DaveManuel.com · Institutional Ownership · Who Owns It
PEMBINA PIPELINE CORP (PBA)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
442
Reporting holders
$15.0B
Reported value
1.4%
Calls
1.3%
Puts
+2
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| ROYAL BANK OF CANADA | $2.2B incl. $97.8M options CALL+PUT | 45,437,977 | 0.33% | 31q | +17.3%+$324.9M |
| BANK OF MONTREAL /CAN/ | $999.1M incl. $175.6K options CALL+PUT | 21,611,518 | 0.33% | 31q | +2.5%+$24.6M |
| VANGUARD CAPITAL MANAGEMENT LLC | $774.4M | 16,738,025 | 0.02% | 2q | +1.2%+$9.4M |
| Clearbridge Investments, LLC | $615.8M | 13,315,671 | 0.51% | 11q | +57.7%+$225.3M |
| CIBC WORLD MARKET INC. | $602.6M incl. $3.4M options CALL+PUT | 12,961,055 | 0.97% | 31q | +5.5%+$31.6M |
| MACKENZIE FINANCIAL CORP | $468.1M | 7,134,199 | 0.47% | 31q | -13.9%-$75.3M |
| 1832 Asset Management L.P. | $460.3M | 9,953,497 | 0.23% | 31q | -15.1%-$82.0M |
| GOLDMAN SACHS GROUP INC | $336.0M | 7,264,144 | 0.03% | 31q | +40.9%+$97.6M |
| FIL Ltd | $326.3M | 7,051,474 | 0.23% | 31q | -9.4%-$34.0M |
| GEODE CAPITAL MANAGEMENT, LLC | $307.3M | 6,517,821 | 0.02% | 31q | +11.1%+$30.6M |
| NATIONAL BANK OF CANADA /FI/ | $294.9M incl. $26.6M options CALL+PUT | 5,810,105 | 0.21% | 19q | +1.0%+$2.8M |
| SCOTIA CAPITAL INC. | $292.8M | 6,336,302 | 1.09% | 31q | -6.1%-$18.9M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $285.7M | 6,187,904 | 0.22% | 31q | -30.7%-$126.4M |
| TD Asset Management Inc | $275.0M | 5,945,976 | 0.24% | 31q | -6.1%-$17.9M |
| CANADA PENSION PLAN INVESTMENT BOARD | $264.9M | 5,731,205 | 0.15% | 28q | +354.9%+$206.7M |
| DEUTSCHE BANK AG\ | $262.2M | 5,669,902 | 0.08% | 34q | -1.0%-$2.6M |
| NORGES BANK | $252.2M | 5,456,805 | 0.03% | 32q | -2.7%-$7.0M |
| TORONTO DOMINION BANK | $244.4M incl. $117.2M options CALL+PUT | 2,753,013 | 0.28% | 31q | +3.5%+$8.2M |
| VANGUARD FIDUCIARY TRUST CO | $238.6M | 5,157,084 | 0.05% | 2q | +0.8%+$1.8M |
| TORTOISE CAPITAL ADVISORS, L.L.C. | $213.9M | 4,623,490 | 2.17% | 31q | +16.1%+$29.6M |
| MORGAN STANLEY | $211.2M | 4,565,932 | 0.01% | 35q | +16.6%+$30.1M |
| Vanguard Global Advisers, LLC | $206.5M | 4,464,009 | 0.10% | 2q | +9.4%+$17.7M |
| Legal & General Group Plc | $199.2M | 4,307,512 | 0.04% | 31q | -3.0%-$6.1M |
| Amundi | $180.0M | 3,892,496 | 0.04% | 21q | +15.2%+$23.8M |
| BANK OF NOVA SCOTIA | $174.1M | 3,763,790 | 0.26% | 31q | HELD |
| Cardinal Capital Management, Inc. | $167.8M | 3,634,579 | 4.06% | 28q | +2.2%+$3.7M |
| DIMENSIONAL FUND ADVISORS LP | $160.4M | 3,467,774 | 0.03% | 31q | +4.2%+$6.4M |
| CIBC Asset Management Inc | $156.5M | 3,381,439 | 0.34% | 31q | -40.3%-$105.8M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $153.4M | 3,316,430 | 0.18% | 9q | +6.0%+$8.7M |
