Plains All American Pipeline
375 hedge funds and large institutions have $5.01B invested in Plains All American Pipeline in 2025 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 133 increasing their positions, 87 reducing their positions, and 30 closing their positions.
312% more call options, than puts
Call options by funds: $195M | Put options by funds: $47.3M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
53% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 87
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
8% more capital invested
Capital invested by funds: $4.65B → $5.01B (+$361M)
1% more funds holding
Funds holding: 372 → 375 (+3)
0.78% more ownership
Funds ownership: 38.78% → 39.56% (+0.78%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$51.5M |
| 2 |
Morgan Stanley
New York
|
+$48.1M |
| 3 |
Cohen & Steers
New York
|
+$21M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$12.9M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$26.4M |
| 2 |
JP Morgan Chase
New York
|
-$22.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$10.5M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$10.3M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$8.26M |
PAA Hedge Fund Activity: Q4 2025 in Review
375 of the 8,286 institutional investors tracked by Wall St. Rank reported a position in Plains All American Pipeline (PAA) for Q4 2025, worth a combined $5.01B — up 7.8% from $4.65B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PAA positions and 30 closed out — a net gain of 10 holders — while 133 added to existing stakes and 87 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $51.5M. The largest seller was Westwood Holdings Group, cutting an estimated $26.4M.
- 375 institutional investors held Plains All American Pipeline (PAA) as of Q4 2025, up from 372 in Q3 2025.
- Funds reported $5.01B of Plains All American Pipeline stock for Q4 2025, up 7.8% quarter-over-quarter.
- 40 funds opened new Plains All American Pipeline positions in Q4 2025 and 30 closed out, a net change of +10 holders.
- The largest Plains All American Pipeline buyer in Q4 2025 was Goldman Sachs, an estimated $51.5M added.
- The largest Plains All American Pipeline seller in Q4 2025 was Westwood Holdings Group, an estimated $26.4M sold.
Based on aggregated 13F filings for Q4 2025.