Vault-13

PEMBINA PIPELINE CORP PBA

COM · Common Stock · CUSIP 706327103 · ISIN CA7063271034

Transportation, midstream and gas service provider

384 institutional holders -9 vs Q1 2024
329,615,829329.6m shares reported held*
$12.3bnreported value*
25 new 146 added 128 reduced 31 sold out net bought ≈ $396.6m (+10.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($233.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.20. Options: 13 managers hold calls ($135.0m notional), 13 hold puts ($336.2m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 364Q4 22: 373Q1 23: 372Q2 23: 370Q3 23: 352Q4 23: 369Q1 24: 393Q2 24: 384384Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022364
Q4 2022373
Q1 2023372
Q2 2023370
Q3 2023352
Q4 2023369
Q1 2024393
Q2 2024384

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 160 bought or addedQ4 22: 143 cut or sold outQ4 22Q1 23: 155 bought or addedQ1 23: 156 cut or sold outQ2 23: 157 bought or addedQ2 23: 170 cut or sold outQ2 23Q3 23: 152 bought or addedQ3 23: 160 cut or sold outQ4 23: 165 bought or addedQ4 23: 158 cut or sold outQ4 23Q1 24: 187 bought or addedQ1 24: 155 cut or sold outQ2 24: 171 bought or addedQ2 24: 159 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022160143
Q1 2023155156
Q2 2023157170
Q3 2023152160
Q4 2023165158
Q1 2024187155
Q2 2024171159

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600mQ3 23 calls: $88.3mQ3 23 puts: $361.4mQ3 23P/C 4.09Q4 23 calls: $128.9mQ4 23 puts: $433.4mQ4 23P/C 3.36Q1 24 calls: $192.3mQ1 24 puts: $268.8mQ1 24P/C 1.40Q2 24 calls: $135.0mQ2 24 puts: $336.2mQ2 24P/C 2.49
Numbers
QuarterCallsPutsP/C
Q3 2023$88.3m$361.4m4.09
Q4 2023$128.9m$433.4m3.36
Q1 2024$192.3m$268.8m1.40
Q2 2024$135.0m$336.2m2.49

Biggest buyers

TORONTO DOMINION BANK Added +4,405,792+4.4m
BANK OF MONTREAL /CAN/ Added +3,522,918+3.5m
FIL Ltd Added +3,314,042+3.3m
CANADA PENSION PLAN INVESTMENT BOARD Added +3,043,200+3.0m
Capital World Investors Added +2,212,121+2.2m
GOLDMAN SACHS GROUP INC Added +1,796,416+1.8m
Connor, Clark & Lunn Investment Management Ltd. Added +1,764,902+1.8m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +1,386,351+1.4m
BANK OF NOVA SCOTIA Added +1,366,708+1.4m
ROYAL BANK OF CANADA Added +1,285,445+1.3m

Biggest sellers

MORGAN STANLEY Reduced -5,727,236-5.7m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -1,894,614-1.9m
HSBC HOLDINGS PLC Reduced -1,419,584-1.4m
MILLENNIUM MANAGEMENT LLC Reduced -1,405,889-1.4m
BANK OF AMERICA CORP /DE/ Reduced -1,388,580-1.4m
JPMORGAN CHASE & CO Reduced -1,298,790-1.3m
Sumitomo Mitsui Trust Group, Inc. Sold out -1,284,326-1.3m
Mirae Asset Global Investments Co., Ltd. Sold out -1,242,654-1.2m
MACKENZIE FINANCIAL CORP Reduced -873,757-873.8k
Point72 Asset Management, L.P. Reduced -651,422-651.4k

Biggest calls

SIG North Trading, ULC Reduced $35.0m943.0k shares
ROYAL BANK OF CANADA Reduced $29.4m792.0k shares
JANE STREET GROUP, LLC Reduced $28.9m780.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $17.8m480.0k shares
BANK OF MONTREAL /CAN/ Reduced $10.1m273.2k shares
GOLDMAN SACHS GROUP INC New $7.4m200.0k shares
CITADEL ADVISORS LLC Reduced $2.4m64.3k shares
D. E. Shaw & Co., Inc. Reduced $1.9m50.0k shares
SIMPLEX TRADING, LLC Reduced $1.1m28.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $864.0k23.3k shares

