Plains All American Pipeline
PAA
410 hedge funds and large institutions have $7.26B invested in Plains All American Pipeline in 2016 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 120 increasing their positions, 142 reducing their positions, and 36 closing their positions.
360% more call options, than puts
Call options by funds: $365M | Put options by funds: $79.3M
78% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 36
35% more capital invested
Capital invested by funds: $5.39B → $7.26B (+$1.86B)
26% more funds holding in top 10
Funds holding in top 10: 19 → 24 (+5)
6% more funds holding
Funds holding: 386 → 410 (+24)
1.9% more ownership
Funds ownership: 64.48% → 66.38% (+1.9%)
15% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$78.8M |
| 2 |
Morgan Stanley
New York
|
+$51.1M |
| 3 |
JP Morgan Chase
New York
|
+$39.8M |
| 4 |
JG
Jefferies Group
New York
|
+$39.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$107M |
| 2 |
ClearBridge Investments
New York
|
-$61.9M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
-$37.9M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$34.2M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$32M |
PAA Hedge Fund Activity: Q2 2016 in Review
410 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q2 2016, worth a combined $7.26B — up 35% from $5.39B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new PAA positions and 36 closed out — a net gain of 28 holders — while 120 added to existing stakes and 142 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $78.8M. The largest seller was Tortoise Capital Advisors, cutting an estimated $107M.
- 410 institutional investors held Plains All American Pipeline (PAA) as of Q2 2016, up from 386 in Q1 2016.
- Funds reported $7.26B of Plains All American Pipeline stock for Q2 2016, up 35% quarter-over-quarter.
- 64 funds opened new Plains All American Pipeline positions in Q2 2016 and 36 closed out, a net change of +28 holders.
- The largest Plains All American Pipeline buyer in Q2 2016 was Deutsche Bank, an estimated $78.8M added.
- The largest Plains All American Pipeline seller in Q2 2016 was Tortoise Capital Advisors, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2016.