Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pembina Pipeline Corp (PBA)

424 + Investors. Track Smart Money conviction in PBA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +36
Streak
1Q ▲
Buyers last Q
58%

Smart Money Signals — PBA

Based on 425 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PBA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
425 hedge funds hold PBA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PBA is almost the same as a year ago (+11 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 58% buying

222 buying162 selling
Last quarter: 222 funds bought or added vs 162 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+21 vs last Q)

new funds entering per quarter
Funds opening a new PBA position: 35 → 34 → 47 → 68. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 17% medium ■ 18% new
278 out of 425 hedge funds have held PBA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

58 → 35 → 34 → 47 → 68 new funds/Q
New funds entering each quarter: 35 → 34 → 47 → 68. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 14% 1-2yr ■ 19% new
Of 442 current holders: 297 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
52 of 425 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in PBA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PBA

In 2026 Q1, 222 hedge funds were net buyers of PBA (68 opened a new position, 154 added to an existing one), while 162 reduced or exited (130 trimmed, 32 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 52% of total institutional value in PBA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +36 funds (more new holders than closures). Total institutional holders: 425.

Hedge Fund Ownership: PBA

How many hedge funds hold PBA — quarterly history vs. share price
Quarterly hedge fund ownership of PBA vs. share price

Market Analysis: PBA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBA

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Pembina Pipeline Corp (PBA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PBA has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
PBA
+3.2%
XLE
-10.8%

PBA outperformed XLE by +14.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
PBA
-4.7%
XLE
-8.0%

Since the filing became public, PBA outperformed XLE by +3.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 7 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: PBA
424 + Investors

Track Smart Money conviction in PBA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 424 389 9.0%
13F Shares 294M 326M -9.91%
Total Value $12.97B $12.47B 4.03%
New Positions 68 47 +21
Increased Positions 150 134 +16
Closed Positions 33 53 -20
Reduced Positions 127 128 -1
Total Calls 11 9 22.22%
Total Puts 8 7 14.29%
PUT/CALL Ratio 0.73 0.78 Neutral

Statistics: PBA

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

424 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PBA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PBA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Periscope Capital INC. 7.65% 1,542,600 $69.0M
2 PJT Investments Corp. 4.69% 264,237 $11.8M
3 Cardinal Capital Management, Inc. 4.27% 3,555,001 $158.6M
4 Recurrent Investment Advisors LLC 4.04% 1,494,250 $67.2M
5 Nicola Wealth Management LTD. 3.57% 664,500 $29.7M
6 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3.01% 1,357,100 $60.7M
7 Morgan Dempsey Capital Management LLC 2.93% 143,916 $6.4M
8 BCV Asset Management Inc. 2.44% 1,592,388 $71.1M
9 Intact Investment Management INC. 2.17% 1,701,464 $76.1M
10 Kraematon Investment Advisors, Inc 2.15% 59,035 $2.6M
11 Bank of Nova Scotia Trust Co 2.04% 530,819 $23.8M
12 Tortoise Capital Advisors, L.L.C. 1.85% 3,982,948 $177.8M
13 Cascade Investment Group, INC. 1.67% 56,834 $2.5M
14 Sl Advisors, LLC 1.54% 20,294 $908K
15 Silver Lake Advisory, LLC 1.41% 79,346 $3.6M
16 Kayne Anderson Capital Advisors LP 1.38% 1,606,533 $71.9M
17 Tacita Capital Inc 1.37% 51,774 $2.3M
18 Davis-Rea LTD. 1.36% 116,582 $5.2M
19 PCJ Investment Counsel Ltd. 1.27% 99,545 $4.5M
20 Scotia Capital INC. 1.23% 6,746,275 $299.3M
21 K.J. Harrison & Partners Inc 1.19% 162,606 $7.3M
22 Albert D Mason Inc 1.16% 40,098 $1.8M
23 Mufg Securities (canada), LTD. 1.11% 861,940 $38.5M
24 Purpose Unlimited Inc. 1.09% 592,493 $26.5M
25 Louisbourg Investments INC. 1.09% 129,498 $5.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pembina Pipeline Corp (PBA)

What does the Smart Money Trend signal show for PBA?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PBA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PBA?

Slight buying edge — 58% buying: Last quarter: 222 funds bought or added vs 162 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PBA holders?

Elite ownership — 52% AUM from top-100 funds: 52 of 425 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in PBA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PBA?

65% of holders stayed for 2+ years: 278 out of 425 hedge funds have held PBA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Pembina Pipeline Corp (PBA) following the 2026 Q1 hedge fund 13F filings?

As of today, PBA has moved -4.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to -8.0% for the XLE sector ETF — an outperformance of +3.3%. Since the quarter end (March 31, 2026), PBA has gained +3.2% vs -10.8% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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