Biggest puts

ROYAL BANK OF CANADA Added $133.5m3.6m shares
SIG North Trading, ULC Added $62.0m1.7m shares
JANE STREET GROUP, LLC Unchanged $57.8m1.6m shares
CIBC WORLD MARKET INC. Reduced $40.4m1.1m shares
MILLENNIUM MANAGEMENT LLC Added $19.0m375.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $8.5m230.0k shares
GOLDMAN SACHS GROUP INC New $7.4m200.0k shares
D. E. Shaw & Co., Inc. Unchanged $4.2m112.5k shares
Genus Capital Management Inc. New $2.6m68.9k shares
CITADEL ADVISORS LLC Reduced $463.5k12.5k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.43% of their portfolio TORONTO, A6 47,702,27847.7m $1.8bn $1.8bn 0.43% Added +1.3m +1,285,445
2 BANK OF MONTREAL /CAN/ 0.28% of their portfolio TORONTO, A6 25,382,24625.4m $941.8m $941.8m 0.28% Added +3.5m +3,522,918
3 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 22,444,78722.4m $832.3m $832.3m 0.02% Added +391.3k +391,256
4 CIBC WORLD MARKET INC. 1.45% of their portfolio TORONTO, A6 15,774,08015.8m $584.9m $584.9m 1.45% Added +636.8k +636,789
5 DEUTSCHE BANK AG\ 0.25% of their portfolio FRANKFURT AM MAIN, 2M 15,209,99915.2m $564.0m $564.0m 0.25% Reduced -228.4k -228,420
6 BANK OF NOVA SCOTIA 0.96% of their portfolio TORONTO, A6 13,194,79013.2m $489.5m $489.5m 0.96% Added +1.4m +1,366,708
7 FIL Ltd 0.43% of their portfolio HAMILTON, D0 11,705,98211.7m $434.3m $434.3m 0.43% Added +3.3m +3,314,042
8 MACKENZIE FINANCIAL CORP 0.63% of their portfolio TORONTO ONTARIO, A6 11,384,38611.4m $422.5m $422.5m 0.63% Reduced -873.8k -873,757
9 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 9,143,6209.1m $339.0m $339.0m 0.07% Added +1.8m +1,796,416
10 TORONTO DOMINION BANK 0.53% of their portfolio TORONTO, ONTARIO, A6 8,938,4888.9m $331.4m $331.4m 0.53% Added +4.4m +4,405,792
11 CANADA PENSION PLAN INVESTMENT BOARD 0.31% of their portfolio TORONTO ONTARIO, A6 8,387,5258.4m $311.1m $311.1m 0.31% Added +3.0m +3,043,200
12 Blackstone Inc. 1.27% of their portfolio NEW YORK, NY 7,745,9317.7m $287.2m $287.2m 1.27% Reduced -23.7k -23,700
13 Connor, Clark & Lunn Investment Management Ltd. 1.21% of their portfolio VANCOUVER, A1 7,740,1207.7m $287.2m $287.2m 1.21% Added +1.8m +1,764,902
14 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 6,849,0246.8m $254.0m $254.0m 0.01% Reduced -1.3m -1,298,790
15 ClearBridge Investments Ltd 7.10% of their portfolio SYDNEY, C3 6,555,2026.6m $243.1m $243.1m 7.10% Reduced -617.9k -617,857
16 CIBC Asset Management Inc 0.78% of their portfolio TORONTO, Z4 5,924,7065.9m $219.7m $219.7m 0.78% Added +414.4k +414,419
17 Legal & General Group Plc 0.05% of their portfolio London, X0 4,919,0084.9m $182.5m $182.5m 0.05% Reduced -329.2k -329,199
18 SCOTIA CAPITAL INC. 1.05% of their portfolio TORONTO, A6 4,860,1254.9m $179.6m $179.6m 1.05% Reduced -44.2k -44,224
19 TD Asset Management Inc 0.16% of their portfolio Toronto, A6 4,759,8694.8m $176.6m $176.6m 0.16% Added +44.4k +44,441
20 TORTOISE CAPITAL ADVISORS, L.L.C. 2.23% of their portfolio OVERLAND PARK, KS 4,542,9974.5m $168.5m $168.5m 2.23% Added +291.5k +291,486
21 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,755,7073.8m $139.3m $139.3m 0.01% Reduced -5.7m -5,727,236
