Pembina Pipeline Corp
PBA- Exchange
- NYSE
- Industry
- Oil & Gas Field Exploration Services
- SEC CIK
- 0001546066
No open-market purchases or sales by Pembina Pipeline Corp insiders were filed in the last 90 days; 434 institutions reported holding it in 13F filings for Q2 2026, worth $14.6B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Pembina Pipeline Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 395
- +3 vs. Q3 2025
- Shares held
- 314.3M
- +1.34M (+0.4%) vs. Q3 2025
- Total value
- $12.1B
- −$575.5M (−4.5%) vs. Q3 2025
- New holders
- 47
- 139 more added
- Sold out
- 44
- 126 more reduced
8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting PBA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 434 | $14.6B |
| Q1 2026 | 433 | $13.2B |
| Q4 2025 | 395 | $12.1B |
| Q3 2025 | 400 | $13.0B |
| Q2 2025 | 405 | $12.8B |
| Q1 2025 | 418 | $13.3B |
| Q4 2024 | 395 | $12.2B |
| Q3 2024 | 392 | $13.5B |
| Q2 2024 | 383 | $12.4B |
| Q1 2024 | 391 | $11.2B |
| Q4 2023 | 367 | $10.6B |
| Q3 2023 | 351 | $9.19B |
| Q2 2023 | 369 | $9.64B |
| Q1 2023 | 371 | $10.2B |
| Q4 2022 | 371 | $10.8B |
| Q3 2022 | 364 | $9.69B |
| Q2 2022 | 375 | $11.2B |
| Q1 2022 | 366 | $11.8B |
| Q4 2021 | 335 | $9.44B |
| Q3 2021 | 321 | $9.71B |
| Q2 2021 | 326 | $9.43B |
| Q1 2021 | 316 | $8.61B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Pembina Pipeline Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Royal Bank of Canada | 42,260,769 | $1.61B | 0.28% | −13,505,473−24.2% | Reduced |
| Vanguard Group Inc | 27,233,442 | $1.04B | 0.02% | +541,615+2.0% | Added |
| Bank of Montreal | 25,608,883 | $975.6M | 0.40% | +1,973,410+8.3% | Added |
| FIL Ltd | 13,978,558 | $532.5M | 0.40% | +359,109+2.6% | Added |
| 1832 Asset Management L.P. | 11,767,638 | $447.9M | 0.57% | +10,066,512+591.8% | Added |
| Mackenzie Financial Corp | 10,913,565 | $416.0M | 0.49% | −885,758−7.5% | Reduced |
| CIBC World Markets Inc. | 10,895,629 | $415.1M | 0.74% | +1,427,334+15.1% | Added |
| Manufacturers Life Insurance Company, The | 9,828,960 | $375.2M | 0.31% | +94,655+1.0% | Added |
| CIBC Asset Management Inc | 8,620,307 | $329.2M | 0.79% | +1,304,227+17.8% | Added |
| Scotia Capital Inc. | 6,878,969 | $261.7M | 1.05% | +453,482+7.1% | Added |
| TD Asset Management Inc | 6,289,540 | $239.9M | 0.19% | −1,292,663−17.0% | Reduced |
| Bank of America Corp | 6,201,529 | $236.0M | 0.02% | −1,150,966−15.7% | Reduced |
| Canada Pension Plan Investment Board | 5,980,313 | $227.8M | 0.15% | −456,664−7.1% | Reduced |
| Geode Capital Management, LLC | 5,781,068 | $224.8M | 0.01% | +385,201+7.1% | Added |
| Norges Bank | 5,609,272 | $213.7M | 0.02% | +5,609,272 | New |
| National Bank of Canada | 5,157,259 | $196.1M | 0.20% | +1,886,120+57.7% | Added |
| Morgan Stanley | 4,723,159 | $179.8M | 0.01% | +1,475,320+45.4% | Added |
| Cardinal Capital Management, Inc. | 3,274,336 | $171.2M | 3.84% | +298,412+10.0% | Added |
| Legal & General Group Plc | 4,461,560 | $170.2M | 0.04% | +83,284+1.9% | Added |
| Bank of Nova Scotia | 4,064,371 | $154.8M | 0.23% | +603,350+17.4% | Added |
| Goldman Sachs Group Inc | 4,008,528 | $152.6M | 0.02% | −2,281,037−36.3% | Reduced |
| Tortoise Capital Advisors, L.L.C. | 3,852,716 | $146.8M | 1.87% | −127,129−3.2% | Reduced |
