Pembina Pipeline
289 hedge funds and large institutions have $6.65B invested in Pembina Pipeline in 2020 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 93 increasing their positions, 109 reducing their positions, and 40 closing their positions.
106% more call options, than puts
Call options by funds: $36.3M | Put options by funds: $17.6M
1% less ownership
Funds ownership: 57.28% → 56.27% (-1%)
5% less funds holding
Funds holding: 305 → 289 (-16)
15% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 109
16% less capital invested
Capital invested by funds: $7.94B → $6.65B (-$1.29B)
30% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 40
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$134M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$32.9M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$31M |
| 4 |
Goldman Sachs
New York
|
+$20.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$76M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$74.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$33.2M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$30.3M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$29.3M |
PBA Hedge Fund Activity: Q3 2020 in Review
289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q3 2020, worth a combined $6.65B — down 16% from $7.94B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of PBA and 28 opened new positions — a net loss of 12 holders — while 109 trimmed existing stakes and 93 added.
The largest buyer was Deutsche Bank, adding an estimated $134M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $76M.
- 289 institutional investors held Pembina Pipeline (PBA) as of Q3 2020, down from 305 in Q2 2020.
- Funds reported $6.65B of Pembina Pipeline stock for Q3 2020, down 16% quarter-over-quarter.
- 28 funds opened new Pembina Pipeline positions in Q3 2020 and 40 closed out, a net change of -12 holders.
- The largest Pembina Pipeline buyer in Q3 2020 was Deutsche Bank, an estimated $134M added.
- The largest Pembina Pipeline seller in Q3 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $76M sold.
Based on aggregated 13F filings for Q3 2020.