Plains All American Pipeline

PAA

Market cap $16.8B

PAA Hedge Fund Activity: Q1 2018 in Review

364 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q1 2018, worth a combined $7.04B — up 6.9% from $6.59B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of PAA and 45 opened new positions — a net loss of 2 holders — while 116 trimmed existing stakes and 117 added.

The largest buyer was UBS Group, adding an estimated $74.7M. The largest seller was Blackstone Inc, exiting entirely with an estimated $368M sold.

• 364 institutional investors held Plains All American Pipeline (PAA) as of Q1 2018, down from 375 in Q4 2017.
• Funds reported $7.04B of Plains All American Pipeline stock for Q1 2018, up 6.9% quarter-over-quarter.
• 45 funds opened new Plains All American Pipeline positions in Q1 2018 and 47 closed out, a net change of -2 holders.
• The largest Plains All American Pipeline buyer in Q1 2018 was UBS Group, an estimated $74.7M added.
• The largest Plains All American Pipeline seller in Q1 2018 was Blackstone Inc, an estimated $368M sold.

Based on aggregated 13F filings for Q1 2018.