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Pembina Pipeline

349 hedge funds and large institutions have $9.12B invested in Pembina Pipeline in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 129 increasing their positions, 119 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 119

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

0.28% less ownership

Funds ownership: 55.16%54.88% (-0.28%)

5% less capital invested

Capital invested by funds: $9.61B → $9.12B (-$487M)

5% less funds holding

Funds holding: 369349 (-20)

37% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 41

72% less call options, than puts

Call options by funds: $114M | Put options by funds: $404M

Holders
349
Holders Change
-20
Holders Change %
-5.42%
% of All Funds
5.54%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
26
Increased
129
Reduced
119
Closed
41
Calls
$114M
Puts
$404M
Net Calls
-$291M
Net Calls Change
+$17.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.45B +$104M +3,377,166 +8%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$678M +$7M +227,273 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$638M +$10.8M +351,266 +2%
Bank of Nova Scotia
4
Bank of Nova Scotia
Ontario, Canada
$441M +$13.7M +445,262 +3%
Deutsche Bank
5
Deutsche Bank
Germany
$403M +$4.05M +131,487 +1%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$389M +$60.3M +1,957,884 +18%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$344M +$16.5M +534,743 +5%
Fidelity International
8
Fidelity International
Bermuda
$287M -$32.7M -1,061,840 -10%
Blackstone Inc
9
Blackstone Inc
New York
$243M -$74.5M -2,418,360 -23%
CIA
10
ClearBridge Investments (Australia)
Australia
$197M -$7.06M -229,262 -3%
National Bank of Canada
11
National Bank of Canada
Quebec, Canada
$186M +$1.06M +34,475 +0.5%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$178M +$10.2M +332,665 +6%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$170M -$31.7M -1,028,499 -15%
Toronto Dominion Bank
14
Toronto Dominion Bank
Ontario, Canada
$163M -$14.3M -463,839 -8%
SC
15
Scotia Capital
Ontario, Canada
$148M +$1.45M +46,912 +1%
Legal & General Group
16
Legal & General Group
United Kingdom
$147M +$5.57M +180,798 +4%
TD Asset Management
17
TD Asset Management
Ontario, Canada
$140M -$3.01M -97,795 -2%
TCA
18
Tortoise Capital Advisors
Kansas
$136M -$3.04M -98,734 -2%
Norges Bank
19
Norges Bank
Norway
$129M +$2.66M +86,492 +2%
Goldman Sachs
20
Goldman Sachs
New York
$127M -$27.4M -890,239 -17%
JP Morgan Chase
21
JP Morgan Chase
New York
$113M +$4.54M +147,222 +4%
CCMIC
22
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$81M +$1.58M +51,359 +2%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
23
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$79.4M +$62.8M +2,040,000 +340%
KACA
24
Kayne Anderson Capital Advisors
California
$75M -$5.02M -162,800 -6%
Canada Life
25
Canada Life
Manitoba, Canada
$70.8M -$1.52M -49,445 -2%

PBA Hedge Fund Activity: Q3 2023 in Review

349 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q3 2023, worth a combined $9.12B — down 5.1% from $9.61B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of PBA and 26 opened new positions — a net loss of 15 holders — while 119 trimmed existing stakes and 129 added.

The largest buyer was Royal Bank of Canada, adding an estimated $104M. The largest seller was Blackstone Inc, cutting an estimated $74.5M.

  • 349 institutional investors held Pembina Pipeline (PBA) as of Q3 2023, down from 369 in Q2 2023.
  • Funds reported $9.12B of Pembina Pipeline stock for Q3 2023, down 5.1% quarter-over-quarter.
  • 26 funds opened new Pembina Pipeline positions in Q3 2023 and 41 closed out, a net change of -15 holders.
  • The largest Pembina Pipeline buyer in Q3 2023 was Royal Bank of Canada, an estimated $104M added.
  • The largest Pembina Pipeline seller in Q3 2023 was Blackstone Inc, an estimated $74.5M sold.

Based on aggregated 13F filings for Q3 2023.