22 NATIONAL BANK OF CANADA /FI/ 0.21% of their portfolio MONTREAL, A8 3,703,8023.7m $136.4m $136.4m 0.21% Reduced -291.8k -291,836
23 NORGES BANK 0.02% of their portfolio OSLO, Q8 3,607,7733.6m $133.9m $133.9m 0.02% Reduced -41.6k -41,576
24 KAYNE ANDERSON CAPITAL ADVISORS LP 3.59% of their portfolio LOS ANGELES, CA 3,604,7073.6m $133.7m $133.7m 3.59% Added +635.3k +635,267
25 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 3,157,2753.2m $117.1m $117.1m 0.02% Added +2.2m +2,212,121
26 Cardinal Capital Management, Inc. 4.11% of their portfolio WINNIPEG, A2 2,885,0882.9m $107.0m $107.0m 4.11% Added +218.9k +218,902
27 Amundi 0.04% of their portfolio Paris, I0 2,583,5622.6m $97.2m $97.2m 0.04% Added +3.9k +3,902
28 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,463,4462.5m $92.5m $92.5m 0.01% Added +215.7k +215,718
29 DekaBank Deutsche Girozentrale 0.15% of their portfolio FRANKFURT, 2M 2,188,9942.2m $81.4m $81.4m 0.15% Added +6.1k +6,105
30 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.17% of their portfolio CAUSEWAY BAY, K3 1,877,5151.9m $69.6m $69.6m 0.17% First filing
31 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 1,844,0021.8m $68.3m $68.3m 0.06% Reduced -112.9k -112,874
32 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.87% of their portfolio CHICAGO, IL 1,835,5751.8m $68.1m $68.1m 0.87% Reduced -32.7k -32,701
33 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 1,801,1391.8m $72.0m $72.0m 0.02% Reduced -171.5k -171,503
34 Swiss National Bank 0.04% of their portfolio ZURICH, V8 1,738,7961.7m $64.5m $64.5m 0.04% Added +79.4k +79,400
35 WESTWOOD HOLDINGS GROUP INC 0.30% of their portfolio DALLAS, TX 1,727,0801.7m $64.0m $64.0m 0.30% Reduced -498.8k -498,836
36 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,709,0251.7m $63.4m $63.4m 0.02% Reduced -15.4k -15,448
37 Alberta Investment Management Corp 0.65% of their portfolio EDMONTON, A0 1,652,1951.7m $61.3m $61.3m 0.65% Unchanged
38 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,629,8291.6m $60.4m $60.4m 0.01% Reduced -1.4m -1,388,580
39 1832 Asset Management L.P. 0.11% of their portfolio TORONTO, A6 1,627,6501.6m $60.4m $60.4m 0.11% Added +253.3k +253,291
40 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.18% of their portfolio TORONTO, A6 1,600,0001.6m $59.4m $59.4m 0.18% Added +570.0k +570,000
41 Recurrent Investment Advisors LLC 6.28% of their portfolio HOUSTON, TX 1,596,6281.6m $59.7m $59.7m 6.28% Added +175.6k +175,593
42 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,525,9451.5m $56.6m $56.6m 0.01% Added +174.6k +174,601
43 TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio NEW YORK, NY 1,509,7961.5m $56.0m $56.0m 0.13% Reduced -8.5k -8,500
44 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 4.21% of their portfolio DALLAS, TX 1,429,8051.4m $53.0m $53.0m 4.21% Reduced -27.0k -27,000
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,386,3511.4m $51.4m $51.4m 0.01% New
46 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,258,5501.3m $46.7m $46.7m 0.01% Reduced -141.4k -141,400
47 Federation des caisses Desjardins du Quebec 0.28% of their portfolio LEVIS, A8 1,253,4371.3m $51.4m $51.4m 0.28% Added +463.0k +463,002
