Pembina PipelinePBA
13F holders, Q4 2025 (December 31)395holders −5
34new positions
44sold out
6famous investors
$38.53avg. 13F price*
At the end of Q4 2025, 395 institutions reported holding Pembina Pipeline Corp. (PBA) in their 13F filings, down 5 from Q3 2025. 34 opened new positions and 44 sold out. The largest holders were Royal Bank of Canada ($1.6B), Vanguard Group Inc. ($1.0B) and Bank of Montreal ($975.6M). 6 famous investors held it, including Cliff Asness (0.0% of AQR Capital Management's portfolio), Joel Greenblatt (0.0% of Gotham Asset Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Pembina Pipeline Corp.
- CUSIP
- 706327103
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 34 | $28.9M |
| Exits | 44 | $182.3M |
All 13F filers, Q3 2025 → Q4 2025: 28,704,459 shares bought and 35,208,805 shares sold, net −6,504,346 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 395 holders
| Royal Bank of Canada | 0.28% | Reduce -24.2% | 42,260,769 | $1.6B |
| Vanguard Group Inc. | 0.01% | Add +2.0% | 27,233,442 | $1.0B |
| Bank of Montreal | 0.40% | Add +8.3% | 25,608,883 | $975.6M |
| FIL Ltd | 0.40% | Add +2.6% | 13,978,558 | $532.5M |
| 1832 Asset Management L.P. | 0.57% | Add +591.8% | 11,767,638 | $447.9M |
| Mackenzie Financial Corp. | 0.49% | Reduce -7.5% | 10,913,565 | $416.0M |
| Cibc World Market Inc. | 0.74% | Add +15.1% | 10,895,629 | $415.1M |
| Manufacturers Life Insurance Company, The | 0.31% | Add +1.0% | 9,828,960 | $375.2M |
| CIBC Asset Management Inc | 0.79% | Add +17.8% | 8,620,307 | $329.2M |
| Scotia Capital Inc. | 1.05% | Add +7.1% | 6,878,969 | $261.7M |
| TD Asset Management Inc | 0.19% | Reduce -17.1% | 6,289,540 | $239.9M |
| Bank of America Corp. | 0.02% | Reduce -15.7% | 6,201,529 | $236.0M |
| Canada Pension Plan Investment Board | 0.15% | Reduce -7.1% | 5,980,313 | $227.8M |
| Geode Capital Management, LLC | 0.01% | Add +7.1% | 5,781,068 | $224.8M |
| Norges Bank | 0.02% | — | 5,609,272 | $213.7M |
| National Bank of Canada | 0.20% | Add +57.7% | 5,157,259 | $196.1M |
| Morgan Stanley | 0.01% | Add +45.4% | 4,723,159 | $179.8M |
| Cardinal Capital Management, Inc. | 3.84% | Add +10.0% | 3,274,336 | $171.2M |
| Legal & General Group Plc | 0.04% | Add +1.9% | 4,461,560 | $170.2M |
| Bank of Nova Scotia | 0.23% | Add +17.4% | 4,064,371 | $154.8M |
| Goldman Sachs Group Inc. | 0.02% | Reduce -36.3% | 4,008,528 | $152.6M |
| Tortoise Capital Advisors, L.L.C. | 1.87% | Reduce -3.2% | 3,852,716 | $146.8M |
| Toronto Dominion Bank | 0.23% | Reduce -17.7% | 3,369,569 | $128.4M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.18% | Reduce -2.1% | 3,056,592 | $116.3M |
| Amundi | 0.03% | Add +14.9% | 2,935,473 | $111.7M |
| Deutsche Bank AG | 0.04% | Reduce -58.9% | 2,922,928 | $111.2M |
| JPMorgan Chase & Co. | 0.01% | Reduce -13.2% | 2,919,947 | $111.1M |
| Dimensional Fund Advisors LP | 0.02% | Add +23.9% | 2,885,514 | $109.8M |
| Janus Henderson Group PLC | 0.04% | No change | 2,628,564 | $100.4M |
| BCV Asset Management Inc. | 2.41% | — | 1,613,568 | $95.3M |
| Invesco Ltd. | 0.01% | Reduce -9.6% | 2,376,841 | $90.5M |
| FMR LLC | 0.00% | Add +5416.8% | 2,362,466 | $90.0M |
| DekaBank Deutsche Girozentrale | 0.15% | No change | 2,187,064 | $86.3M |
| Agf Management Ltd. | 0.38% | Add +16.6% | 2,261,156 | $86.2M |
| Intact Investment Management Inc. | 2.38% | Add +4.9% | 2,170,014 | $82.7M |
| UniSuper Management Pty Ltd | 0.47% | Add +71.2% | 1,500,100 | $78.4M |
| Kayne Anderson Capital Advisors LP | 1.53% | Reduce -0.1% | 1,765,768 | $67.2M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +4.0% | 1,755,701 | $67.0M |
| Nuveen, LLC | 0.02% | Add +7.6% | 1,716,949 | $65.5M |
| TD Waterhouse Canada Inc. | 0.40% | Add +2.5% | 1,703,413 | $64.8M |
| Clearbridge Investments, LLC | 0.05% | Reduce -2.9% | 1,635,257 | $62.2M |
| Westwood Holdings Group Inc. | 0.49% | Add +3.8% | 1,565,036 | $59.6M |
| Swiss National Bank | 0.04% | Reduce -7.9% | 1,539,796 | $58.8M |
| Federation des caisses Desjardins du Quebec | 0.22% | Reduce -9.3% | 1,517,153 | $57.7M |
| Recurrent Investment Advisors LLC | 4.21% | Reduce -12.3% | 1,490,143 | $57.0M |
