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Pembina Pipeline

285 hedge funds and large institutions have $5.97B invested in Pembina Pipeline in 2017 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 90 increasing their positions, 84 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

802% more call options, than puts

Call options by funds: $17.6M | Put options by funds: $1.95M

105% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 21

8% more funds holding

Funds holding: 265285 (+20)

7% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 84

3% less capital invested

Capital invested by funds: $6.14B → $5.97B (-$179M)

2.78% less ownership

Funds ownership: 49.53%46.75% (-2.8%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
285
Holders Change
+20
Holders Change %
+7.55%
% of All Funds
7.09%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.1%
New
43
Increased
90
Reduced
84
Closed
21
Calls
$17.6M
Puts
$1.95M
Net Calls
+$15.6M
Net Calls Change
+$10.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$884M -$101M -3,177,977 -10%
Deutsche Bank
2
Deutsche Bank
Germany
$381M +$18M +565,894 +5%
JFL
3
Jarislowsky, Fraser Ltd
Quebec, Canada
$353M +$31.5M +991,408 +10%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$339M -$56.7M -1,783,615 -14%
Vanguard Group
5
Vanguard Group
Pennsylvania
$301M +$15.1M +474,863 +5%
Capital World Investors
6
Capital World Investors
California
$285M
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$275M +$2.29M +71,888 +0.8%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$245M -$220M -6,920,464 -47%
CIBC World Market
9
CIBC World Market
Ontario, Canada
$202M +$4.91M +154,348 +2%
TD Asset Management
10
TD Asset Management
Ontario, Canada
$177M +$2.87M +90,244 +2%
GCC
11
Guardian Capital (Canada)
Ontario, Canada
$157M -$4.18M -131,345 -3%
Mackenzie Financial
12
Mackenzie Financial
Ontario, Canada
$148M +$3.41M +107,282 +2%
TCA
13
Tortoise Capital Advisors
Kansas
$144M +$60.7M +1,909,698 +72%
Toronto Dominion Bank
14
Toronto Dominion Bank
Ontario, Canada
$137M +$14.3M +449,644 +12%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$122M +$4.75M +149,379 +4%
Canada Life
16
Canada Life
Manitoba, Canada
$104M -$10.9M -341,690 -9%
IIM
17
Intact Investment Management
Quebec, Canada
$91.3M -$6.76M -212,800 -9%
SI
18
Sentry Investments
Ontario, Canada
$83.1M -$1.23M -38,800 -2%
Norges Bank
19
Norges Bank
Norway
$75.7M -$9.04M -284,241 -11%
GMI
20
Greystone Managed Investments
Saskatchewan, Canada
$72.5M -$16.1M -505,338 -18%
Cohen & Steers
21
Cohen & Steers
New York
$67.7M -$676K -21,270 -1%
SC
22
Scotia Capital
Ontario, Canada
$67.3M -$10.5M -329,691 -13%
Goldman Sachs
23
Goldman Sachs
New York
$64.1M -$17.4M -546,564 -21%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$63.1M +$3.27M +103,010 +5%
Legal & General Group
25
Legal & General Group
United Kingdom
$58.8M +$1.48M +46,626 +3%

PBA Hedge Fund Activity: Q1 2017 in Review

285 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q1 2017, worth a combined $5.97B — down 2.9% from $6.14B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new PBA positions and 21 closed out — a net gain of 22 holders — while 90 added to existing stakes and 84 trimmed.

The largest buyer was Tortoise Capital Advisors, adding an estimated $60.7M. The largest seller was 1832 Asset Management, cutting an estimated $220M.

  • 285 institutional investors held Pembina Pipeline (PBA) as of Q1 2017, up from 265 in Q4 2016.
  • Funds reported $5.97B of Pembina Pipeline stock for Q1 2017, down 2.9% quarter-over-quarter.
  • 43 funds opened new Pembina Pipeline positions in Q1 2017 and 21 closed out, a net change of +22 holders.
  • The largest Pembina Pipeline buyer in Q1 2017 was Tortoise Capital Advisors, an estimated $60.7M added.
  • The largest Pembina Pipeline seller in Q1 2017 was 1832 Asset Management, an estimated $220M sold.

Based on aggregated 13F filings for Q1 2017.