| Toronto Dominion Bank | 3,369,569 | $128.4M | 0.23% | −724,573−17.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 3,056,592 | $116.3M | 0.17% | −66,810−2.1% | Reduced |
| Amundi | 2,935,473 | $111.7M | 0.03% | +381,720+14.9% | Added |
| Deutsche Bank AG | 2,922,928 | $111.2M | 0.04% | −4,189,069−58.9% | Reduced |
| JPMorgan Chase & Co | 2,919,947 | $111.1M | 0.01% | −444,679−13.2% | Reduced |
| Dimensional Fund Advisors LP | 2,885,514 | $109.8M | 0.02% | +556,805+23.9% | Added |
| Janus Henderson Group PLC | 2,628,564 | $100.4M | 0.04% | 00.0% | Unchanged |
| BCV Asset Management Inc. | 1,613,568 | $95.3M | 2.41% | +1,613,568 | New |
| Invesco Ltd. | 2,376,841 | $90.5M | 0.01% | −253,510−9.6% | Reduced |
| FMR LLC | 2,362,466 | $90.0M | 0.00% | +2,319,643+5,416.8% | Added |
| DekaBank Deutsche Girozentrale | 2,187,064 | $86.3M | 0.16% | 00.0% | Unchanged |
| Agf Management Ltd | 2,261,156 | $86.2M | 0.37% | +321,218+16.6% | Added |
| Intact Investment Management Inc. | 2,170,014 | $82.7M | 2.38% | +101,390+4.9% | Added |
| UniSuper Management Pty Ltd | 1,500,100 | $78.4M | 0.47% | +623,758+71.2% | Added |
| Kayne Anderson Capital Advisors LP | 1,765,768 | $67.2M | 1.53% | −2,121−0.1% | Reduced |
| Charles Schwab Investment Management Inc | 1,755,701 | $67.0M | 0.01% | +67,305+4.0% | Added |
| Nuveen, LLC | 1,716,949 | $65.5M | 0.02% | +121,206+7.6% | Added |
| TD Waterhouse Canada Inc. | 1,703,413 | $64.8M | 0.40% | +40,944+2.5% | Added |
| Clearbridge Investments, LLC | 1,635,257 | $62.2M | 0.05% | −48,978−2.9% | Reduced |
| Westwood Holdings Group Inc. | 1,565,036 | $59.6M | 0.48% | +57,661+3.8% | Added |
| Swiss National Bank | 1,539,796 | $58.8M | 0.03% | −131,500−7.9% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,517,153 | $57.7M | 0.22% | −156,439−9.3% | Reduced |
| Recurrent Investment Advisors LLC | 1,490,143 | $57.0M | 4.21% | −208,940−12.3% | Reduced |
| Neuberger Berman Group LLC | 1,346,303 | $51.3M | 0.04% | +233,417+21.0% | Added |
| Cushing Asset Management, LP | 1,347,100 | $51.3M | 2.94% | −218,588−14.0% | Reduced |
| UBS Group AG | 1,330,969 | $50.7M | 0.01% | +194,129+17.1% | Added |
| Lincluden Management Ltd | 894,163 | $46.8M | 3.97% | −33,729−3.6% | Reduced |
| Franklin Resources Inc | 1,186,479 | $45.2M | 0.01% | +95,567+8.8% | Added |
| First Trust Advisors LP | 1,168,260 | $44.5M | 0.03% | +30,285+2.7% | Added |
| Nicola Wealth Management Ltd. | 987,800 | $37.6M | 3.42% | +216,300+28.0% | Added |
| Duff & Phelps Investment Management Co | 963,076 | $36.7M | 0.42% | −3,210−0.3% | Reduced |
| Blackstone Group Inc. | 964,494 | $36.7M | 0.16% | +9,172+1.0% | Added |
| Fiera Capital Corp | 957,322 | $36.5M | 0.12% | −116,496−10.8% | Reduced |
| Hillsdale Investment Management Inc. | 917,125 | $35.0M | 0.97% | +597,971+187.4% | Added |
| MUFG Securities (Canada), Ltd. | 884,716 | $33.7M | 0.94% | −76,573−8.0% | Reduced |
| Addenda Capital Inc. | 618,967 | $32.4M | 0.95% | −6,308−1.0% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 789,056 | $30.1M | 0.08% | −1,463,178−65.0% | Reduced |
| Massachusetts Financial Services Co | 762,770 | $29.0M | 0.01% | −4,024−0.5% | Reduced |
| BlackRock, Inc. | 711,090 | $27.1M | 0.00% | +34,724+5.1% | Added |
