Plains All American Pipeline
386 hedge funds and large institutions have $5.39B invested in Plains All American Pipeline in 2016 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 111 increasing their positions, 158 reducing their positions, and 62 closing their positions.
191% more call options, than puts
Call options by funds: $176M | Put options by funds: $60.7M
19% more funds holding in top 10
Funds holding in top 10: 16 → 19 (+3)
0.06% less ownership
Funds ownership: 64.54% → 64.48% (-0.06%)
6% less funds holding
Funds holding: 410 → 386 (-24)
8% less capital invested
Capital invested by funds: $5.86B → $5.39B (-$469M)
30% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 158
35% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$119M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$86.1M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$82.7M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$33M |
| 5 |
Jennison Associates
New York
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$95.4M |
| 2 |
ClearBridge Investments
New York
|
-$47.9M |
| 3 |
AR
Argyll Research
Wilmington,
Delaware
|
-$38.4M |
| 4 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$34.3M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$32.6M |
PAA Hedge Fund Activity: Q1 2016 in Review
386 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q1 2016, worth a combined $5.39B — down 8% from $5.86B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PAA and 40 opened new positions — a net loss of 22 holders — while 158 trimmed existing stakes and 111 added.
The largest buyer was Goldman Sachs, adding an estimated $119M. The largest seller was UBS Group, cutting an estimated $95.4M.
- 386 institutional investors held Plains All American Pipeline (PAA) as of Q1 2016, down from 410 in Q4 2015.
- Funds reported $5.39B of Plains All American Pipeline stock for Q1 2016, down 8% quarter-over-quarter.
- 40 funds opened new Plains All American Pipeline positions in Q1 2016 and 62 closed out, a net change of -22 holders.
- The largest Plains All American Pipeline buyer in Q1 2016 was Goldman Sachs, an estimated $119M added.
- The largest Plains All American Pipeline seller in Q1 2016 was UBS Group, an estimated $95.4M sold.
Based on aggregated 13F filings for Q1 2016.