Pembina Pipeline
432 hedge funds and large institutions have $14.6B invested in Pembina Pipeline in 2026 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 150 increasing their positions, 147 reducing their positions, and 39 closing their positions.
18% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 39
11% more capital invested
Capital invested by funds: $13.2B → $14.6B (+$1.44B)
3.15% more ownership
Funds ownership: 50.41% → 53.56% (+3.2%)
7% more call options, than puts
Call options by funds: $217M | Put options by funds: $203M
2% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 147
0% more funds holding
Funds holding: 432 → 432 (0)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$311M |
| 2 |
ClearBridge Investments
New York
|
+$225M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$207M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$106M |
| 5 |
Goldman Sachs
New York
|
+$97.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$127M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$106M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$92.5M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$82.1M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$53.1M |
PBA Hedge Fund Activity: Q2 2026 in Review
432 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q2 2026, worth a combined $14.6B — up 11% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PBA positions and 39 closed out — a net gain of 7 holders — while 150 added to existing stakes and 147 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $311M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $127M.
- 432 institutional investors held Pembina Pipeline (PBA) as of Q2 2026, unchanged from Q1 2026.
- Funds reported $14.6B of Pembina Pipeline stock for Q2 2026, up 11% quarter-over-quarter.
- 46 funds opened new Pembina Pipeline positions in Q2 2026 and 39 closed out, a net change of +7 holders.
- The largest Pembina Pipeline buyer in Q2 2026 was Royal Bank of Canada, an estimated $311M added.
- The largest Pembina Pipeline seller in Q2 2026 was Manulife (Manufacturers Life Insurance), an estimated $127M sold.
Based on aggregated 13F filings for Q2 2026.