PAA β€” PLAINS ALL AMERN PIPELINE L

Ownership history in INFRASTRUCTURE CAPITAL ADVISORS, LLC  Β·  40 quarters on record

This page tracks every 13F SEC filing in which INFRASTRUCTURE CAPITAL ADVISORS, LLC reported a position in PLAINS ALL AMERN PIPELINE L (PAA). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
9.14% (2024 Q2)
πŸ“Š Avg. % of fund
4.67%
πŸ“… First filed
2016 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
40

Position Intelligence

INFRASTRUCTURE CAPITAL ADVISORS, LLC Γ— PAA AI Analytics

πŸ“ˆ INFRASTRUCTURE CAPITAL ADVISORS, LLC outperformed the S&P 500 by +2.2% annually on this PAA position. Timing score: 49% (18/37 decisions correct). Average cost basis: $12.86. Maximum drawdown during holding period: –79.8%.

πŸ“ˆ Position Alpha vs SPY
+2.2%
annualised excess return

βœ… Outperformed SPY on this position by 2.2% ann.
11 quarters analyzed

⏱️ Timing Score
49%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
18 of 37 add/trim decisions correct

πŸ’° Entry Quality
$12.86
+36.7% vs current ($17.58)

Best entry: $5.48 (2020 Q4)  Β·  Worst: $17.17 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–79.8%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
57%
buy-side decisions

23 adds Β· 17 trims. Bought during 9 of 14 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ INFRASTRUCTURE CAPITAL ADVISORS, LLC has been actively increasing its PAA allocation β€” a bullish signal from insiders.
Currently 5.14% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    PAA price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 2,959,828 -294,085 -9.0% 5.14% $53.2M $17.58
2025 Q3 ADDED 3,253,913 +7,771 +0.2% 5.33% $53.5M $16.32
2025 Q2 ADDED 3,246,142 +3,191,832 +5877.1% 4.65% $59.5M $17.17
2025 Q1 REDUCED 54,310 -3,533,482 -98.5% 0.08% $1.1M $18.34
2024 Q4 REDUCED 3,587,792 -179,220 -4.8% 4.30% $61.3M $15.38
2024 Q3 REDUCED 3,767,012 -196,565 -5.0% 8.83% $65.4M $15.34
2024 Q2 ADDED 3,963,577 +234,226 +6.3% 9.14% $70.8M $15.51
2024 Q1 ADDED 3,729,351 +18,972 +0.5% 8.32% $65.5M $14.98
2023 Q4 REDUCED 3,710,379 -63,090 -1.7% 7.98% $56.2M $12.67
2023 Q3 REDUCED 3,773,469 -338,019 -8.2% 6.61% $57.8M $12.58
30 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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