Plains All American Pipeline
381 hedge funds and large institutions have $5.13B invested in Plains All American Pipeline in 2025 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 140 increasing their positions, 76 reducing their positions, and 36 closing their positions.
178% more call options, than puts
Call options by funds: $213M | Put options by funds: $76.6M
84% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 76
11% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 36
0% more funds holding
Funds holding: 381 → 381 (0)
0.23% less ownership
Funds ownership: 40.04% → 39.81% (-0.23%)
9% less capital invested
Capital invested by funds: $5.61B → $5.13B (-$484M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$94.7M |
| 2 |
ICA
Infrastructure Capital Advisors
New York
|
+$55.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$52.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$39.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$77.5M |
| 2 |
Goldman Sachs
New York
|
-$52M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$52M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$30.9M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$15.2M |
PAA Hedge Fund Activity: Q2 2025 in Review
381 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q2 2025, worth a combined $5.13B — down 8.6% from $5.61B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PAA positions and 36 closed out — a net gain of 4 holders — while 140 added to existing stakes and 76 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $94.7M. The largest seller was Morgan Stanley, cutting an estimated $77.5M.
- 381 institutional investors held Plains All American Pipeline (PAA) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $5.13B of Plains All American Pipeline stock for Q2 2025, down 8.6% quarter-over-quarter.
- 40 funds opened new Plains All American Pipeline positions in Q2 2025 and 36 closed out, a net change of +4 holders.
- The largest Plains All American Pipeline buyer in Q2 2025 was ALPS Advisors, an estimated $94.7M added.
- The largest Plains All American Pipeline seller in Q2 2025 was Morgan Stanley, an estimated $77.5M sold.
Based on aggregated 13F filings for Q2 2025.