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Pembina Pipeline

219 hedge funds and large institutions have $3.8B invested in Pembina Pipeline in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 73 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

575% more call options, than puts

Call options by funds: $8.61M | Put options by funds: $1.27M

7% more capital invested

Capital invested by funds: $3.55B → $3.8B (+$249M)

6.24% more ownership

Funds ownership: 43.32%49.56% (+6.2%)

1% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 73

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

5% less funds holding

Funds holding: 230219 (-11)

25% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 28

Holders
219
Holders Change
-11
Holders Change %
-4.78%
% of All Funds
5.75%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
21
Increased
74
Reduced
73
Closed
28
Calls
$8.61M
Puts
$1.27M
Net Calls
+$7.33M
Net Calls Change
-$78K
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$758M +$259M +10,789,912 +45%
Deutsche Bank
2
Deutsche Bank
Germany
$284M -$20.7M -862,815 -6%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$204M +$25.2M +1,048,886 +13%
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$202M +$3.68M +153,434 +2%
JFL
5
Jarislowsky, Fraser Ltd
Quebec, Canada
$194M +$36.6M +1,522,863 +21%
Capital World Investors
6
Capital World Investors
California
$180M +$198M +8,252,863 New
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$150M +$9.23M +384,463 +6%
Vanguard Group
8
Vanguard Group
Pennsylvania
$129M +$17.9M +747,608 +14%
CIBC World Market
9
CIBC World Market
Ontario, Canada
$120M -$179K -7,449 -0.1%
GCC
10
Guardian Capital (Canada)
Ontario, Canada
$113M +$11.8M +493,292 +11%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$99.1M +$13.7M +568,935 +14%
BC
12
Brookfield Corp
Ontario, Canada
$84.6M +$61.9M +2,580,344 +198%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$79M -$12.5M -520,850 -13%
Canada Life
14
Canada Life
Manitoba, Canada
$75.4M +$18.4M +764,529 +28%
Toronto Dominion Bank
15
Toronto Dominion Bank
Ontario, Canada
$71.7M +$2.46M +102,634 +3%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$58.9M +$28.1M +1,171,107 +77%
IIM
17
Intact Investment Management
Quebec, Canada
$58.2M +$14M +583,500 +43%
Goldman Sachs
18
Goldman Sachs
New York
$57.5M +$9.79M +407,758 +18%
Norges Bank
19
Norges Bank
Norway
$56.8M -$471K -19,628 -0.7%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$55.1M +$17.6M +731,248 +40%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$36.8M -$202K -8,400 -0.5%
AIMCA
22
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$36.1M -$12.5M -519,885 -30%
TCA
23
Tortoise Capital Advisors
Kansas
$33.4M -$6.4M -266,464 -15%
Swiss National Bank
24
Swiss National Bank
Switzerland
$32.8M +$96K +4,000 +0.3%
MBI
25
Montrusco Bolton Investments
Quebec, Canada
$32.7M +$13.7M +570,264 +61%

PBA Hedge Fund Activity: Q4 2015 in Review

219 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q4 2015, worth a combined $3.8B — up 7% from $3.55B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PBA and 21 opened new positions — a net loss of 7 holders — while 73 trimmed existing stakes and 74 added.

The largest buyer was Royal Bank of Canada, adding an estimated $259M. The largest seller was Deutsche Bank, cutting an estimated $20.7M.

  • 219 institutional investors held Pembina Pipeline (PBA) as of Q4 2015, down from 230 in Q3 2015.
  • Funds reported $3.8B of Pembina Pipeline stock for Q4 2015, up 7% quarter-over-quarter.
  • 21 funds opened new Pembina Pipeline positions in Q4 2015 and 28 closed out, a net change of -7 holders.
  • The largest Pembina Pipeline buyer in Q4 2015 was Royal Bank of Canada, an estimated $259M added.
  • The largest Pembina Pipeline seller in Q4 2015 was Deutsche Bank, an estimated $20.7M sold.

Based on aggregated 13F filings for Q4 2015.