Pembina Pipeline
243 hedge funds and large institutions have $4.74B invested in Pembina Pipeline in 2014 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 71 increasing their positions, 74 reducing their positions, and 31 closing their positions.
906% more call options, than puts
Call options by funds: $26.9M | Put options by funds: $2.67M
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
1.71% more ownership
Funds ownership: 36.7% → 38.41% (+1.7%)
1% more funds holding
Funds holding: 241 → 243 (+2)
4% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 74
7% less capital invested
Capital invested by funds: $5.09B → $4.74B (-$342M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$266M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$127M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$80.8M |
| 4 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$80.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$63.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$257M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$88.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$52.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$41.2M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$19.2M |
PBA Hedge Fund Activity: Q4 2014 in Review
243 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q4 2014, worth a combined $4.74B — down 6.7% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PBA positions and 31 closed out — a net gain of 7 holders — while 71 added to existing stakes and 74 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $266M. The largest seller was Fidelity Investments, cutting an estimated $257M.
- 243 institutional investors held Pembina Pipeline (PBA) as of Q4 2014, up from 241 in Q3 2014.
- Funds reported $4.74B of Pembina Pipeline stock for Q4 2014, down 6.7% quarter-over-quarter.
- 38 funds opened new Pembina Pipeline positions in Q4 2014 and 31 closed out, a net change of +7 holders.
- The largest Pembina Pipeline buyer in Q4 2014 was Royal Bank of Canada, an estimated $266M added.
- The largest Pembina Pipeline seller in Q4 2014 was Fidelity Investments, an estimated $257M sold.
Based on aggregated 13F filings for Q4 2014.