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 |
|---|---|---|---|---|---|
| Montrusco Bolton Investments Inc. | 229,490 | $8.75M | 0.11% | −49,772−17.8% | Reduced |
| Beutel, Goodman & Co Ltd. | 238,706 | $9.11M | 0.06% | −3,150−1.3% | Reduced |
| Federated Hermes, Inc. | 243,567 | $9.27M | 0.02% | −10,047−4.0% | Reduced |
| Wells Fargo & Company | 243,725 | $9.28M | 0.00% | +18,199+8.1% | Added |
| CIBC Private Wealth Group, LLC | 249,338 | $9.49M | 0.02% | −18,386−6.9% | Reduced |
| Cidel Asset Management Inc | 249,275 | $9.51M | 0.67% | +2,031+0.8% | Added |
| Pictet Asset Management Holding SA | 250,107 | $9.54M | 0.01% | −16,988−6.4% | Reduced |
| PJT Investments Corp. | 261,340 | $9.95M | 5.83% | +3,503+1.4% | Added |
| Heronetta Management, L.P. | 197,698 | $10.1M | 5.83% | 00.0% | Unchanged |
| American Century Companies Inc | 270,104 | $10.3M | 0.01% | +37,159+16.0% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 271,991 | $10.4M | 0.01% | 00.0% | Unchanged |
| AQR Capital Management LLC | 273,531 | $10.4M | 0.01% | +250,477+1,086.5% | Added |
| Northwest & Ethical Investments L.P. | 275,611 | $10.5M | 0.24% | +45,025+19.5% | Added |
| Van Eck Associates Corp | 294,551 | $11.2M | 0.01% | +18,608+6.7% | Added |
| Guardian Partners Inc. | 269,137 | $11.3M | 0.91% | +21,670+8.8% | Added |
| Korea Investment CORP | 317,756 | $12.1M | 0.02% | +17,351+5.8% | Added |
| Sienna Gestion | 339,024 | $12.9M | 0.78% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 313,508 | $13.1M | 0.04% | −13,968−4.3% | Reduced |
| Quadrature Capital Ltd | 381,300 | $14.5M | 0.15% | +381,300 | New |
| Harvest Portfolios Group Inc. | 396,916 | $15.1M | 0.26% | +10,230+2.6% | Added |
| Catalyst Capital Advisors LLC | 399,887 | $15.2M | 0.31% | −45,170−10.1% | Reduced |
| Guardian Capital LP | 446,491 | $17.0M | 0.51% | −4,592−1.0% | Reduced |
| Alberta Investment Management Corp | 454,500 | $17.3M | 0.10% | 00.0% | Unchanged |
| Northern Trust Corp | 471,599 | $17.9M | 0.00% | +4,497+1.0% | Added |
| Aviva PLC | 473,702 | $18.1M | 0.03% | +12,340+2.7% | Added |
| Bank of Nova Scotia Trust Co | 482,533 | $18.4M | 1.60% | +62,410+14.9% | Added |
| Russell Investments Group, Ltd. | 500,754 | $19.1M | 0.02% | −6,228−1.2% | Reduced |
| Bank of New York Mellon Corp | 510,126 | $19.4M | 0.00% | −12,996−2.5% | Reduced |
| British Columbia Investment Management Corp | 520,981 | $19.8M | 0.10% | −27,544−5.0% | Reduced |
| Miller Howard Investments Inc | 522,146 | $19.9M | 0.60% | +12,016+2.4% | Added |
| Purpose Unlimited Inc. | 582,753 | $22.2M | 1.02% | +582,753 | New |
| Maryland State Retirement & Pension System | 664,819 | $25.4M | 0.52% | −39,409−5.6% | Reduced |
| Great West Life Assurance Co | 687,045 | $26.2M | 0.05% | −26,978−3.8% | Reduced |
