Reduced
205
Closed
96
Calls
$176M
Puts
$56.2M
Net Calls
+$120M
Net Calls Change
+$115M
Name Holding Trade Value Shares
Change
Change in
Stake
TC
101
Talkot Capital
California
$3.46M +$4.04M +150,000 New
Jennison Associates
102
Jennison Associates
New York
$3.37M -$972K -36,113 -20%
BWFA
103
Baltimore-Washington Financial Advisors
Maryland
$3.07M -$151K -5,605 -4%
CPIG
104
Chicago Partners Investment Group
Illinois
$3.06M -$255K -9,486 -7%
OWP
105
Obermeyer Wealth Partners
Colorado
$2.94M -$206K -7,660 -6%
CI
106
Cincinnati Insurance
Ohio
$2.86M
WRF
107
Waddell & Reed Financial
Kansas
$2.83M +$1.53M +56,660 +86%
Sumitomo Mitsui Trust Group
108
Sumitomo Mitsui Trust Group
Japan
$2.83M +$808K +30,000 +32%
DLG
109
Daniel L. Goodwin
$2.74M +$218K +8,100 +7%
DT
110
Diversified Trust
Tennessee
$2.64M +$28.4K +1,053 +0.9%
CCC
111
Chelsea Counsel Company
California
$2.6M +$311K +11,553 +11%
TCM
112
Texan Capital Management
Texas
$2.54M -$11.2K -415 -0.4%
AAA
113
Adams Asset Advisors
Texas
$2.53M -$167K -6,220 -5%
PCA
114
Private Capital Advisors
Connecticut
$2.53M -$162K -6,000 -5%
IC
115
Inverness Counsel
New York
$2.48M -$1.27M -47,255 -31%
CAM
116
Cypress Asset Management
Texas
$2.48M -$335K -12,458 -10%
GC
117
Guggenheim Capital
Illinois
$2.46M -$5.39M -200,146 -65%
JIC
118
JRM Investment Counsel
Nebraska
$2.33M +$98.3K +3,650 +4%
UIC
119
Uniplan Investment Counsel
Wisconsin
$2.32M -$489K -18,144 -15%
TAM
120
Trust Asset Management
Texas
$2.32M +$2.71M +100,478 New
PGH
121
Partners Group Holding
Switzerland
$2.31M -$1.1M -41,000 -29%
First Eagle Investment Management
122
First Eagle Investment Management
New York
$2.31M -$673K -25,000 -20%
BWP
123
Baldwin Wealth Partners
Massachusetts
$2.3M -$1.23M -45,785 -32%
CCM
124
Cohen Capital Management
California
$2.28M
VKH
125
Virtu KCG Holdings
New York
$2.26M +$226K +8,394 +9%

PAA Hedge Fund Activity: Q4 2015 in Review

410 of the 3,811 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q4 2015, worth a combined $5.86B — down 16% from $6.97B a quarter earlier.

Sellers outnumbered buyers: 96 funds closed out of PAA and 50 opened new positions — a net loss of 46 holders — while 205 trimmed existing stakes and 86 added.

The largest buyer was ALPS Advisors, adding an estimated $185M. The largest seller was Deutsche Bank, cutting an estimated $146M.

  • 410 institutional investors held Plains All American Pipeline (PAA) as of Q4 2015, down from 459 in Q3 2015.
  • Funds reported $5.86B of Plains All American Pipeline stock for Q4 2015, down 16% quarter-over-quarter.
  • 50 funds opened new Plains All American Pipeline positions in Q4 2015 and 96 closed out, a net change of -46 holders.
  • The largest Plains All American Pipeline buyer in Q4 2015 was ALPS Advisors, an estimated $185M added.
  • The largest Plains All American Pipeline seller in Q4 2015 was Deutsche Bank, an estimated $146M sold.

Based on aggregated 13F filings for Q4 2015.