Who Owns Plains All American Pipeline, L.P. (PAA)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$1.365000598953292e+249T
% of Float Held
Infinity%
QoQ Change in Holders
+13 / -2
Price History
PAA — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| ALPS ADVISORS INC | New Position | +76.1M | +$1.4B |
| EAGLE GLOBAL ADVISORS LLC | New Position | +3.6M | +$65.2M |
| Fractal Investments LLC | New Position | +3.6M | +$65.1M |
| MILLER HOWARD INVESTMENTS INC /NY | New Position | +2.9M | +$51.3M |
| COHEN & STEERS, INC. | Increased | +1.2M | +$23.4M |
| Turas Capital Management LP | New Position | +598K | +$10.7M |
| Americana Partners, LLC | New Position | +579K | +$10.4M |
| Sovereign Investment Advisors, LLC | New Position | +526K | +$9.5M |
| OpenArc Corporate Advisory, LLC | New Position | +500K | +$8.0M |
| HRT FINANCIAL LP | Increased | +418K | +$8.0M |
| HENNESSY ADVISORS INC | New Position | +438K | +$7.9M |
| Maryland State Retirement & Pension System | New Position | +439K | +$7.0M |
| ENVESTNET ASSET MANAGEMENT INC | New Position | +295K | +$5.0M |
| CWA Asset Management Group, LLC | New Position | +227K | +$4.1M |
| Chicago Partners Investment Group LLC | New Position | +205K | +$3.9M |
PAA — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Blackstone Inc. | Decreased | -472K | -$234.6B |
| UBS Group AG | Decreased | -618K | -$143.1B |
| JPMORGAN CHASE & CO | Decreased | -1.3M | -$122.7B |
| BANK OF AMERICA CORP /DE/ | Decreased | -295K | -$96.4B |
| CIBC Bancorp USA Inc. | Closed Position | -5.1M | -$87.5B |
| CIBC Private Wealth Group LLC | Decreased | -389K | -$87.0B |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC | Decreased | -294K | -$53.5B |
| Clearbridge Investments, LLC | Decreased | -700 | -$45.5B |
| DEUTSCHE BANK AG\ | Decreased | -51K | -$33.0B |
| FAYEZ SAROFIM & CO | Decreased | -27K | -$28.7B |
| WESTWOOD HOLDINGS GROUP INC | Decreased | -1.6M | -$27.6B |
| Waverly Advisors, LLC | Decreased | -6K | -$11.6B |
| ROYAL BANK OF CANADA | Decreased | -17K | -$10.6B |
| Kovitz Investment Group Partners, LLC | Closed Position | -606K | -$10.3B |
| GEODE CAPITAL MANAGEMENT, LLC | Decreased | -26K | -$9.9B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | ALPS ADVISORS INC | 76,051,589 | $1.4B | 7.95% | Share |
| 2 | Invesco Ltd. | 33,349,323 | $599.0M | 0.09% | Share |
| 3 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 16,289,879 | $292.0M | 0.44% | Share |
| 4 | GOLDMAN SACHS GROUP INC | 15,563,873 | $279.0M | 0.03% | Share |
| 5 | Blackstone Inc. | 13,292,576 | $238.7M | 0.94% | Share |
| 6 | TORTOISE CAPITAL ADVISORS, L.L.C. | 9,392,245 | $168.7M | 2.15% | Share |
| 7 | UBS Group AG | 5,785,842 | $103.9M | 0.02% | Share |
| 8 | MORGAN STANLEY | 5,621,805 | $100.0M | 0.01% | Share |
| 9 | JPMORGAN CHASE & CO | 4,809,487 | $86.0M | 0.01% | Share |
| 10 | KAYNE ANDERSON CAPITAL ADVISORS LP | 4,746,294 | $85.2M | 1.94% | Share |
| 11 | CIBC Private Wealth Group LLC | 4,713,673 | $84.0M | 0.14% | Share |
| 12 | GOLDMAN SACHS GROUP INC | 4,440,257 | $79.0M | 0.01% | Share |
| 13 | EAGLE GLOBAL ADVISORS LLC | 3,631,255 | $65.2M | 2.41% | Share |
| 14 | Fractal Investments LLC | 3,625,784 | $65.1M | 9.09% | Share |
| 15 | MORGAN STANLEY | 3,151,632 | $56.0M | 0.00% | Share |
| 16 | INFRASTRUCTURE CAPITAL ADVISORS, LLC | 2,959,828 | $53.2M | 5.14% | Share |
