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Pembina Pipeline

391 hedge funds and large institutions have $13.4B invested in Pembina Pipeline in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 132 increasing their positions, 132 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

38% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 34

9% more capital invested

Capital invested by funds: $12.3B → $13.4B (+$1.11B)

2% more funds holding

Funds holding: 382391 (+9)

0% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 132

1.14% less ownership

Funds ownership: 56.88%55.74% (-1.1%)

74% less call options, than puts

Call options by funds: $132M | Put options by funds: $515M

Holders
391
Holders Change
+9
Holders Change %
+2.36%
% of All Funds
5.61%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.2%
New
47
Increased
132
Reduced
132
Closed
34
Calls
$132M
Puts
$515M
Net Calls
-$383M
Net Calls Change
-$160M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.77B -$183M -4,675,956 -10%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.09B +$44.5M +1,138,606 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$994M +$65.4M +1,671,561 +7%
Fidelity International
4
Fidelity International
Bermuda
$800M +$301M +7,692,627 +66%
Deutsche Bank
5
Deutsche Bank
Germany
$571M -$53.8M -1,375,710 -9%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$519M +$47.5M +1,215,167 +11%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$454M -$186M -4,766,017 -30%
Canada Pension Plan Investment Board
8
Canada Pension Plan Investment Board
Ontario, Canada
$346M
Bank of Nova Scotia
9
Bank of Nova Scotia
Ontario, Canada
$340M -$193M -4,935,510 -37%
Blackstone Inc
10
Blackstone Inc
New York
$314M -$4.79M -122,477 -2%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$266M +$65.8M +1,681,981 +35%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$264M +$18.8M +481,285 +8%
Connor, Clark & Lunn Investment Management (CC&L)
13
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$256M -$59.5M -1,523,015 -20%
CIA
14
ClearBridge Investments (Australia)
Australia
$256M -$13.4M -343,045 -5%
Legal & General Group
15
Legal & General Group
United Kingdom
$202M -$1.03M -26,398 -0.5%
SC
16
Scotia Capital
Ontario, Canada
$201M +$967K +24,731 +0.5%
Toronto Dominion Bank
17
Toronto Dominion Bank
Ontario, Canada
$194M -$54.3M -1,389,656 -23%
TCA
18
Tortoise Capital Advisors
Kansas
$172M -$15M -383,006 -8%
KACA
19
Kayne Anderson Capital Advisors
California
$171M +$21.5M +550,491 +15%
JP Morgan Chase
20
JP Morgan Chase
New York
$167M +$24.4M +624,958 +18%
Norges Bank
21
Norges Bank
Norway
$163M +$14M +358,841 +10%
National Bank of Canada
22
National Bank of Canada
Quebec, Canada
$146M -$6.17M -157,930 -4%
Morgan Stanley
23
Morgan Stanley
New York
$144M -$10.7M -274,307 -7%
Bank of America
24
Bank of America
North Carolina
$134M +$63.3M +1,618,262 +99%
Goldman Sachs
25
Goldman Sachs
New York
$131M -$233M -5,960,554 -65%

PBA Hedge Fund Activity: Q3 2024 in Review

391 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q3 2024, worth a combined $13.4B — up 9.1% from $12.3B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PBA positions and 34 closed out — a net gain of 13 holders — while 132 added to existing stakes and 132 trimmed.

The largest buyer was Fidelity International, adding an estimated $301M. The largest seller was Goldman Sachs, cutting an estimated $233M.

  • 391 institutional investors held Pembina Pipeline (PBA) as of Q3 2024, up from 382 in Q2 2024.
  • Funds reported $13.4B of Pembina Pipeline stock for Q3 2024, up 9.1% quarter-over-quarter.
  • 47 funds opened new Pembina Pipeline positions in Q3 2024 and 34 closed out, a net change of +13 holders.
  • The largest Pembina Pipeline buyer in Q3 2024 was Fidelity International, an estimated $301M added.
  • The largest Pembina Pipeline seller in Q3 2024 was Goldman Sachs, an estimated $233M sold.

Based on aggregated 13F filings for Q3 2024.