| SIG North Trading, ULC | 705,432 | $26.8M | 4.70% | +30,063+4.5% | Added |
| BlackRock, Inc. | 711,090 | $27.1M | 0.00% | +34,724+5.1% | Added |
| Massachusetts Financial Services Co | 762,770 | $29.0M | 0.01% | −4,024−0.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 789,056 | $30.1M | 0.08% | −1,463,178−65.0% | Reduced |
| Addenda Capital Inc. | 618,967 | $32.4M | 0.95% | −6,308−1.0% | Reduced |
| MUFG Securities (Canada), Ltd. | 884,716 | $33.7M | 0.94% | −76,573−8.0% | Reduced |
| Hillsdale Investment Management Inc. | 917,125 | $35.0M | 0.97% | +597,971+187.4% | Added |
| Fiera Capital Corp | 957,322 | $36.5M | 0.12% | −116,496−10.8% | Reduced |
| Blackstone Group Inc. | 964,494 | $36.7M | 0.16% | +9,172+1.0% | Added |
| Duff & Phelps Investment Management Co | 963,076 | $36.7M | 0.42% | −3,210−0.3% | Reduced |
| Nicola Wealth Management Ltd. | 987,800 | $37.6M | 3.42% | +216,300+28.0% | Added |
| First Trust Advisors LP | 1,168,260 | $44.5M | 0.03% | +30,285+2.7% | Added |
| Franklin Resources Inc | 1,186,479 | $45.2M | 0.01% | +95,567+8.8% | Added |
| Lincluden Management Ltd | 894,163 | $46.8M | 3.97% | −33,729−3.6% | Reduced |
| UBS Group AG | 1,330,969 | $50.7M | 0.01% | +194,129+17.1% | Added |
| Cushing Asset Management, LP | 1,347,100 | $51.3M | 2.94% | −218,588−14.0% | Reduced |
| Neuberger Berman Group LLC | 1,346,303 | $51.3M | 0.04% | +233,417+21.0% | Added |
| Recurrent Investment Advisors LLC | 1,490,143 | $57.0M | 4.21% | −208,940−12.3% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,517,153 | $57.7M | 0.22% | −156,439−9.3% | Reduced |
| Swiss National Bank | 1,539,796 | $58.8M | 0.03% | −131,500−7.9% | Reduced |
| Westwood Holdings Group Inc. | 1,565,036 | $59.6M | 0.48% | +57,661+3.8% | Added |
| Clearbridge Investments, LLC | 1,635,257 | $62.2M | 0.05% | −48,978−2.9% | Reduced |
| TD Waterhouse Canada Inc. | 1,703,413 | $64.8M | 0.40% | +40,944+2.5% | Added |
| Nuveen, LLC | 1,716,949 | $65.5M | 0.02% | +121,206+7.6% | Added |
| Charles Schwab Investment Management Inc | 1,755,701 | $67.0M | 0.01% | +67,305+4.0% | Added |
| Kayne Anderson Capital Advisors LP | 1,765,768 | $67.2M | 1.53% | −2,121−0.1% | Reduced |
| UniSuper Management Pty Ltd | 1,500,100 | $78.4M | 0.47% | +623,758+71.2% | Added |
| Intact Investment Management Inc. | 2,170,014 | $82.7M | 2.38% | +101,390+4.9% | Added |
| Agf Management Ltd | 2,261,156 | $86.2M | 0.37% | +321,218+16.6% | Added |
| DekaBank Deutsche Girozentrale | 2,187,064 | $86.3M | 0.16% | 00.0% | Unchanged |
| FMR LLC | 2,362,466 | $90.0M | 0.00% | +2,319,643+5,416.8% | Added |
| Invesco Ltd. | 2,376,841 | $90.5M | 0.01% | −253,510−9.6% | Reduced |
| BCV Asset Management Inc. | 1,613,568 | $95.3M | 2.41% | +1,613,568 | New |
