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Pembina Pipeline

230 hedge funds and large institutions have $3.55B invested in Pembina Pipeline in 2015 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 76 increasing their positions, 74 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

559% more call options, than puts

Call options by funds: $8.73M | Put options by funds: $1.32M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

10% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 20

1.29% more ownership

Funds ownership: 42.03%43.32% (+1.3%)

3% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 74

0% more funds holding

Funds holding: 230230 (0)

23% less capital invested

Capital invested by funds: $4.6B → $3.55B (-$1.05B)

Holders
230
Holders Change
Holders Change %
0%
% of All Funds
6.42%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
22
Increased
76
Reduced
74
Closed
20
Calls
$8.73M
Puts
$1.32M
Net Calls
+$7.41M
Net Calls Change
+$3.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$577M +$20.8M +742,055 +3%
Deutsche Bank
2
Deutsche Bank
Germany
$334M +$17M +606,887 +5%
1832 Asset Management
3
1832 Asset Management
Ontario, Canada
$220M -$8.44M -301,876 -3%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$200M -$5.64M -201,724 -2%
JFL
5
Jarislowsky, Fraser Ltd
Quebec, Canada
$177M +$16.9M +603,625 +9%
Caisse de Depot et Placement du Quebec (CDPQ)
6
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$156M +$7.84M +280,317 +4%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$133M +$1.51M +53,936 +1%
Vanguard Group
8
Vanguard Group
Pennsylvania
$124M +$16.8M +601,580 +13%
GCC
9
Guardian Capital (Canada)
Ontario, Canada
$112M +$8.81M +314,791 +7%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$99.4M +$1.17M +41,978 +1%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$95.7M +$23.5M +840,416 +27%
Toronto Dominion Bank
12
Toronto Dominion Bank
Ontario, Canada
$76.7M -$13.8M -492,924 -13%
Canada Life
13
Canada Life
Manitoba, Canada
$64.4M +$19.1M +681,467 +34%
Norges Bank
14
Norges Bank
Norway
$63.2M +$1.61M +57,512 +2%
AIMCA
15
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$55.2M +$4.62M +164,977 +11%
Goldman Sachs
16
Goldman Sachs
New York
$53.7M -$2.9M -103,703 -4%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$43.3M +$18.2M +649,477 +56%
TCA
18
Tortoise Capital Advisors
Kansas
$43.2M -$3.65M -130,439 -7%
IIM
19
Intact Investment Management
Quebec, Canada
$43.2M -$1.94M -69,200 -5%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$40.8M +$571K +20,400 +1%
Mackenzie Financial
21
Mackenzie Financial
Ontario, Canada
$36.9M +$2.14M +76,350 +5%
Swiss National Bank
22
Swiss National Bank
Switzerland
$36.1M +$4.33M +154,900 +11%
Bank of Nova Scotia
23
Bank of Nova Scotia
Ontario, Canada
$35.9M -$22.8M -814,968 -35%
Legal & General Group
24
Legal & General Group
United Kingdom
$32.8M +$1.81M +64,700 +5%
SC
25
Scotia Capital
Ontario, Canada
$32.8M +$1.39M +49,760 +4%

PBA Hedge Fund Activity: Q3 2015 in Review

230 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q3 2015, worth a combined $3.55B — down 23% from $4.6B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PBA positions and 20 closed out — a net gain of 2 holders — while 76 added to existing stakes and 74 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $23.6M. The largest seller was Bank of Nova Scotia, cutting an estimated $22.8M.

  • 230 institutional investors held Pembina Pipeline (PBA) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $3.55B of Pembina Pipeline stock for Q3 2015, down 23% quarter-over-quarter.
  • 22 funds opened new Pembina Pipeline positions in Q3 2015 and 20 closed out, a net change of +2 holders.
  • The largest Pembina Pipeline buyer in Q3 2015 was Manulife (Manufacturers Life Insurance), an estimated $23.6M added.
  • The largest Pembina Pipeline seller in Q3 2015 was Bank of Nova Scotia, an estimated $22.8M sold.

Based on aggregated 13F filings for Q3 2015.