PBA
Pembina Pipeline Corporation · Energy · Oil & Gas Midstream
Momentum inputs (comparable managers):
holder breadth -12.5% ·
share flow -9.6% ·
net new positions -14.3%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 117 | 0 | 247.19M | $11.59B | +5 | −4 |
| Q1 2026 | 118 | +2 | 230.94M | $10.35B | +4 | −3 |
| Q4 2025 | 116 | -2 | 261.37M | $9.96B | +1 | −2 |
| Q3 2025 | 18 | +2 | 51.53M | $2.09B | +2 | −1 |
| Q2 2025 | 14 | -2 | 40.92M | $1.54B | +1 | −3 |
| Q1 2025 | 13 | +4 | 18.41M | $740.07M | +4 | — |
| Q4 2024 | 9 | 0 | 14.25M | $528.99M | +2 | −2 |
| Q3 2024 | 9 | -2 | 12.16M | $502.86M | — | −2 |
| Q2 2024 | 11 | — | 13.20M | $490.76M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 26.11M | — | $980.54M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | The Vanguard Group ✦ (passive) | 26.11M | — | $980.54M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | The Vanguard Group ✦ (passive) | 26.11M | — | $980.54M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | The Vanguard Group ✦ (passive) | 26.11M | — | $980.54M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | The Vanguard Group ✦ (passive) | 26.11M | — | $980.54M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Norges Bank ✦ (passive) | 6.11M | +27.5% | $229.61M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 7 | Geode Capital Management ✦ (passive) | 4.85M | +19.9% | $185.02M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 8 | Geode Capital Management ✦ (passive) | 4.85M | +19.9% | $185.02M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 9 | Arrowstreet Capital ✦ | 1.14M | -57.5% | $42.86M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 10 | Wellington Management ✦ | 761.60K | -34.3% | $28.54M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 11 | Wellington Management ✦ | 761.60K | -34.3% | $28.54M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 12 | Wellington Management ✦ | 761.60K | -34.3% | $28.54M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 13 | Wellington Management ✦ | 761.60K | -34.3% | $28.54M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 14 | D. E. Shaw & Co. ✦ | 675.54K | +317.6% | $25.38M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 15 | D. E. Shaw & Co. ✦ | 675.54K | +317.6% | $25.38M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 16 | BlackRock ✦ (passive) | 660.26K | — | $24.77M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | BlackRock ✦ (passive) | 660.26K | — | $24.77M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | BlackRock ✦ (passive) | 660.26K | — | $24.77M | 0.0% | n/c | 1 | SEC ↗ |
| 19 | BlackRock ✦ (passive) | 660.26K | — | $24.77M | 0.0% | n/c | 1 | SEC ↗ |
| 20 | BlackRock ✦ (passive) | 660.26K | — | $24.77M | 0.0% | n/c | 1 | SEC ↗ |
| 21 | BlackRock ✦ (passive) | 660.26K | — | $24.77M | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Renaissance Technologies ✦ | 231.26K | -33.2% | $8.67M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 23 | Citadel Advisors ✦ | 116.73K | -80.0% | $4.38M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 24 | Fidelity (FMR) ✦ | 95.44K | — | $3.58M | 0.0% | n/c | 1 | SEC ↗ |
| 25 | Fidelity (FMR) ✦ | 95.44K | — | $3.58M | 0.0% | n/c | 1 | SEC ↗ |
| 26 | Fidelity (FMR) ✦ | 95.44K | — | $3.58M | 0.0% | n/c | 1 | SEC ↗ |
| 27 | Fidelity (FMR) ✦ | 95.44K | — | $3.58M | 0.0% | n/c | 1 | SEC ↗ |
| 28 | Capital World Investors ✦ | 73.89K | -97.7% | $2.77M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 29 | Two Sigma Investments ✦ | 69.40K | -75.2% | $2.60M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 30 | AQR Capital Management ✦ | 13.25K | +42.0% | $496,857 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 31 | AQR Capital Management ✦ | 13.25K | +42.0% | $496,857 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 32 | Marshall Wace ✦ | 6.74K | New | $252,667 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $252,667 | 0.0% |
Exited
| Millennium Management | $40.63M | was 0.0% |
| Point72 Asset Management | $5.98M | was 0.0% |
| Gotham Asset Management | $676,547 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 91.41K shares, $4.33M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.