| JPMORGAN CHASE & CO | $149.8M | 3,206,989 | 0.01% | 31q | -8.3%-$13.6M |
| BANK OF AMERICA CORP /DE/ | $119.2M | 2,577,487 | 0.01% | 31q | -11.3%-$15.2M |
| UniSuper Management Pty Ltd | $113.4M | 1,727,514 | 0.59% | 13q | +10.3%+$10.6M |
| FMR LLC | $112.9M | 2,440,189 | 0.00% | 31q | +41.6%+$33.2M |
| TD Waterhouse Canada Inc. | $111.0M | 2,419,798 | 0.29% | 19q | -2.0%-$2.3M |
| ONTARIO TEACHERS PENSION PLAN BOARD | $106.0M | 2,292,937 | 0.67% | new | NEW |
| DekaBank Deutsche Girozentrale | $98.4M | 2,187,064 | 0.17% | 31q | HELD |
| KAYNE ANDERSON CAPITAL ADVISORS LP | $97.7M | 2,112,513 | 1.92% | 31q | +31.5%+$23.4M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $89.9M | 1,943,948 | 0.01% | 9q | +6.5%+$5.4M |
| Swiss National Bank | $86.7M | 1,878,596 | 0.05% | 31q | -4.0%-$3.6M |
| INTACT INVESTMENT MANAGEMENT INC. | $83.4M | 1,802,664 | 2.37% | 31q | +5.9%+$4.7M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $79.1M | 1,712,366 | 0.50% | 31q | +148.4%+$47.3M |
| Invesco Ltd. | $73.7M | 1,593,373 | 0.01% | 31q | -30.1%-$31.7M |
| BCV Asset Management Inc. | $73.7M | 1,577,026 | 2.23% | 3q | -1.0%-$717.8K |
| NEUBERGER BERMAN GROUP LLC | $71.9M | 1,554,572 | 0.05% | 31q | +19.4%+$11.7M |
| SIG North Trading, ULC | $71.6M incl. $69.6M options CALL+PUT | 43,546 | 1.32% | 18q | +21.8%+$12.8M |
| Recurrent Investment Advisors LLC | $69.6M | 1,498,252 | 4.32% | 27q | HELD |
| WESTWOOD HOLDINGS GROUP INC | $62.5M | 1,350,792 | 0.47% | 15q | -7.8%-$5.3M |
| Federation des caisses Desjardins du Quebec | $62.2M | 1,347,712 | 0.19% | 38q | HELD |
| D. E. Shaw & Co., Inc. | $60.0M incl. $22.0M options CALL+PUT | 822,219 | 0.03% | 24q | -35.3%-$32.7M |
| VANGUARD ASSET MANAGEMENT, Ltd | $56.7M | 1,225,725 | 0.04% | 2q | +12.7%+$6.4M |
| FRANKLIN RESOURCES INC | $55.4M | 1,199,392 | 0.01% | 31q | -8.1%-$4.9M |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | $53.6M | 1,158,100 | 2.40% | 31q | -14.7%-$9.2M |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | $51.8M | 799,602 | 0.49% | 31q | -7.0%-$3.9M |
| UBS Group AG | $49.5M | 1,069,480 | 0.01% | 31q | +43.3%+$15.0M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $48.8M | 743,522 | 0.02% | 31q | HELD |
| Hillsdale Investment Management Inc. | $47.6M | 1,030,460 | 1.09% | 31q | +207.0%+$32.1M |
| Periscope Capital Inc. | $46.5M CALL | options only | 4.08% | 3q | OPTIONS |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $44.4M | 961,400 | 0.06% | 2q | -21.1%-$11.9M |
| BlackRock, Inc. | $43.9M | 949,728 | 0.00% | 8q | +18.7%+$6.9M |
| Nuveen, LLC | $43.1M | 931,841 | 0.01% | 6q | -40.9%-$29.8M |
