Plains All American Pipeline
375 hedge funds and large institutions have $7.85B invested in Plains All American Pipeline in 2019 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 107 increasing their positions, 114 reducing their positions, and 39 closing their positions.
197% more call options, than puts
Call options by funds: $65.2M | Put options by funds: $22M
1.5% more ownership
Funds ownership: 50.66% → 52.17% (+1.5%)
8% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 39
0% more funds holding
Funds holding: 375 → 375 (0)
6% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 114
12% less capital invested
Capital invested by funds: $8.95B → $7.85B (-$1.1B)
17% less funds holding in top 10
Funds holding in top 10: 24 → 20 (-4)
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$127M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 3 |
N
Natixis
Paris,
France
|
+$76.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$74.5M |
| 5 |
Morgan Stanley
New York
|
+$71.6M |
Top Sellers
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$348M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$131M |
| 3 |
JP Morgan Chase
New York
|
-$94.4M |
| 4 |
ClearBridge Investments
New York
|
-$55M |
| 5 |
Fayez Sarofim & Co
Houston,
Texas
|
-$43.7M |
PAA Hedge Fund Activity: Q3 2019 in Review
375 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q3 2019, worth a combined $7.85B — down 12% from $8.95B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PAA positions and 39 closed out — a net gain of 3 holders — while 107 added to existing stakes and 114 trimmed.
The largest buyer was Credit Suisse, adding an estimated $127M. The largest seller was Brookfield Corp, exiting entirely with an estimated $348M sold.
- 375 institutional investors held Plains All American Pipeline (PAA) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $7.85B of Plains All American Pipeline stock for Q3 2019, down 12% quarter-over-quarter.
- 42 funds opened new Plains All American Pipeline positions in Q3 2019 and 39 closed out, a net change of +3 holders.
- The largest Plains All American Pipeline buyer in Q3 2019 was Credit Suisse, an estimated $127M added.
- The largest Plains All American Pipeline seller in Q3 2019 was Brookfield Corp, an estimated $348M sold.
Based on aggregated 13F filings for Q3 2019.