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Pembina Pipeline

401 hedge funds and large institutions have $13B invested in Pembina Pipeline in 2025 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 155 increasing their positions, 133 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 133

2% more capital invested

Capital invested by funds: $12.8B → $13B (+$205M)

3% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 34

1% less funds holding

Funds holding: 406401 (-5)

3.34% less ownership

Funds ownership: 58.75%55.4% (-3.3%)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

57% less call options, than puts

Call options by funds: $147M | Put options by funds: $339M

Holders
401
Holders Change
-5
Holders Change %
-1.23%
% of All Funds
5.26%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.12%
New
33
Increased
155
Reduced
133
Closed
34
Calls
$147M
Puts
$339M
Net Calls
-$193M
Net Calls Change
-$49.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CIG
151
Cascade Investment Group
Colorado
$2.41M -$41.9K -1,110 -2%
Citadel Advisors
152
Citadel Advisors
Florida
$2.31M -$2.25M -59,725 -51%
Public Sector Pension Investment Board (PSP Investments)
153
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.28M +$12.6K +335 +0.6%
AllianceBernstein
154
AllianceBernstein
Tennessee
$2.21M +$649K +17,208 +46%
TC
155
Tacita Capital
Ontario, Canada
$2.09M
APG Asset Management
156
APG Asset Management
Netherlands
$1.91M -$400K -10,588 -16%
Cerity Partners
157
Cerity Partners
New York
$1.89M -$71.9K -1,905 -4%
OTPPB
158
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.89M +$96.1K +2,547 +6%
CIA
159
Capital Investment Advisors
Georgia
$1.88M +$28.3K +750 +2%
Natixis Advisors
160
Natixis Advisors
Massachusetts
$1.88M +$121K +3,208 +7%
Mariner
161
Mariner
Kansas
$1.85M +$101K +2,677 +6%
ZIG
162
Zurich Insurance Group
Switzerland
$1.81M +$1.69M +44,700 New
IIM
163
INTECH Investment Management
Florida
$1.76M -$1.44M -38,211 -47%
AF
164
Aviso Financial
Ontario, Canada
$1.75M +$770K +20,403 +89%
Fidelity Investments
165
Fidelity Investments
Massachusetts
$1.73M -$1.99M -52,612 -55%
SPIA
166
Steward Partners Investment Advisory
New York
$1.71M +$313K +8,306 +24%
ADMI
167
Albert D. Mason Inc
Massachusetts
$1.62M +$118K +3,139 +9%
Corient Private Wealth
168
Corient Private Wealth
Florida
$1.59M +$271K +7,194 +22%
BDLIB
169
Banque de Luxembourg Investments (BLI)
Luxembourg
$1.58M -$517K -13,700 -26%
Ohio Public Employees Retirement System (OPERS)
170
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.57M -$1.43M -37,766 -49%
GIBU
171
Gulf International Bank (UK)
United Kingdom
$1.56M -$38.5K -1,019 -4%
KAS
172
Kestra Advisory Services
Texas
$1.54M -$24.9K -659 -2%
TA
173
Tectonic Advisors
Texas
$1.46M +$362K +9,585 +36%
ISL
174
Ingalls & Snyder LLC
New York
$1.44M -$22.6K -600 -2%
WorldQuant Millennium Advisors
175
WorldQuant Millennium Advisors
New York
$1.39M +$71.4K +1,892 +6%

PBA Hedge Fund Activity: Q3 2025 in Review

401 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q3 2025, worth a combined $13B — up 1.6% from $12.8B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of PBA and 33 opened new positions — a net loss of 1 holder — while 133 trimmed existing stakes and 155 added.

The largest buyer was Jarislowsky, Fraser Ltd, adding an estimated $316M. The largest seller was Goldman Sachs, cutting an estimated $269M.

  • 401 institutional investors held Pembina Pipeline (PBA) as of Q3 2025, down from 406 in Q2 2025.
  • Funds reported $13B of Pembina Pipeline stock for Q3 2025, up 1.6% quarter-over-quarter.
  • 33 funds opened new Pembina Pipeline positions in Q3 2025 and 34 closed out, a net change of -1 holder.
  • The largest Pembina Pipeline buyer in Q3 2025 was Jarislowsky, Fraser Ltd, an estimated $316M added.
  • The largest Pembina Pipeline seller in Q3 2025 was Goldman Sachs, an estimated $269M sold.

Based on aggregated 13F filings for Q3 2025.