Vault-13

PLAINS ALL AMERN PIPELINE L PAA

UNIT LTD PARTN · MLP · CUSIP 726503105

Midstream oil and gas company

335 institutional holders +11 vs Q3 2022
304,109,570304.1m shares reported held*
$3.5bnreported value*
29 new 96 added 98 reduced 24 sold out net bought ≈ $20.2m (+2.0m 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 ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.67. Options: 13 managers hold calls ($124.0m notional), 10 hold puts ($91.2m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 324Q4 22: 335335Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022324
Q4 2022335

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 22 calls: $102.0mQ3 22 puts: $83.2mQ3 22P/C 0.82Q4 22 calls: $124.0mQ4 22 puts: $91.2mQ4 22P/C 0.74
Numbers
QuarterCallsPutsP/C
Q3 2022$102.0m$83.2m0.82
Q4 2022$124.0m$91.2m0.74

Biggest buyers

MORGAN STANLEY Added +3,915,370+3.9m
ING GROEP NV Added +3,750,000+3.8m
GOLDMAN SACHS GROUP INC Added +3,225,580+3.2m
WESTWOOD HOLDINGS GROUP INC New +3,188,406+3.2m
Invesco Ltd. Added +1,606,654+1.6m
Mirae Asset Global Investments Co., Ltd. Added +1,265,339+1.3m
NATIXIS Added +1,152,200+1.2m
UBS Group AG Added +1,088,123+1.1m
BNP PARIBAS FINANCIAL MARKETS Added +1,006,463+1.0m
Fractal Investments LLC Added +840,867+840.9k

Biggest sellers

Blackstone Inc. Reduced -5,024,027-5.0m
BANK OF AMERICA CORP /DE/ Reduced -3,727,551-3.7m
Salient Capital Advisors, LLC Sold out -3,325,672-3.3m
TORTOISE CAPITAL ADVISORS, L.L.C. Reduced -2,199,204-2.2m
Brookfield Corp /ON/ Reduced -2,131,464-2.1m
CHICKASAW CAPITAL MANAGEMENT LLC Reduced -955,599-955.6k
CITADEL ADVISORS LLC Sold out -952,597-952.6k
ALPS ADVISORS INC Reduced -800,411-800.4k
CIBC Private Wealth Group LLC Reduced -772,120-772.1k
Qube Research & Technologies Ltd Sold out -446,731-446.7k

Biggest calls

GROUP ONE TRADING LLC Added $39.7m3.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $36.4m3.1m shares
CITADEL ADVISORS LLC Added $12.3m1.0m shares
JANE STREET GROUP, LLC Reduced $10.7m907.8k shares
UBS Group AG New $8.2m700.0k shares
SIMPLEX TRADING, LLC Added $6.0m507.3k shares
CMT Capital Markets Trading GmbH Reduced $4.0m37.3k shares
BANK OF AMERICA CORP /DE/ New $2.9m250.0k shares
Walleye Trading LLC Reduced $1.8m150.8k shares
CITIGROUP INC Unchanged $1.8m150.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $48.8m4.1m shares
GROUP ONE TRADING LLC Reduced $15.5m1.3m shares
JANE STREET GROUP, LLC Reduced $9.9m839.5k shares
Walleye Trading LLC Added $8.2m700.1k shares
CITADEL ADVISORS LLC Reduced $5.6m475.4k shares
SIMPLEX TRADING, LLC Added $2.0m171.5k shares
Verition Fund Management LLC New $1.2m100.0k shares
HAP Trading, LLC Reduced $8.0k21.7k shares
Cutler Group LLC / CA Reduced $3.0k8.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
ALPS ADVISORS INC 13G · institution -0.2 pts · filed 2026-10-07 9.8% -0.2 pts 69.3m≈ $1.5bn 2026-10-07

Fell to 5% or below in the last year: CIBC Private Wealth Group LLC (0.0%, 2026-10-05)

Insider purchases and sales in Q4 2022

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 0 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20210—0——
Q1 20220—0——
Q2 20221$2.0m0——
Q3 20220—0——
Q4 20220—0——