| SIG North Trading, ULC | 705,432 | $26.8M | 4.70% | +30,063+4.5% | Added |
| Great West Life Assurance Co | 687,045 | $26.2M | 0.05% | −26,978−3.8% | Reduced |
| Maryland State Retirement & Pension System | 664,819 | $25.4M | 0.52% | −39,409−5.6% | Reduced |
| Purpose Unlimited Inc. | 582,753 | $22.2M | 1.02% | +582,753 | New |
| Miller Howard Investments Inc | 522,146 | $19.9M | 0.60% | +12,016+2.4% | Added |
| British Columbia Investment Management Corp | 520,981 | $19.8M | 0.10% | −27,544−5.0% | Reduced |
| Bank of New York Mellon Corp | 510,126 | $19.4M | 0.00% | −12,996−2.5% | Reduced |
| Russell Investments Group, Ltd. | 500,754 | $19.1M | 0.02% | −6,228−1.2% | Reduced |
| Bank of Nova Scotia Trust Co | 482,533 | $18.4M | 1.60% | +62,410+14.9% | Added |
| Aviva PLC | 473,702 | $18.1M | 0.03% | +12,340+2.7% | Added |
| Northern Trust Corp | 471,599 | $17.9M | 0.00% | +4,497+1.0% | Added |
| Alberta Investment Management Corp | 454,500 | $17.3M | 0.10% | 00.0% | Unchanged |
| Guardian Capital LP | 446,491 | $17.0M | 0.51% | −4,592−1.0% | Reduced |
| Catalyst Capital Advisors LLC | 399,887 | $15.2M | 0.31% | −45,170−10.1% | Reduced |
| Harvest Portfolios Group Inc. | 396,916 | $15.1M | 0.26% | +10,230+2.6% | Added |
| Quadrature Capital Ltd | 381,300 | $14.5M | 0.15% | +381,300 | New |
| State of Tennessee, Treasury Department | 313,508 | $13.1M | 0.04% | −13,968−4.3% | Reduced |
| Sienna Gestion | 339,024 | $12.9M | 0.78% | 00.0% | Unchanged |
| Korea Investment CORP | 317,756 | $12.1M | 0.02% | +17,351+5.8% | Added |
| Guardian Partners Inc. | 269,137 | $11.3M | 0.91% | +21,670+8.8% | Added |
| Van Eck Associates Corp | 294,551 | $11.2M | 0.01% | +18,608+6.7% | Added |
| Northwest & Ethical Investments L.P. | 275,611 | $10.5M | 0.24% | +45,025+19.5% | Added |
| AQR Capital Management LLC | 273,531 | $10.4M | 0.01% | +250,477+1,086.5% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 271,991 | $10.4M | 0.01% | 00.0% | Unchanged |
| American Century Companies Inc | 270,104 | $10.3M | 0.01% | +37,159+16.0% | Added |
| Heronetta Management, L.P. | 197,698 | $10.1M | 5.83% | 00.0% | Unchanged |
| PJT Investments Corp. | 261,340 | $9.95M | 5.83% | +3,503+1.4% | Added |
| Pictet Asset Management Holding SA | 250,107 | $9.54M | 0.01% | −16,988−6.4% | Reduced |
| Cidel Asset Management Inc | 249,275 | $9.51M | 0.67% | +2,031+0.8% | Added |
| CIBC Private Wealth Group, LLC | 249,338 | $9.49M | 0.02% | −18,386−6.9% | Reduced |
| Wells Fargo & Company | 243,725 | $9.28M | 0.00% | +18,199+8.1% | Added |
| Federated Hermes, Inc. | 243,567 | $9.27M | 0.02% | −10,047−4.0% | Reduced |
| Beutel, Goodman & Co Ltd. | 238,706 | $9.11M | 0.06% | −3,150−1.3% | Reduced |
| Montrusco Bolton Investments Inc. | 229,490 | $8.75M | 0.11% | −49,772−17.8% | Reduced |
| Louisbourg Investments Inc. | 227,338 | $8.67M | 1.73% | +46,615+25.8% | Added |
| K.J. Harrison & Partners Inc | 207,560 | $7.92M | 1.05% | +44,500+27.3% | Added |
| State of Wisconsin Investment Board | 203,499 | $7.76M | 0.02% | +203,499 | New |
| Commonwealth Equity Services, LLC | 194,565 | $7.41M | 0.01% | −15,085−7.2% | Reduced |
| Baskin Financial Services Inc. | 190,590 | $7.26M | 0.55% | −3,350−1.7% | Reduced |