| FIRST TRUST ADVISORS LP | $41.8M | 903,616 | 0.02% | 17q | -8.1%-$3.7M |
| Fiera Capital Corp | $41.2M | 893,038 | 0.15% | 31q | -4.1%-$1.7M |
| Blackstone Inc. | $40.8M | 883,068 | 0.10% | 25q | -7.3%-$3.2M |
| Addenda Capital Inc. | $39.8M | 606,697 | 1.08% | 31q | HELD |
| MUFG SECURITIES (CANADA), LTD. | $38.0M | 822,347 | 1.02% | 10q | -4.6%-$1.8M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $36.8M | 795,659 | 0.03% | 21q | +179.0%+$23.6M |
| CANADA LIFE ASSURANCE Co | $34.2M | 741,878 | 0.05% | 31q | +12.2%+$3.7M |
| NICOLA WEALTH MANAGEMENT LTD. | $30.7M | 664,500 | 3.54% | 5q | HELD |
| NEOS Investment Management LLC | $30.2M | 653,163 | 0.11% | 2q | +7.4%+$2.1M |
| Maryland State Retirement & Pension System | $29.1M | 628,603 | 0.50% | 15q | -11.8%-$3.9M |
| Public Sector Pension Investment Board | $28.3M | 612,594 | 0.07% | 31q | +993.8%+$25.7M |
| CITADEL ADVISORS LLC | $27.9M incl. $11.2M options CALL | 360,062 | 0.00% | 31q | -28.5%-$11.1M |
| Vanguard Investments Australia, Ltd. | $26.8M | 579,452 | 0.07% | 2q | +2.7%+$708.6K |
| Purpose Unlimited Inc. | $24.9M | 537,262 | 0.95% | 3q | -9.3%-$2.6M |
| Bank of New York Mellon Corp | $24.5M | 530,096 | 0.00% | 31q | +7.1%+$1.6M |
| AQR CAPITAL MANAGEMENT LLC | $23.6M | 510,227 | 0.01% | 6q | +93.4%+$11.4M |
| BANK OF NOVA SCOTIA TRUST CO | $23.1M | 498,501 | 1.91% | 31q | -6.1%-$1.5M |
| AVIVA PLC | $22.9M | 495,430 | 0.03% | 31q | +1.6%+$367.9K |
| MILLER HOWARD INVESTMENTS INC /NY | $21.5M | 465,233 | 0.57% | 31q | -18.1%-$4.7M |
| NORTHERN TRUST CORP | $21.1M | 456,609 | 0.00% | 31q | -3.5%-$776.6K |
| BARCLAYS PLC | $20.5M | 442,536 | 0.00% | 31q | +65.0%+$8.1M |
| JANE STREET GROUP, LLC | $20.3M incl. $8.9M options CALL+PUT | 247,466 | 0.00% | 24q | +28.5%+$4.5M |
| Harvest Portfolios Group Inc. | $20.3M | 437,828 | 0.29% | 14q | HELD |
| AMERICAN CENTURY COMPANIES INC | $20.2M | 437,151 | 0.01% | 25q | +20.8%+$3.5M |
| GUARDIAN CAPITAL LP | $20.2M | 436,901 | 0.49% | 31q | -2.0%-$414.3K |
| Russell Investments Group, Ltd. | $16.8M | 362,908 | 0.01% | 31q | -32.4%-$8.0M |
| Catalyst Capital Advisors LLC | $15.8M | 342,181 | 0.26% | 31q | -7.5%-$1.3M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $15.5M | 333,973 | 0.00% | 2q | -28.1%-$6.0M |
| VAN ECK ASSOCIATES CORP | $15.4M | 334,019 | 0.01% | 30q | -6.7%-$1.1M |
| State of Tennessee, Department of Treasury | $15.3M | 330,610 | 0.05% | 13q | +5.5%+$791.0K |
| CIDEL ASSET MANAGEMENT INC | $14.2M | 307,057 | 0.68% | 31q | +22.0%+$2.6M |
| ENVESTNET ASSET MANAGEMENT INC | $14.0M | 303,247 | 0.00% | 31q | -6.0%-$894.4K |
| RENAISSANCE TECHNOLOGIES LLC | $12.5M | 270,864 | 0.02% | 7q | -39.2%-$8.1M |
