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Pembina Pipeline

325 hedge funds and large institutions have $8.6B invested in Pembina Pipeline in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 105 increasing their positions, 103 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 26

1.89% more ownership

Funds ownership: 47.94%49.83% (+1.9%)

3% more capital invested

Capital invested by funds: $8.37B → $8.6B (+$236M)

2% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 103

1% more funds holding

Funds holding: 322325 (+3)

19% less call options, than puts

Call options by funds: $31.5M | Put options by funds: $39.1M

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
325
Holders Change
+3
Holders Change %
+0.93%
% of All Funds
7.43%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
32
Increased
105
Reduced
103
Closed
26
Calls
$31.5M
Puts
$39.1M
Net Calls
-$7.57M
Net Calls Change
+$21M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.27B +$70.9M +2,041,739 +6%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$523M +$48.1M +1,386,852 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$488M +$11.1M +318,655 +2%
Deutsche Bank
4
Deutsche Bank
Germany
$400M +$245M +7,059,070 +150%
JFL
5
Jarislowsky, Fraser Ltd
Quebec, Canada
$396M -$16.3M -468,460 -4%
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$369M +$4.21M +121,325 +1%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$284M -$985K -28,370 -0.3%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$249M -$11.9M -341,742 -4%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$235M -$36.3M -1,044,367 -13%
TD Asset Management
10
TD Asset Management
Ontario, Canada
$232M -$8.91M -256,717 -4%
TCA
11
Tortoise Capital Advisors
Kansas
$210M +$11.2M +321,250 +5%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$168M -$13.9M -400,244 -7%
GCC
13
Guardian Capital (Canada)
Ontario, Canada
$166M +$5.87M +169,154 +4%
SCA
14
Salient Capital Advisors
Texas
$162M +$68.3M +1,967,484 +70%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$145M -$10.3M -296,471 -7%
Bank of Nova Scotia
16
Bank of Nova Scotia
Ontario, Canada
$144M +$28.9M +833,225 +25%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$140M +$12.4M +356,938 +10%
Toronto Dominion Bank
18
Toronto Dominion Bank
Ontario, Canada
$138M +$4.56M +131,461 +3%
KACA
19
Kayne Anderson Capital Advisors
California
$126M +$7.52M +216,600 +6%
SC
20
Scotia Capital
Ontario, Canada
$110M -$4.34M -124,888 -4%
Norges Bank
21
Norges Bank
Norway
$103M +$3.99M +115,007 +4%
NIPH
22
NN Investment Partners Holdings
Netherlands
$100M -$26.8M -772,965 -21%
BC
23
Brookfield Corp
Ontario, Canada
$97.7M -$830K -23,900 -0.8%
Canada Life
24
Canada Life
Manitoba, Canada
$92.6M -$32M -921,281 -25%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$90.6M +$2.6M +74,973 +3%

PBA Hedge Fund Activity: Q3 2018 in Review

325 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q3 2018, worth a combined $8.6B — up 2.8% from $8.37B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new PBA positions and 26 closed out — a net gain of 6 holders — while 105 added to existing stakes and 103 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $245M. The largest seller was Goldman Sachs, cutting an estimated $43.1M.

  • 325 institutional investors held Pembina Pipeline (PBA) as of Q3 2018, up from 322 in Q2 2018.
  • Funds reported $8.6B of Pembina Pipeline stock for Q3 2018, up 2.8% quarter-over-quarter.
  • 32 funds opened new Pembina Pipeline positions in Q3 2018 and 26 closed out, a net change of +6 holders.
  • The largest Pembina Pipeline buyer in Q3 2018 was Deutsche Bank, an estimated $245M added.
  • The largest Pembina Pipeline seller in Q3 2018 was Goldman Sachs, an estimated $43.1M sold.

Based on aggregated 13F filings for Q3 2018.