Pembina Pipeline
310 hedge funds and large institutions have $5.94B invested in Pembina Pipeline in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 117 increasing their positions, 100 reducing their positions, and 64 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 100
4.97% more ownership
Funds ownership: 52.75% → 57.71% (+5%)
4% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $10.8M
11% less funds holding
Funds holding: 349 → 310 (-39)
45% less capital invested
Capital invested by funds: $10.7B → $5.94B (-$4.79B)
55% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 64
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$163M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$138M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$137M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$131M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$108M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$99.7M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$94.9M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$53.1M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$42.4M |
PBA Hedge Fund Activity: Q1 2020 in Review
310 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q1 2020, worth a combined $5.94B — down 45% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of PBA and 29 opened new positions — a net loss of 35 holders — while 100 trimmed existing stakes and 117 added.
The largest buyer was Royal Bank of Canada, adding an estimated $163M. The largest seller was Alberta Investment Management Corp (AIMCo), cutting an estimated $108M.
- 310 institutional investors held Pembina Pipeline (PBA) as of Q1 2020, down from 349 in Q4 2019.
- Funds reported $5.94B of Pembina Pipeline stock for Q1 2020, down 45% quarter-over-quarter.
- 29 funds opened new Pembina Pipeline positions in Q1 2020 and 64 closed out, a net change of -35 holders.
- The largest Pembina Pipeline buyer in Q1 2020 was Royal Bank of Canada, an estimated $163M added.
- The largest Pembina Pipeline seller in Q1 2020 was Alberta Investment Management Corp (AIMCo), an estimated $108M sold.
Based on aggregated 13F filings for Q1 2020.