48 UniSuper Management Pty Ltd 0.50% of their portfolio Melbourne, Victoria, C3 1,198,0561.2m $60.8m $60.8m 0.50% Reduced -230.7k -230,713
49 INTACT INVESTMENT MANAGEMENT INC. 1.50% of their portfolio MONTREAL, A8 1,078,9941.1m $40.0m $40.0m 1.50% Added +461.4k +461,430
50 Fiera Capital Corp 0.12% of their portfolio MONTREAL, A8 1,035,4441.0m $38.4m $38.4m 0.12% Added +228.8k +228,830
51 TD Waterhouse Canada Inc. 0.30% of their portfolio TORONTO, A6 907,063907.1k $33.6m $33.6m 0.30% Added +39.8k +39,798
52 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 900,216900.2k $33.4m $33.4m 0.05% Added +55.5k +55,484
53 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 897,038897.0k $33.3m $33.3m 0.01% Added +48.3k +48,346
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 890,911890.9k $33.0m $33.0m 0.01% New
55 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 839,317839.3k $31.1m $31.1m 0.03% Reduced -30.1k -30,129
56 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 834,405834.4k $30.9m $30.9m 0.01% Reduced -6.6k -6,593
57 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.68% of their portfolio MISSISSAUGA, A6 817,061817.1k $30.3m $30.3m 3.68% Reduced -10.4k -10,434
58 Triasima Portfolio Management inc. 2.66% of their portfolio MONTREAL, A8 784,516784.5k $29.1m $29.1m 2.66% Added +258.6k +258,575
59 Brookfield Corp /ON/ 0.17% of their portfolio TORONTO, A6 717,802717.8k $26.6m $26.6m 0.17% Added +208.6k +208,591
60 Quadrature Capital Ltd 0.44% of their portfolio LONDON, X0 713,000713.0k $26.4m $26.4m 0.44% Added +371.7k +371,700
61 TWO SIGMA ADVISERS, LP 0.06% of their portfolio NEW YORK, NY 710,783710.8k $26.4m $26.4m 0.06% Reduced -1.2k -1,200
62 Maryland State Retirement & Pension System 0.48% of their portfolio BALTIMORE, MD 704,451704.5k $26.1m $26.1m 0.48% Reduced -20.5k -20,536
63 CANADA LIFE ASSURANCE Co 0.05% of their portfolio WINNIPEG, A2 664,926664.9k $24.6m $24.6m 0.05% Reduced -16.9k -16,936
64 Clearbridge Investments, LLC 0.02% of their portfolio NEW YORK, NY 649,778649.8k $24.1m $24.1m 0.02% Added +622.2k +622,202
65 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 644,268644.3k $23.9m $23.9m 0.02% Reduced -18.3k -18,276
66 Korea Investment CORP 0.06% of their portfolio SEOUL, M5 639,150639.1k $23.7m $23.7m 0.06% Added +431.5k +431,496
67 Man Group plc 0.06% of their portfolio LONDON, X0 636,897636.9k $23.6m $23.6m 0.06% Reduced -51.0k -50,966
68 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.14% of their portfolio VICTORIA, A1 614,762614.8k $22.8m $22.8m 0.14% Reduced -1.9m -1,894,614
69 Addenda Capital Inc. 1.21% of their portfolio MONTREAL, A8 606,187606.2k $30.8m $30.8m 1.21% Reduced -29.1k -29,065
70 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 568,398568.4k $21.1m $21.1m 0.03% Added +225.8k +225,779
71 UBS Group AG 0.01% of their portfolio ZURICH, V8 514,833514.8k $19.1m $19.1m 0.01% Added +119.7k +119,723
72 BlackRock Inc. 0.00% of their portfolio New York, NY 493,553493.6k $18.3m $18.3m 0.00% Added +34.5k +34,533
73 GUARDIAN CAPITAL LP 0.69% of their portfolio TORONTO, A6 492,185492.2k $18.3m $18.3m 0.69% Reduced -17.4k -17,441