| 17 | MILLER HOWARD INVESTMENTS INC /NY | 2,854,516 | $51.3M | 1.55% | Share |
| 18 | BANK OF AMERICA CORP /DE/ | 2,848,100 | $51.0M | 0.00% | Share |
| 19 | CHICKASAW CAPITAL MANAGEMENT LLC | 2,721,420 | $48.9M | 2.01% | Share |
| 20 | BERKLEY W R CORP | 2,684,307 | $48.2M | 2.27% | Share |
| 21 | GROUP ONE TRADING LLC | 2,676,000 | $48.1M | 0.08% | Call |
| 22 | Clearbridge Investments, LLC | 2,670,671 | $47.0M | 0.04% | Share |
| 23 | COHEN & STEERS, INC. | 2,502,309 | $44.9M | 0.08% | Share |
| 24 | BARCLAYS PLC | 2,502,350 | $44.0M | 0.01% | Share |
| 25 | BANK OF AMERICA CORP /DE/ | 2,478,144 | $44.0M | 0.00% | Share |
| 26 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2,238,600 | $40.0M | 0.00% | Call |
| 27 | DUFF & PHELPS INVESTMENT MANAGEMENT CO | 2,176,900 | $39.1M | 0.44% | Share |
| 28 | Pathstone Holdings, LLC | 2,184,958 | $38.0M | 0.15% | Share |
| 29 | JANE STREET GROUP, LLC | 2,097,900 | $37.0M | 0.01% | Call |
| 30 | CITADEL ADVISORS LLC | 2,052,300 | $36.0M | 0.01% | Call |
| 31 | UBS Group AG | 1,992,811 | $35.8M | 0.01% | Share |
| 32 | DEUTSCHE BANK AG\ | 1,883,597 | $33.0M | 0.01% | Share |
| 33 | BNP PARIBAS FINANCIAL MARKETS | 1,684,860 | $30.0M | 0.01% | Share |
| 34 | LONGFELLOW INVESTMENT MANAGEMENT CO LLC | 1,594,440 | $28.6M | 6.46% | Share |
| 35 | HRT FINANCIAL LP | 1,416,735 | $25.0M | 0.08% | Share |
| 36 | FAYEZ SAROFIM & CO | 1,379,644 | $24.0M | 0.06% | Share |
| 37 | Bollard Group LLC | 1,129,254 | $20.3M | 0.51% | Share |
| 38 | MORGAN STANLEY | 1,107,711 | $19.0M | 0.00% | Share |
| 39 | IMC-Chicago, LLC | 1,027,000 | $18.4M | 0.01% | Call |
| 40 | JPMORGAN CHASE & CO | 1,047,185 | $18.0M | 0.00% | Share |
| 41 | Mariner, LLC | 1,002,376 | $18.0M | 0.02% | Share |
| 42 | WELLS FARGO & COMPANY/MN | 971,310 | $17.0M | 0.00% | Share |
| 43 | CITADEL ADVISORS LLC | 868,900 | $15.0M | 0.00% | Put |
| 44 | Adams Asset Advisors, LLC | 827,791 | $14.9M | 1.96% | Share |
| 45 | CITIGROUP INC | 792,792 | $14.0M | 0.01% | Share |
| 46 | LPL Financial LLC | 736,010 | $13.0M | 0.00% | Share |
| 47 | BROOKFIELD Corp /ON/ | 698,886 | $12.6M | 0.02% | Share |
| 48 | Energy Income Partners, LLC | 669,865 | $12.0M | 0.22% | Share |
| 49 | Energy Income Partners, LLC | 669,592 | $12.0M | 0.22% | Share |
| 50 | Waverly Advisors, LLC | 676,024 | $12.0M | 0.10% | Share |
PAA Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 369 | $4.9B | +137 |
| Q3 2025 | 232 | $3.0T | -98 |
| Q2 2025 | 330 | $6.1T | -47 |
| Q1 2025 | 377 | $5.4T | +51 |
| Q4 2024 | 326 | $101.6T | +60 |
| Q3 2024 | 266 | $2125.4T | +10 |
| Q2 2024 | 256 | $2252.9T | +18 |
| Q1 2024 | 238 | $2325.2T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold PAA (Plains All American Pipeline, L.P.). The largest holder is ALPS ADVISORS INC with $1.4B in shares. This quarter, 13 institutions opened new positions and 2 closed their positions.
Frequently Asked Questions
How many hedge funds own PAA?
As of Q4 2025, 50 institutional investors report holding PAA (Plains All American Pipeline, L.P.) in their 13F filings.
Who is the largest institutional holder of PAA?
The largest institutional holder of PAA is ALPS ADVISORS INC with $1.4B in shares.
Is institutional ownership of PAA increasing or decreasing?
This quarter, 13 institutions opened new positions in PAA and 2 closed their positions.