| Janus Henderson Group PLC | 2,628,564 | $100.4M | 0.04% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 2,885,514 | $109.8M | 0.02% | +556,805+23.9% | Added |
| JPMorgan Chase & Co | 2,919,947 | $111.1M | 0.01% | −444,679−13.2% | Reduced |
| Deutsche Bank AG | 2,922,928 | $111.2M | 0.04% | −4,189,069−58.9% | Reduced |
| Amundi | 2,935,473 | $111.7M | 0.03% | +381,720+14.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 3,056,592 | $116.3M | 0.17% | −66,810−2.1% | Reduced |
| Toronto Dominion Bank | 3,369,569 | $128.4M | 0.23% | −724,573−17.7% | Reduced |
| Tortoise Capital Advisors, L.L.C. | 3,852,716 | $146.8M | 1.87% | −127,129−3.2% | Reduced |
| Goldman Sachs Group Inc | 4,008,528 | $152.6M | 0.02% | −2,281,037−36.3% | Reduced |
| Bank of Nova Scotia | 4,064,371 | $154.8M | 0.23% | +603,350+17.4% | Added |
| Legal & General Group Plc | 4,461,560 | $170.2M | 0.04% | +83,284+1.9% | Added |
| Cardinal Capital Management, Inc. | 3,274,336 | $171.2M | 3.84% | +298,412+10.0% | Added |
| Morgan Stanley | 4,723,159 | $179.8M | 0.01% | +1,475,320+45.4% | Added |
| National Bank of Canada | 5,157,259 | $196.1M | 0.20% | +1,886,120+57.7% | Added |
| Norges Bank | 5,609,272 | $213.7M | 0.02% | +5,609,272 | New |
| Geode Capital Management, LLC | 5,781,068 | $224.8M | 0.01% | +385,201+7.1% | Added |
| Canada Pension Plan Investment Board | 5,980,313 | $227.8M | 0.15% | −456,664−7.1% | Reduced |
| Bank of America Corp | 6,201,529 | $236.0M | 0.02% | −1,150,966−15.7% | Reduced |
| TD Asset Management Inc | 6,289,540 | $239.9M | 0.19% | −1,292,663−17.0% | Reduced |
| Scotia Capital Inc. | 6,878,969 | $261.7M | 1.05% | +453,482+7.1% | Added |
| CIBC Asset Management Inc | 8,620,307 | $329.2M | 0.79% | +1,304,227+17.8% | Added |
| Manufacturers Life Insurance Company, The | 9,828,960 | $375.2M | 0.31% | +94,655+1.0% | Added |
| CIBC World Markets Inc. | 10,895,629 | $415.1M | 0.74% | +1,427,334+15.1% | Added |
| Mackenzie Financial Corp | 10,913,565 | $416.0M | 0.49% | −885,758−7.5% | Reduced |
| 1832 Asset Management L.P. | 11,767,638 | $447.9M | 0.57% | +10,066,512+591.8% | Added |
| FIL Ltd | 13,978,558 | $532.5M | 0.40% | +359,109+2.6% | Added |
| Bank of Montreal | 25,608,883 | $975.6M | 0.40% | +1,973,410+8.3% | Added |
| Vanguard Group Inc | 27,233,442 | $1.04B | 0.02% | +541,615+2.0% | Added |
| Royal Bank of Canada | 42,260,769 | $1.61B | 0.28% | −13,505,473−24.2% | Reduced |
| HSBC Holdings PLC | 0 | $0 | 0.00% | −2,358,809−100.0% | Sold out |
| Arrowstreet Capital, Limited Partnership | 0 | $0 | 0.00% | −503,700−100.0% | Sold out |
| Achmea Investment Management B.V. | 0 | $0 | 0.00% | −429,382−100.0% | Sold out |
| Varma Mutual Pension Insurance Co | 0 | $0 | 0.00% | −309,779−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −216,483−100.0% | Sold out |