Plains All American Pipeline
407 hedge funds and large institutions have $8.04B invested in Plains All American Pipeline in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 144 increasing their positions, 129 reducing their positions, and 55 closing their positions.
56% more call options, than puts
Call options by funds: $224M | Put options by funds: $143M
12% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 129
0% more funds holding in top 10
Funds holding in top 10: 21 → 21 (0)
2.76% less ownership
Funds ownership: 45% → 42.24% (-2.8%)
6% less funds holding
Funds holding: 434 → 407 (-27)
16% less capital invested
Capital invested by funds: $9.55B → $8.04B (-$1.51B)
42% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$110M |
| 2 |
Goldman Sachs
New York
|
+$81.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$72.8M |
| 4 |
Renaissance Technologies
New York
|
+$47.8M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$109M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$94.8M |
| 3 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$75M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$66M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.5M |
PAA Hedge Fund Activity: Q2 2017 in Review
407 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q2 2017, worth a combined $8.04B — down 16% from $9.55B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of PAA and 32 opened new positions — a net loss of 23 holders — while 129 trimmed existing stakes and 144 added.
The largest buyer was Bank of America, adding an estimated $110M. The largest seller was Morgan Stanley, cutting an estimated $109M.
- 407 institutional investors held Plains All American Pipeline (PAA) as of Q2 2017, down from 434 in Q1 2017.
- Funds reported $8.04B of Plains All American Pipeline stock for Q2 2017, down 16% quarter-over-quarter.
- 32 funds opened new Plains All American Pipeline positions in Q2 2017 and 55 closed out, a net change of -23 holders.
- The largest Plains All American Pipeline buyer in Q2 2017 was Bank of America, an estimated $110M added.
- The largest Plains All American Pipeline seller in Q2 2017 was Morgan Stanley, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2017.