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALPS ADVISORS INC 5.80% of their portfolio Denver, CO 55,337,10155.3m $650.8m $650.8m 5.80% Reduced -800.4k -800,411
2 Invesco Ltd. 0.09% of their portfolio ATLANTA, GA 27,535,57327.5m $323.8m $323.8m 0.09% Added +1.6m +1,606,654
3 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 22,472,37622.5m $264.3m $264.3m 0.08% Added +3.2m +3,225,580
4 TORTOISE CAPITAL ADVISORS, L.L.C. 3.47% of their portfolio OVERLAND PARK, KS 19,666,77619.7m $231.3m $231.3m 3.47% Reduced -2.2m -2,199,204
5 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 13,389,09713.4m $157.5m $157.5m 0.02% Added +3.9m +3,915,370
6 PATHSTONE FAMILY OFFICE, LLC 0.95% of their portfolio ENGLEWOOD, NJ 11,379,83211.4m $112.3m $112.3m 0.95% Reduced -1.6k -1,644
7 KAYNE ANDERSON CAPITAL ADVISORS LP 3.46% of their portfolio LOS ANGELES, CA 9,984,05010.0m $117.4m $117.4m 3.46% Unchanged
8 Mirae Asset Global Investments Co., Ltd. 0.30% of their portfolio SEOUL, M5 9,647,2399.6m $113.5m $113.5m 0.30% Added +1.3m +1,265,339
9 UBS Group AG 0.05% of their portfolio ZURICH, V8 8,878,0008.9m $104.4m $104.4m 0.05% Added +1.1m +1,088,123
10 Blackstone Inc. 0.35% of their portfolio NEW YORK, NY 7,744,2367.7m $91.1m $91.1m 0.35% Reduced -5.0m -5,024,027
11 ING GROEP NV 0.90% of their portfolio AMSTERDAM, P7 7,652,9007.7m $90.0m $90.0m 0.90% Added +3.8m +3,750,000
12 Clearbridge Investments, LLC 0.08% of their portfolio NEW YORK, NY 6,837,9536.8m $80.4m $80.4m 0.08% Added +329.2k +329,250
13 CIBC Private Wealth Group LLC 0.24% of their portfolio ATLANTA, GA 6,034,3616.0m $70.5m $70.5m 0.24% Reduced -772.1k -772,120
14 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 5,892,8525.9m $69.3m $69.3m 0.04% Added +42.8k +42,793
15 CHICKASAW CAPITAL MANAGEMENT LLC 3.53% of their portfolio MEMPHIS, TN 5,673,3845.7m $66.7m $66.7m 3.53% Reduced -955.6k -955,599
16 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,255,0415.3m $61.8m $61.8m 0.01% Added +383.6k +383,591
17 Brookfield Corp /ON/ 0.21% of their portfolio TORONTO, A6 4,787,9744.8m $56.3m $56.3m 0.21% Reduced -2.1m -2,131,464
18 NATIXIS 0.29% of their portfolio PARIS, I0 4,141,7004.1m $48.7m $48.7m 0.29% Added +1.2m +1,152,200
19 EAGLE GLOBAL ADVISORS LLC 3.15% of their portfolio Houston, TX 3,885,1623.9m $45.7m $45.7m 3.15% Added +513.1k +513,130
20 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 3,675,1393.7m $43.2m $43.2m 0.11% Added +1.0m +1,006,463
21 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 3,526,1013.5m $41.5m $41.5m 0.04% First filing
22 INFRASTRUCTURE CAPITAL ADVISORS, LLC 7.91% of their portfolio New York, NY 3,378,1503.4m $39.7m $39.7m 7.91% Added +400.9k +400,943
23 WESTWOOD HOLDINGS GROUP INC 0.33% of their portfolio DALLAS, TX 3,188,4063.2m $37.5m $37.5m 0.33% New
24 Energy Income Partners, LLC 0.80% of their portfolio Westport, CT 3,004,5263.0m $35.3m $35.3m 0.80% Added +113.0k +113,000
25 Fractal Investments LLC 8.37% of their portfolio Glastonbury, CT 2,988,0583.0m $35.1m $35.1m 8.37% Added +840.9k +840,867
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,965,5223.0m $34.9m $34.9m 0.00% Reduced -3.7m -3,727,551
27 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,495,4582.5m $29.3m $29.3m 0.01% Reduced -152.8k -152,809
28 MILLER HOWARD INVESTMENTS INC /NY 1.05% of their portfolio KINGSTON, NY 2,474,4112.5m $29.1m $29.1m 1.05% Reduced -15.1k -15,134
29 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.35% of their portfolio CHICAGO, IL 2,439,9002.4m $28.7m $28.7m 0.35% Unchanged
30 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 6.06% of their portfolio BOSTON, MA 2,274,1542.3m $26.7m $26.7m 6.06% Unchanged
31 COHEN & STEERS, INC. 0.06% of their portfolio NEW YORK, NY 2,138,4622.1m $25.1m $25.1m 0.06% Reduced -153.5k -153,480
32 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio BOSTON, MA 1,657,6681.7m $19.5m $19.5m 0.03% Reduced -12.5k -12,468