74 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 476,042476.0k $17.7m $17.7m 0.00% Added +13.2k +13,209
75 JARISLOWSKY, FRASER Ltd 0.10% of their portfolio MONTREAL, A8 464,899464.9k $17.2m $17.2m 0.10% Reduced -32.1k -32,072
76 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 427,724427.7k $15.9m $15.9m 0.02% Added +4.3k +4,296
77 MILLER HOWARD INVESTMENTS INC /NY 0.52% of their portfolio KINGSTON, NY 425,991426.0k $15.8m $15.8m 0.52% Added +67.7k +67,737
78 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 400,285400.3k $14.8m $14.8m 0.01% Reduced -8.8k -8,837
79 Catalyst Capital Advisors LLC 0.28% of their portfolio San Juan, PR 329,879329.9k $12.2m $12.2m 0.28% Added +10.0k +10,042
80 Point72 Europe (London) LLP 1.00% of their portfolio LONDON, X0 319,600319.6k $11.9m $11.9m 1.00% New
81 State of Tennessee, Department of Treasury 0.04% of their portfolio NASHVILLE, TN 318,501318.5k $11.8m $11.8m 0.04% Added +4.2k +4,170
82 AVIVA PLC 0.03% of their portfolio LONDON, X0 312,513312.5k $11.6m $11.6m 0.03% Added +190.9k +190,859
83 MUFG SECURITIES (CANADA), LTD. 0.75% of their portfolio NEW YORK, NY 306,718306.7k $11.4m $11.4m 0.75% Added +306.4k +306,433
84 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 297,831297.8k $11.0m $11.0m 0.01% Reduced -381.6k -381,650
85 CIBC Private Wealth Group LLC 0.02% of their portfolio ATLANTA, GA 288,174288.2k $10.7m $10.7m 0.02% Added +30.3k +30,343
86 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 285,623285.6k $10.6m $10.6m 0.00% Reduced -1.3k -1,281
87 FEDERATED HERMES, INC. 0.02% of their portfolio PITTSBURGH, PA 277,627277.6k $10.3m $10.3m 0.02% Reduced -14.4k -14,435
88 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 264,075264.1k $9.9m $9.9m 0.01% Added +17.2k +17,168
89 MORGAN DEMPSEY CAPITAL MANAGEMENT LLC 3.22% of their portfolio MILWAUKEE, WI 260,286260.3k $9.7m $9.7m 3.22% Reduced -7.4k -7,393
90 Harvest Portfolios Group Inc. 0.37% of their portfolio Oakville, A6 258,777258.8k $9.6m $9.6m 0.37% Added +5.7k +5,660
91 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 250,278250.3k $9.3m $9.3m 0.03% Reduced -651.4k -651,422
92 CIDEL ASSET MANAGEMENT INC 0.72% of their portfolio TORONTO, A6 249,603249.6k $9.3m $9.3m 0.72% Added +6.8k +6,760
93 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.21% of their portfolio BALA CYNWYD, PA 245,800245.8k $9.1m $9.1m 0.21% Unchanged
94 GUARDIAN CAPITAL ADVISORS LP 0.97% of their portfolio TORONTO, A6 242,838242.8k $9.1m $9.1m 0.97% Reduced -1.6k -1,589
95 Hillsdale Investment Management Inc. 0.70% of their portfolio Toronto, A6 241,141241.1k $8.9m $8.9m 0.70% Added +168.4k +168,439
96 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 232,656232.7k $8.6m $8.6m 0.01% Added +148.8k +148,826
97 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 223,468223.5k $8.3m $8.3m 0.00% Added +183.3k +183,275
98 BANK OF NOVA SCOTIA TRUST CO 0.86% of their portfolio TORONTO, A6 208,427208.4k $7.7m $7.7m 0.86% Added +91.6k +91,621
99 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 200,033200.0k $7.4m $7.4m 0.00% Added +8.7k +8,720
100 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 199,012199.0k $7.4m $7.4m 0.01% Added +424 +424