Plains All American Pipeline
PAA
373 hedge funds and large institutions have $6.94B invested in Plains All American Pipeline in 2018 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 103 increasing their positions, 126 reducing their positions, and 48 closing their positions.
305% more call options, than puts
Call options by funds: $95.3M | Put options by funds: $23.5M
19% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 48
0% more funds holding
Funds holding: 372 → 373 (+1)
0.04% less ownership
Funds ownership: 47.62% → 47.58% (-0.04%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
18% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 126
20% less capital invested
Capital invested by funds: $8.65B → $6.94B (-$1.72B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$60.7M |
| 2 |
JP Morgan Chase
New York
|
+$47.7M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$34.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$34.3M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$62.5M |
| 2 |
O
OppenheimerFunds
New York
|
-$43.5M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$33.3M |
| 4 |
TA
Teachers Advisors
New York
|
-$30.3M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$22.5M |
PAA Hedge Fund Activity: Q4 2018 in Review
373 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q4 2018, worth a combined $6.94B — down 20% from $8.65B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PAA positions and 48 closed out — a net gain of 9 holders — while 103 added to existing stakes and 126 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $60.7M. The largest seller was Goldman Sachs, cutting an estimated $62.5M.
- 373 institutional investors held Plains All American Pipeline (PAA) as of Q4 2018, up from 372 in Q3 2018.
- Funds reported $6.94B of Plains All American Pipeline stock for Q4 2018, down 20% quarter-over-quarter.
- 57 funds opened new Plains All American Pipeline positions in Q4 2018 and 48 closed out, a net change of +9 holders.
- The largest Plains All American Pipeline buyer in Q4 2018 was Tortoise Capital Advisors, an estimated $60.7M added.
- The largest Plains All American Pipeline seller in Q4 2018 was Goldman Sachs, an estimated $62.5M sold.
Based on aggregated 13F filings for Q4 2018.