33 Fayez Sarofim & Co 0.07% of their portfolio Houston, TX 1,652,7871.7m $19.4m $19.4m 0.07% Reduced -97 -97
34 HENNESSY ADVISORS INC 1.08% of their portfolio NOVATO, CA 1,400,1361.4m $16.5m $16.5m 1.08% Reduced -30.1k -30,100
35 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 1,260,1861.3m $14.8m $14.8m 0.02% Added +77.1k +77,052
36 Strategic Income Management, LLC 11.10% of their portfolio SEATTLE, WA 1,181,4041.2m $13.8m $13.8m 11.10% First filing
37 HRT FINANCIAL LP 0.18% of their portfolio NEW YORK, NY 1,072,5541.1m $12.6m $12.6m 0.18% Added +701.4k +701,415
38 Bollard Group LLC 0.41% of their portfolio BOSTON, MA 902,664902.7k $10.6m $10.6m 0.41% Added +758 +758
39 SG Americas Securities, LLC 0.13% of their portfolio NEW YORK, NY 752,483752.5k $8.8m $8.8m 0.13% Added +141.0k +140,953
40 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 747,178747.2k $8.8m $8.8m 0.02% Reduced -176.8k -176,808
41 Adams Asset Advisors, LLC 1.18% of their portfolio DALLAS, TX 746,648746.6k $8.8m $8.8m 1.18% Added +1.7k +1,735
42 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 739,272739.3k $8.7m $8.7m 0.00% Reduced -861 -861
43 Mariner, LLC 0.03% of their portfolio Overland Park, KS 667,218667.2k $7.8m $7.8m 0.03% Added +70.9k +70,928
44 ICON ADVISERS INC/CO 1.80% of their portfolio GREENWOOD VILLAGE, CO 597,000597.0k $7.0m $7.0m 1.80% Reduced -23.0k -23,000
45 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 569,980570.0k $6.7m $6.7m 0.00% Reduced -1.2k -1,226
46 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.11% of their portfolio BALA CYNWYD, PA 553,468553.5k $6.5m $6.5m 0.11% Reduced -270.5k -270,546
47 RR Advisors, LLC 1.08% of their portfolio DALLAS, TX 547,000547.0k $6.4m $6.4m 1.08% Reduced -1.0k -1,000
48 Tortoise Index Solutions, LLC 0.43% of their portfolio OVERLAND PARK, KS 539,116539.1k $2.3m $2.3m 0.43% Added +119.6k +119,632
49 Sovereign Investment Advisors, LLC 2.61% of their portfolio PHOENIX, AZ 528,931528.9k $6.2m $6.2m 2.61% Unchanged
50 Jump Financial, LLC 0.32% of their portfolio Chicago, IL 519,754519.8k $6.1m $6.1m 0.32% Reduced -116.3k -116,280
51 FMR LLC 0.00% of their portfolio BOSTON, MA 488,569488.6k $5.7m $5.7m 0.00% Reduced -63.2k -63,162
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 433,079433.1k $5.1m $5.1m 0.00% Added +12.1k +12,068
53 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 419,650419.6k $4.9m $4.9m 0.00% Added +69.8k +69,811
54 Price Jennifer C. 1.18% of their portfolio NEW YORK, NY 418,581418.6k $4.9m $4.9m 1.18% Unchanged
55 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 413,461413.5k $4.9m $4.9m 0.01% Added +11.2k +11,160
56 AMERICAN FINANCIAL GROUP INC 1.62% of their portfolio CINCINNATI, OH 412,500412.5k $4.9m $4.9m 1.62% Unchanged
57 CWA Asset Management Group, LLC 0.39% of their portfolio NAPLES, FL 408,795408.8k $4.8m $4.8m 0.39% Added +17.9k +17,943
58 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.78% of their portfolio Fort Collins, CO 396,664396.7k $4.7m $4.7m 0.78% Unchanged
59 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 387,796387.8k $4.6m $4.6m 0.00% Unchanged
60 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 335,083335.1k $3.9m $3.9m 0.01% Reduced -8.8k -8,776
61 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 333,732333.7k $3.9m $3.9m 0.01% Added +21.3k +21,280
62 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 333,521333.5k $3.9m $3.9m 0.01% First filing
63 CASTLEARK MANAGEMENT LLC 0.20% of their portfolio CHICAGO, IL 322,359322.4k $3.8m $3.8m 0.20% Added +77.0k +77,040
64 Texas Yale Capital Corp. 0.21% of their portfolio ST. PETERSBURG, FL 314,300314.3k $3.7m $3.7m 0.21% Added +35.0k +35,000
65 Walleye Trading LLC 0.09% of their portfolio NEW YORK, NY 305,111305.1k $3.6m $3.6m 0.09% Reduced -77.4k -77,418
66 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 303,003303.0k $3.6m $3.6m 0.01% Unchanged
