Plains All American Pipeline
PAA
337 hedge funds and large institutions have $3.01B invested in Plains All American Pipeline in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 116 increasing their positions, 104 reducing their positions, and 52 closing their positions.
62% more capital invested
Capital invested by funds: $1.86B → $3.01B (+$1.16B)
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
12% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 104
1.36% less ownership
Funds ownership: 48.23% → 46.87% (-1.4%)
8% less funds holding
Funds holding: 368 → 337 (-31)
34% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $15.5M
52% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$290M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$123M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$102M |
| 4 |
JP Morgan Chase
New York
|
+$38.3M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$50.5M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$43.9M |
| 3 |
BlackRock
New York
|
-$40M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$39.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$32.1M |
PAA Hedge Fund Activity: Q2 2020 in Review
337 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q2 2020, worth a combined $3.01B — up 62% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PAA and 25 opened new positions — a net loss of 27 holders — while 104 trimmed existing stakes and 116 added.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $290M. The largest seller was Morgan Stanley, cutting an estimated $50.5M.
- 337 institutional investors held Plains All American Pipeline (PAA) as of Q2 2020, down from 368 in Q1 2020.
- Funds reported $3.01B of Plains All American Pipeline stock for Q2 2020, up 62% quarter-over-quarter.
- 25 funds opened new Plains All American Pipeline positions in Q2 2020 and 52 closed out, a net change of -27 holders.
- The largest Plains All American Pipeline buyer in Q2 2020 was Blackstone Inc, an estimated $290M added.
- The largest Plains All American Pipeline seller in Q2 2020 was Morgan Stanley, an estimated $50.5M sold.
Based on aggregated 13F filings for Q2 2020.