Pembina Pipeline
367 hedge funds and large institutions have $10.6B invested in Pembina Pipeline in 2023 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 120 increasing their positions, 122 reducing their positions, and 35 closing their positions.
60% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 35
16% more capital invested
Capital invested by funds: $9.12B → $10.6B (+$1.43B)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more funds holding
Funds holding: 350 → 367 (+17)
0.75% more ownership
Funds ownership: 54.88% → 55.63% (+0.75%)
2% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 122
63% less call options, than puts
Call options by funds: $178M | Put options by funds: $485M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$64.3M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$60.2M |
| 3 |
Goldman Sachs
New York
|
+$59.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$30.3M |
| 5 |
Neuberger Berman Group
New York
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$72.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$54.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$54.1M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$41.1M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$28.5M |
PBA Hedge Fund Activity: Q4 2023 in Review
367 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q4 2023, worth a combined $10.6B — up 16% from $9.12B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new PBA positions and 35 closed out — a net gain of 21 holders — while 120 added to existing stakes and 122 trimmed.
The largest buyer was CIBC World Market, adding an estimated $64.3M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, cutting an estimated $72.4M.
- 367 institutional investors held Pembina Pipeline (PBA) as of Q4 2023, up from 350 in Q3 2023.
- Funds reported $10.6B of Pembina Pipeline stock for Q4 2023, up 16% quarter-over-quarter.
- 56 funds opened new Pembina Pipeline positions in Q4 2023 and 35 closed out, a net change of +21 holders.
- The largest Pembina Pipeline buyer in Q4 2023 was CIBC World Market, an estimated $64.3M added.
- The largest Pembina Pipeline seller in Q4 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $72.4M sold.
Based on aggregated 13F filings for Q4 2023.