Maryland State Retirement & Pension System PBA PEMBINA PIPELINE CORP

Ownership history in Maryland State Retirement & Pension System  ·  15 quarters on record

AI Ownership Summary

Maryland State Retirement & Pension System reported PEMBINA PIPELINE CORP (PBA) in 15 quarterly 13F filings from 2024 Q1 through 2026 Q2. Peak portfolio weight reached 0.7% in 2025 Q1. The latest visible filing shows PBA at 0.50% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this PBA ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Maryland State Retirement & Pension System's position in PEMBINA PIPELINE CORP, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

PBA was reported at 0.50% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.7% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Maryland State Retirement & Pension System held PBA — position size vs. price
% of Fund (quarterly)    PBA price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 REDUCED 628,603 -84,189 -11.8% 0.50% $29.1M 2026-07-30 $50.43
2026 Q1 ADDED 712,792 +47,973 +7.2% 0.65% $31.9M 2026-05-04 $46.06
2025 Q4 REDUCED 5.6% +19.0% 664,819 -39,409 -5.6% 0.52% $25.4M 2026-02-17 $42.58
2025 Q3 REDUCED 704,228 -3,185 -0.5% 0.60% $28.5M 2025-10-29 $36.71
2025 Q2 REDUCED 707,413 -31,816 -4.3% 0.58% $26.6M 2025-07-23 $36.55
2025 Q1 ADDED 739,229 +8,366 +1.1% 0.70% $29.6M 2025-05-12 $35.71
2024 Q4 ADDED 730,863 +9,540 +1.3% 0.58% $27.0M 2025-02-11 $35.14
2024 Q3 ADDED 721,323 +16,872 +2.4% 0.62% $29.7M 2024-11-12 $38.97
2024 Q2 REDUCED 704,451 -20,536 -2.8% 0.48% $26.1M 2024-07-30 $35.68
2024 Q1 ADDED 724,987 +4,480 +0.6% 0.49% $24.6M 2024-04-19 $31.96
5 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

FAQ About Maryland State Retirement & Pension System and PBA

These are the practical questions this page is built to answer before you even open the full history table.

How long has Maryland State Retirement & Pension System reported owning PBA?

Maryland State Retirement & Pension System reported PBA across 10 quarterly 13F filings, from 2024 Q1 through 2026 Q2.

What was the largest reported PBA position in Maryland State Retirement & Pension System's portfolio?

The largest reported portfolio weight for PBA was 0.70% in 2025 Q1.

What is the latest reported PBA position on this page?

The most recent filing on this page is 2026 Q2, when Maryland State Retirement & Pension System reported 628,603 shares, equal to 0.50% of portfolio, with an estimated market value of $29.1M.

What does the chart on this PBA ownership page compare?

The chart compares Maryland State Retirement & Pension System's quarterly PBA portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Maryland State Retirement & Pension System time their PBA position?

Based on 13F filing dates vs. subsequent PBA price moves, Maryland State Retirement & Pension System correctly timed 5 out of 14 reported position changes (36%). The annualised alpha on PBA relative to SPY over the holding period was +105.7%.

← Back to Maryland State Retirement & Pension System Holdings