Pembina Pipeline
434 hedge funds and large institutions have $13.2B invested in Pembina Pipeline in 2026 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 148 increasing their positions, 132 reducing their positions, and 26 closing their positions.
162% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 26
12% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 132
10% more funds holding
Funds holding: 396 → 434 (+38)
9% more capital invested
Capital invested by funds: $12.1B → $13.2B (+$1.07B)
10% more call options, than puts
Call options by funds: $227M | Put options by funds: $207M
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3.66% less ownership
Funds ownership: 54.08% → 50.41% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$289M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$119M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$72.1M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$58.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$263M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$200M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$192M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$150M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$140M |
PBA Hedge Fund Activity: Q1 2026 in Review
434 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Pembina Pipeline (PBA) for Q1 2026, worth a combined $13.2B — up 8.9% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new PBA positions and 26 closed out — a net gain of 42 holders — while 148 added to existing stakes and 132 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $289M. The largest seller was Fidelity International, cutting an estimated $263M.
- 434 institutional investors held Pembina Pipeline (PBA) as of Q1 2026, up from 396 in Q4 2025.
- Funds reported $13.2B of Pembina Pipeline stock for Q1 2026, up 8.9% quarter-over-quarter.
- 68 funds opened new Pembina Pipeline positions in Q1 2026 and 26 closed out, a net change of +42 holders.
- The largest Pembina Pipeline buyer in Q1 2026 was ClearBridge Investments, an estimated $289M added.
- The largest Pembina Pipeline seller in Q1 2026 was Fidelity International, an estimated $263M sold.
Based on aggregated 13F filings for Q1 2026.