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Plains All American Pipeline

380 hedge funds and large institutions have $8.66B invested in Plains All American Pipeline in 2019 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 111 increasing their positions, 122 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

491% more call options, than puts

Call options by funds: $112M | Put options by funds: $19M

31% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 39

25% more capital invested

Capital invested by funds: $6.93B → $8.66B (+$1.72B)

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

2% more funds holding

Funds holding: 373380 (+7)

1.03% more ownership

Funds ownership: 47.58%48.61% (+1%)

9% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 122

Holders
380
Holders Change
+7
Holders Change %
+1.88%
% of All Funds
8.23%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.48%
New
51
Increased
111
Reduced
122
Closed
39
Calls
$112M
Puts
$19M
Net Calls
+$93.1M
Net Calls Change
+$21.4M
Name Holding Trade Value Shares
Change
Change in
Stake
HFA
1
Harvest Fund Advisors
Pennsylvania
$975M -$55.1M -2,330,122 -6%
AA
2
ALPS Advisors
Colorado
$929M -$27M -1,143,771 -3%
TCA
3
Tortoise Capital Advisors
Kansas
$929M -$23.5M -992,568 -3%
Goldman Sachs
4
Goldman Sachs
New York
$573M +$67.9M +2,872,137 +14%
UBS Group
5
UBS Group
Switzerland
$339M +$41M +1,736,010 +14%
BC
6
Brookfield Corp
Ontario, Canada
$339M +$63.9M +2,701,974 +24%
JP Morgan Chase
7
JP Morgan Chase
New York
$278M -$20.1M -849,639 -7%
Franklin Resources
8
Franklin Resources
California
$270M +$1.74M +73,815 +0.7%
KACA
9
Kayne Anderson Capital Advisors
California
$242M -$9.26M -391,810 -4%
CCM
10
Chickasaw Capital Management
Tennessee
$201M +$52.1M +2,205,531 +37%
CIBC Private Wealth Group
11
CIBC Private Wealth Group
Georgia
$196M +$16.8M +712,077 +10%
SCA
12
Salient Capital Advisors
Texas
$180M -$53.9M -2,280,676 -24%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$176M +$39.5M +1,671,285 +30%
COPPSERS
14
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$173M -$17M -719,041 -9%
EIP
15
Energy Income Partners
Connecticut
$148M -$1.36M -57,527 -0.9%
Bank of America
16
Bank of America
North Carolina
$143M -$27.1M -1,147,844 -16%
AR
17
Advisory Research
Illinois
$134M +$11.6M +490,475 +10%
ClearBridge Investments
18
ClearBridge Investments
New York
$131M -$1.69M -71,700 -1%
Morgan Stanley
19
Morgan Stanley
New York
$121M +$24.1M +1,019,242 +26%
EGA
20
Eagle Global Advisors
Texas
$115M -$7.48M -316,686 -6%
NIM
21
NXG Investment Management
Texas
$105M +$38.8M +1,642,897 +62%
TCIM
22
TIAA CREF Investment Management
New York
$104M +$10.1M +425,870 +11%
Fayez Sarofim & Co
23
Fayez Sarofim & Co
Texas
$89.4M
NMIMC
24
Northwestern Mutual Investment Management Company
Wisconsin
$88.3M +$4.63M +195,933 +6%
Mirae Asset Global Investments
25
Mirae Asset Global Investments
South Korea
$82.6M +$1.19M +50,528 +2%

PAA Hedge Fund Activity: Q1 2019 in Review

380 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q1 2019, worth a combined $8.66B — up 25% from $6.93B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAA positions and 39 closed out — a net gain of 12 holders — while 111 added to existing stakes and 122 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $67.9M. The largest seller was Harvest Fund Advisors, cutting an estimated $55.1M.

  • 380 institutional investors held Plains All American Pipeline (PAA) as of Q1 2019, up from 373 in Q4 2018.
  • Funds reported $8.66B of Plains All American Pipeline stock for Q1 2019, up 25% quarter-over-quarter.
  • 51 funds opened new Plains All American Pipeline positions in Q1 2019 and 39 closed out, a net change of +12 holders.
  • The largest Plains All American Pipeline buyer in Q1 2019 was Goldman Sachs, an estimated $67.9M added.
  • The largest Plains All American Pipeline seller in Q1 2019 was Harvest Fund Advisors, an estimated $55.1M sold.

Based on aggregated 13F filings for Q1 2019.