Plains All American Pipeline
PAA
375 hedge funds and large institutions have $8.96B invested in Plains All American Pipeline in 2019 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 115 increasing their positions, 117 reducing their positions, and 33 closing their positions.
334% more call options, than puts
Call options by funds: $115M | Put options by funds: $26.4M
12% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 33
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
1.73% more ownership
Funds ownership: 48.93% → 50.66% (+1.7%)
3% more capital invested
Capital invested by funds: $8.72B → $8.96B (+$242M)
2% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 117
1% less funds holding
Funds holding: 379 → 375 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$145M |
| 2 |
Citigroup
New York
|
+$119M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$94M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$62.8M |
| 5 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$48.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$54.8M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$28.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$22.1M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$13.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.1M |
PAA Hedge Fund Activity: Q2 2019 in Review
375 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q2 2019, worth a combined $8.96B — up 2.8% from $8.72B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PAA positions and 33 closed out — a net gain of 4 holders — while 115 added to existing stakes and 117 trimmed.
The largest buyer was Nuveen, adding an estimated $145M. The largest seller was MetLife Investment Management, cutting an estimated $54.8M.
- 375 institutional investors held Plains All American Pipeline (PAA) as of Q2 2019, down from 379 in Q1 2019.
- Funds reported $8.96B of Plains All American Pipeline stock for Q2 2019, up 2.8% quarter-over-quarter.
- 37 funds opened new Plains All American Pipeline positions in Q2 2019 and 33 closed out, a net change of +4 holders.
- The largest Plains All American Pipeline buyer in Q2 2019 was Nuveen, an estimated $145M added.
- The largest Plains All American Pipeline seller in Q2 2019 was MetLife Investment Management, an estimated $54.8M sold.
Based on aggregated 13F filings for Q2 2019.