67 GLENMEDE TRUST CO NA 0.02% of their portfolio PHILADELPHIA, PA 294,297294.3k $3.5m $3.5m 0.02% Added +97.6k +97,592
68 SPIRIT OF AMERICA MANAGEMENT CORP/NY 0.78% of their portfolio SYOSSET, NY 294,000294.0k $3.5m $3.5m 0.78% Unchanged
69 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.30% of their portfolio DALLAS, TX 268,765268.8k $3.2m $3.2m 0.30% Reduced -66.2k -66,230
70 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 265,547265.5k $3.1m $3.1m 0.00% Reduced -16.9k -16,923
71 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 236,395236.4k $2.8m $2.8m 0.00% Added +18.1k +18,092
72 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 232,895232.9k $2.7m $2.7m 0.06% Added +5.8k +5,842
73 Morningstar Investment Management LLC 0.45% of their portfolio CHICAGO, IL 227,296227.3k $2.7m $2.7m 0.45% Reduced -15.3k -15,279
74 Chicago Partners Investment Group LLC 0.16% of their portfolio CHICAGO, IL 202,297202.3k $2.5m $2.5m 0.16% Reduced -240 -240
75 Crescent Grove Advisors, LLC 0.24% of their portfolio LAKE FOREST, IL 197,668197.7k $2.3m $2.3m 0.24% Added +24.2k +24,226
76 Amundi 0.00% of their portfolio Paris, I0 194,305194.3k $2.3m $2.3m 0.00% New
77 BlackRock Inc. 0.00% of their portfolio New York, NY 192,759192.8k $2.3m $2.3m 0.00% Reduced -12.1k -12,114
78 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 183,211183.2k $2.2m $2.2m 0.00% Added +23.3k +23,327
79 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 181,416181.4k $2.1m $2.1m 0.00% Added +32.3k +32,318
80 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 181,368181.4k $2.1m $2.1m 0.00% Reduced -8.9k -8,914
81 U.S. Capital Wealth Advisors, LLC 0.10% of their portfolio AUSTIN, TX 177,507177.5k $2.1m $2.1m 0.10% Reduced -5.7k -5,660
82 Magnetar Financial LLC 0.03% of their portfolio EVANSTON, IL 162,159162.2k $1.9m $1.9m 0.03% Unchanged
83 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 160,688160.7k $1.9m $1.9m 0.00% Reduced -186.6k -186,561
84 WALNUT PRIVATE EQUITY PARTNERS, LLC 1.79% of their portfolio OMAHA, NE 160,000160.0k $1.9m $1.9m 1.79% New
85 Moody Aldrich Partners LLC 0.38% of their portfolio MARBLEHEAD, MA 158,390158.4k $1.9m $1.9m 0.38% Added +53.5k +53,467
86 Ergoteles LLC 0.00% of their portfolio NEW YORK, NY 157,949157.9k $6.8k $6.8k 0.00% New
87 ELCO Management Co., LLC 1.37% of their portfolio New York, NY 154,525154.5k $1.8m $1.8m 1.37% Reduced -35 -35
88 Aviance Capital Partners, LLC 0.42% of their portfolio NAPLES, FL 153,416153.4k $1.8m $1.8m 0.42% Added +7.2k +7,213
89 AJ WEALTH STRATEGIES, LLC 0.09% of their portfolio NEW YORK, NY 150,717150.7k $1.8m $1.8m 0.09% Unchanged
90 Icon Wealth Advisors, LLC 0.18% of their portfolio HOUSTON, TX 135,878135.9k $1.6m $1.6m 0.18% Reduced -2.8k -2,846
91 Americana Partners, LLC 0.27% of their portfolio Houston, TX 130,547130.5k $1.5m $1.5m 0.27% Reduced -5.0k -5,016
92 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 126,417126.4k $1.5m $1.5m 0.00% Reduced -21.4k -21,435
93 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 120,070120.1k $1.4m $1.4m 0.03% Reduced -6.2k -6,159
94 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 119,550119.5k $1.4m $1.4m 0.00% Added +411 +411
95 Oxbow Advisors, LLC 0.25% of their portfolio Austin, TX 112,518112.5k $1.3m $1.3m 0.25% Reduced -8.5k -8,490
96 Penn Mutual Asset Management 1.44% of their portfolio Conshohocken, PA 109,500109.5k $1.3m $1.3m 1.44% Unchanged
97 Maryland State Retirement & Pension System 0.04% of their portfolio BALTIMORE, MD 108,085108.1k $1.3m $1.3m 0.04% New
98 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio NEW YORK, NY 105,941105.9k $1.2m $1.2m 0.01% Reduced -4.9k -4,857
99 DIVIDEND ASSETS CAPITAL, LLC 0.26% of their portfolio Ridgeland, SC 102,474102.5k $1.2m $1.2m 0.26% Reduced -2.2k -2,200
100 BOKF, NA 0.02% of their portfolio TULSA, OK 95,99496.0k $1.1m $1.1m 0.02% Added +350 +350