We are live on ! Find out more
PBA icon

Pembina Pipeline

419 hedge funds and large institutions have $13.3B invested in Pembina Pipeline in 2025 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 153 increasing their positions, 131 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 31

17% more repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 131

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

9% more capital invested

Capital invested by funds: $12.2B → $13.3B (+$1.11B)

6% more funds holding

Funds holding: 395419 (+24)

0.37% more ownership

Funds ownership: 56.72%57.09% (+0.37%)

45% less call options, than puts

Call options by funds: $146M | Put options by funds: $266M

Holders
419
Holders Change
+24
Holders Change %
+6.08%
% of All Funds
5.62%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.13%
New
57
Increased
153
Reduced
131
Closed
31
Calls
$146M
Puts
$266M
Net Calls
-$120M
Net Calls Change
+$261M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.65B -$104M -2,768,718 -6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.01B +$15.4M +409,379 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$851M -$119M -3,159,007 -13%
Fidelity International
4
Fidelity International
Bermuda
$607M -$121M -3,221,812 -18%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$533M -$23M -613,913 -4%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$530M +$88.8M +2,367,512 +22%
Deutsche Bank
7
Deutsche Bank
Germany
$528M -$40M -1,065,375 -7%
Canada Pension Plan Investment Board
8
Canada Pension Plan Investment Board
Ontario, Canada
$336M
Goldman Sachs
9
Goldman Sachs
New York
$284M +$109M +2,908,920 +70%
TD Asset Management
10
TD Asset Management
Ontario, Canada
$278M +$6.04M +161,114 +2%
National Bank of Canada
11
National Bank of Canada
Quebec, Canada
$238M +$34.4M +917,921 +18%
Morgan Stanley
12
Morgan Stanley
New York
$226M +$32.6M +868,228 +18%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$219M -$61.3M -1,634,228 -23%
CIA
14
ClearBridge Investments (Australia)
Australia
$217M +$6.8M +181,242 +3%
SC
15
Scotia Capital
Ontario, Canada
$209M +$9.78M +260,804 +5%
Bank of America
16
Bank of America
North Carolina
$208M +$29.4M +783,496 +18%
CIBC Asset Management
17
CIBC Asset Management
Ontario, Canada
$205M -$28.7M -765,979 -13%
Norges Bank
18
Norges Bank
Norway
$192M +$5.08M +135,510 +3%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$183M -$62.5M -1,665,743 -27%
Legal & General Group
20
Legal & General Group
United Kingdom
$182M +$791K +21,077 +0.5%
Toronto Dominion Bank
21
Toronto Dominion Bank
Ontario, Canada
$166M -$3.72M -99,266 -2%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$165M +$18.8M +500,919 +14%
TCA
23
Tortoise Capital Advisors
Kansas
$164M -$5.15M -137,404 -3%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$161M +$86.6M +2,307,634 +137%
KACA
25
Kayne Anderson Capital Advisors
California
$156M -$6.14M -163,771 -4%