| Neuberger Berman Group LLC | 0.04% | Add +21.0% | 1,346,303 | $51.3M |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | 2.94% | Reduce -14.0% | 1,347,100 | $51.3M |
| UBS Group AG | 0.01% | Add +17.1% | 1,330,969 | $50.7M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 3.97% | Reduce -3.6% | 894,163 | $46.8M |
| Franklin Resources Inc. | 0.01% | Add +8.8% | 1,186,479 | $45.2M |
| First Trust Advisors LP | 0.03% | Add +2.7% | 1,168,260 | $44.5M |
| Nicola Wealth Management LTD. | 3.42% | Add +28.0% | 987,800 | $37.6M |
| Duff & Phelps Investment Management Co. | 0.42% | Reduce -0.3% | 963,076 | $36.7M |
| Blackstone Inc. | 0.16% | Add +1.0% | 964,494 | $36.7M |
| Fiera Capital Corp | 0.12% | Reduce -10.8% | 957,322 | $36.5M |
| Hillsdale Investment Management Inc. | 0.97% | Add +187.4% | 917,125 | $35.0M |
| Mufg Securities (canada), LTD. | 0.94% | Reduce -8.0% | 884,716 | $33.7M |
| Addenda Capital Inc. | 0.95% | Reduce -1.0% | 618,967 | $32.4M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.08% | Reduce -65.0% | 789,056 | $30.1M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -0.5% | 762,770 | $29.0M |
| BlackRock, Inc. | 0.00% | Add +5.1% | 711,090 | $27.1M |
| SIG North Trading, ULC | 4.70% | Add +4.5% | 705,432 | $26.8M |
| CANADA LIFE ASSURANCE Co | 0.05% | Reduce -3.8% | 687,045 | $26.2M |
| Maryland State Retirement & Pension System | 0.52% | Reduce -5.6% | 664,819 | $25.4M |
| Purpose Unlimited Inc. | 1.03% | — | 582,753 | $22.2M |
| Miller Howard Investments Inc. | 0.60% | Add +2.4% | 522,146 | $19.9M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.10% | Reduce -5.0% | 520,981 | $19.8M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.5% | 510,126 | $19.4M |
| Russell Investments Group, Ltd. | 0.02% | Reduce -1.2% | 500,754 | $19.1M |
| Bank of Nova Scotia Trust Co. | 1.60% | Add +14.9% | 482,533 | $18.4M |
| Aviva PLC | 0.03% | Add +2.7% | 473,702 | $18.1M |
| Northern Trust Corp. | 0.00% | Add +1.0% | 471,599 | $17.9M |
| Alberta Investment Management Corp | 0.12% | No change | 454,500 | $17.3M |
| Guardian Capital LP | 0.51% | Reduce -1.0% | 446,491 | $17.0M |
| Catalyst Capital Advisors LLC | 0.31% | Reduce -10.2% | 399,887 | $15.2M |
| Harvest Portfolios Group Inc. | 0.26% | Add +2.6% | 396,916 | $15.1M |
| Quadrature Capital Ltd | 0.15% | New | 381,300 | $14.5M |
| State of Tennessee, Department of Treasury | 0.04% | Reduce -4.3% | 313,508 | $13.1M |
| Sienna Gestion | 0.78% | No change | 339,024 | $12.9M |
| Korea Investment CORP | 0.02% | Add +5.8% | 317,756 | $12.1M |
| Guardian Partners Inc. | 0.91% | Add +8.8% | 269,137 | $11.3M |
| Van Eck Associates Corp. | 0.01% | Add +6.7% | 294,551 | $11.2M |
| Northwest & Ethical Investments L.P. | 0.24% | Add +19.5% | 275,611 | $10.5M |
| AQR Capital Management | 0.01% | Add +1086.5% | 273,531 | $10.4M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.01% | No change | 271,991 | $10.4M |
| American Century Companies Inc. | 0.01% | Add +15.9% | 270,104 | $10.3M |
| Heronetta Management, L.P. | 5.83% | No change | 197,698 | $10.1M |
| PJT Investments Corp. | 5.83% | Add +1.4% | 261,340 | $9.9M |
| Pictet Asset Management Holding SA | 0.01% | Reduce -6.4% | 250,107 | $9.5M |
| Cidel Asset Management Inc. | 0.67% | Add +0.8% | 249,275 | $9.5M |
| CIBC Private Wealth Group LLC | 0.02% | Reduce -6.9% | 249,338 | $9.5M |
| Wells Fargo & Company | 0.00% | Add +8.1% | 243,725 | $9.3M |
| Federated Hermes, Inc. | 0.02% | Reduce -4.0% | 243,567 | $9.3M |
| Beutel, Goodman & Co Ltd. | 0.06% | Reduce -1.3% | 238,706 | $9.1M |
| Montrusco Bolton Investments Inc. | 0.11% | Reduce -17.8% | 229,490 | $8.8M |
| Louisbourg Investments Inc. | 1.73% | Add +25.8% | 227,338 | $8.7M |
| K.J. Harrison & Partners Inc | 1.05% | Add +27.3% | 207,560 | $7.9M |
| State of Wisconsin Investment Board | 0.02% | New | 203,499 | $7.8M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -7.2% | 194,565 | $7.4M |
| Baskin Financial Services Inc. | 0.55% | Reduce -1.7% | 190,590 | $7.3M |
"% of holder's portfolio" is PBA's weight in each manager's 13F, not the share of Pembina Pipeline Corp. the manager owns.