| PJT Investments Corp. | $12.4M | 267,146 | 4.18% | 5q | +1.1%+$134.5K |
| WELLS FARGO & COMPANY/MN | $12.3M | 265,909 | 0.00% | 31q | +2.1%+$256.5K |
| CIBC Bancorp USA Inc. | $11.7M | 252,937 | 0.01% | 2q | +2.0%+$226.6K |
| Pictet Asset Management Holding SA | $11.6M | 251,106 | 0.01% | 12q | HELD |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $11.1M | 240,705 | 0.02% | 31q | +43.6%+$3.4M |
| FEDERATED HERMES, INC. | $11.0M | 238,329 | 0.02% | 16q | -1.2%-$134.5K |
| Nykredit A/S | $11.0M | 238,133 | 0.04% | new | FIRST |
Showing the largest 100 of 442 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 115 | $955.3M | 19,960,222 | 12 | 25 | 30 | 0.0% |
| Q2 2026 | 442 | $15.0B | 311,416,439 | 43 | 137 | 141 | 2.8% |
| Q1 2026 | 440 | $13.6B | 293,030,437 | 58 | 138 | 126 | 3.2% |
| Q4 2025 | 401 | $12.6B | 314,404,966 | 36 | 130 | 117 | 3.9% |
| Q3 2025 | 405 | $13.7B | 325,264,383 | 30 | 141 | 127 | 3.6% |
| Q2 2025 | 411 | $15.4B | 395,934,507 | 35 | 139 | 132 | 3.0% |
| Q1 2025 | 422 | $13.7B | 331,465,544 | 53 | 141 | 125 | 3.0% |
| Q4 2024 | 401 | $13.7B | 357,145,744 | 31 | 131 | 124 | 4.1% |
| Q3 2024 | 394 | $14.2B | 330,861,275 | 44 | 123 | 122 | 3.6% |
| Q2 2024 | 386 | $13.0B | 335,925,457 | 27 | 137 | 113 | 3.6% |
| Q1 2024 | 396 | $12.0B | 324,896,021 | 50 | 129 | 124 | 3.8% |
| Q4 2023 | 370 | $11.4B | 313,829,073 | 44 | 113 | 117 | 4.9% |
| Q3 2023 | 353 | $9.9B | 311,799,030 | 25 | 122 | 112 | 4.6% |
| Q2 2023 | 370 | $10.3B | 312,165,182 | 35 | 109 | 119 | 4.1% |
| Q1 2023 | 374 | $10.7B | 313,026,491 | 33 | 117 | 119 | 4.1% |
| Q4 2022 | 377 | $11.4B | 317,672,682 | 37 | 110 | 118 | 4.7% |
| Q3 2022 | 360 | $19.1B | 607,593,792 | 29 | 120 | 105 | 2.5% |
| Q2 2022 | 371 | $24.6B | 661,687,791 | 44 | 116 | 114 | 2.2% |
| Q1 2022 | 363 | $30.9B | 760,892,647 | 60 | 123 | 91 | 1.4% |
| Q4 2021 | 338 | $25.3B | 775,343,360 | 33 | 92 | 106 | 2.2% |
| Q3 2021 | 323 | $24.4B | 721,728,999 | 23 | 85 | 113 | 1.7% |
| Q2 2021 | 325 | $25.8B | 749,602,681 | 37 | 95 | 100 | 0.6% |
| Q1 2021 | 315 | $17.9B | 583,647,675 | 43 | 104 | 92 | 0.7% |
| Q4 2020 | 311 | $14.7B | 585,286,974 | 34 | 81 | 113 | 0.5% |
| Q3 2020 | 287 | $43.4B | 1,979,058,487 | 25 | 87 | 99 | 0.1% |
| Q2 2020 | 305 | $61.1B | 2,282,437,112 | 41 | 86 | 107 | 0.1% |
| Q1 2020 | 306 | $45.5B | 2,411,203,951 | 27 | 118 | 93 | 0.0% |
| Q4 2019 | 348 | $65.7B | 1,757,848,907 | 28 | 106 | 111 | 0.0% |
| Q3 2019 | 340 | $57.6B | 1,538,486,247 | 40 | 104 | 98 | 0.1% |
| Q2 2019 | 333 | $53.4B | 1,436,026,886 | 33 | 112 | 99 | 0.0% |
| Q1 2019 | 346 | $54.8B | 1,490,667,856 | 42 | 92 | 115 | 0.0% |
| Q4 2018 | 334 | $41.6B | 1,397,536,098 | 5 | 5 | 6 | 0.1% |