Pembina Pipeline
238 hedge funds and large institutions have $4.26B invested in Pembina Pipeline in 2015 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 93 increasing their positions, 71 reducing their positions, and 26 closing their positions.
517% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $3.17M
31% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 71
1.57% more ownership
Funds ownership: 38.41% → 39.98% (+1.6%)
2% less funds holding
Funds holding: 243 → 238 (-5)
10% less capital invested
Capital invested by funds: $4.74B → $4.26B (-$480M)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$228M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$136M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$63.1M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$50.7M |
| 5 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
+$34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$134M |
| 2 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$71.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$33.4M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$32M |
| 5 |
Two Sigma Investments
New York
|
-$30.1M |
PBA Hedge Fund Activity: Q1 2015 in Review
238 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q1 2015, worth a combined $4.26B — down 10% from $4.74B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PBA and 23 opened new positions — a net loss of 3 holders — while 71 trimmed existing stakes and 93 added.
The largest buyer was Royal Bank of Canada, adding an estimated $228M. The largest seller was 1832 Asset Management, cutting an estimated $134M.
- 238 institutional investors held Pembina Pipeline (PBA) as of Q1 2015, down from 243 in Q4 2014.
- Funds reported $4.26B of Pembina Pipeline stock for Q1 2015, down 10% quarter-over-quarter.
- 23 funds opened new Pembina Pipeline positions in Q1 2015 and 26 closed out, a net change of -3 holders.
- The largest Pembina Pipeline buyer in Q1 2015 was Royal Bank of Canada, an estimated $228M added.
- The largest Pembina Pipeline seller in Q1 2015 was 1832 Asset Management, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2015.