Plains All American Pipeline
PAA
349 hedge funds and large institutions have $2.78B invested in Plains All American Pipeline in 2020 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 95 increasing their positions, 113 reducing their positions, and 42 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
40% more capital invested
Capital invested by funds: $1.99B → $2.78B (+$791M)
29% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 42
3% more funds holding
Funds holding: 340 → 349 (+9)
0.54% more ownership
Funds ownership: 45.71% → 46.25% (+0.54%)
2% less call options, than puts
Call options by funds: $21.8M | Put options by funds: $22.2M
16% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$32.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$29.3M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$26.1M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$25.6M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$33.8M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$27.1M |
| 3 |
JP Morgan Chase
New York
|
-$24.6M |
| 4 |
Goldman Sachs
New York
|
-$20.7M |
| 5 |
Barclays
London,
United Kingdom
|
-$19.8M |
PAA Hedge Fund Activity: Q4 2020 in Review
349 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q4 2020, worth a combined $2.78B — up 40% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PAA positions and 42 closed out — a net gain of 12 holders — while 95 added to existing stakes and 113 trimmed.
The largest buyer was Natixis, adding an estimated $32.1M. The largest seller was NXG Investment Management, cutting an estimated $33.8M.
- 349 institutional investors held Plains All American Pipeline (PAA) as of Q4 2020, up from 340 in Q3 2020.
- Funds reported $2.78B of Plains All American Pipeline stock for Q4 2020, up 40% quarter-over-quarter.
- 54 funds opened new Plains All American Pipeline positions in Q4 2020 and 42 closed out, a net change of +12 holders.
- The largest Plains All American Pipeline buyer in Q4 2020 was Natixis, an estimated $32.1M added.
- The largest Plains All American Pipeline seller in Q4 2020 was NXG Investment Management, an estimated $33.8M sold.
Based on aggregated 13F filings for Q4 2020.