Plains All American Pipeline
349 hedge funds and large institutions have $4.44B invested in Plains All American Pipeline in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 101 increasing their positions, 98 reducing their positions, and 32 closing their positions.
68% more call options, than puts
Call options by funds: $117M | Put options by funds: $69.7M
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
4% more funds holding
Funds holding: 337 → 349 (+12)
3% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 98
0.19% less ownership
Funds ownership: 42.04% → 41.85% (-0.19%)
2% less capital invested
Capital invested by funds: $4.51B → $4.44B (-$70.8M)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$61.6M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$49.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$32.3M |
| 4 |
JP Morgan Chase
New York
|
+$25.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$96.2M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$27.1M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$22.5M |
| 4 |
N
Natixis
Paris,
France
|
-$22.5M |
| 5 |
Goldman Sachs
New York
|
-$20.7M |
PAA Hedge Fund Activity: Q4 2023 in Review
349 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q4 2023, worth a combined $4.44B — down 1.6% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PAA positions and 32 closed out — a net gain of 16 holders — while 101 added to existing stakes and 98 trimmed.
The largest buyer was UBS Group, adding an estimated $61.6M. The largest seller was ALPS Advisors, cutting an estimated $96.2M.
- 349 institutional investors held Plains All American Pipeline (PAA) as of Q4 2023, up from 337 in Q3 2023.
- Funds reported $4.44B of Plains All American Pipeline stock for Q4 2023, down 1.6% quarter-over-quarter.
- 48 funds opened new Plains All American Pipeline positions in Q4 2023 and 32 closed out, a net change of +16 holders.
- The largest Plains All American Pipeline buyer in Q4 2023 was UBS Group, an estimated $61.6M added.
- The largest Plains All American Pipeline seller in Q4 2023 was ALPS Advisors, an estimated $96.2M sold.
Based on aggregated 13F filings for Q4 2023.