Who owns PBA?
Institutional ownership of Pembina Pipeline Corp. from Form 13F, Q2 2026
432 institutional managers reported holding Pembina Pipeline Corp. (PBA) in Form 13F filings for Q2 2026, with 311,381,890 shares worth $14.6B. The largest reported holder was Royal Bank of Canada. Managers that filed both quarters added a net 18,394,746 shares (+6.3%). 40 opened new positions and 39 sold out.
- Funds holding
- 432
- Value held
- $14.6B
- New / sold out
- 40 / 39
- Net shares, same filers
- +6.3%
Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
Largest holders of PBA
| Fund | Value | Share of 13F holdings | Shares | Move |
|---|---|---|---|---|
| Royal Bank of Canada | $2.1B | 14.6% | 45,437,977 | Added |
| Bank of Montreal | $999M | 6.9% | 21,611,518 | Added |
| Vanguard Capital Management LLC | $774M | 5.4% | 16,738,025 | Added |
| Clearbridge Investments, LLC | $616M | 4.3% | 13,315,671 | Added |
| CIBC World Market Inc. | $599M | 4.2% | 12,961,055 | Added |
| Mackenzie Financial Corp | $468M | 2.3% | 7,134,199 | Trimmed |
| 1832 Asset Management L.P. | $460M | 3.2% | 9,953,497 | Trimmed |
| Goldman Sachs Group Inc | $336M | 2.3% | 7,264,144 | Added |
| FIL Ltd | $326M | 2.3% | 7,051,474 | Trimmed |
| Geode Capital Management, LLC | $307M | 2.1% | 6,517,821 | Added |
| Scotia Capital Inc. | $293M | 2.0% | 6,336,302 | Trimmed |
| Manufacturers Life Insurance Company, the | $286M | 2.0% | 6,187,904 | Trimmed |
| TD Asset Management Inc | $275M | 1.9% | 5,945,976 | Trimmed |
| National Bank of Canada | $268M | 1.9% | 5,810,105 | Added |
| Canada Pension Plan Investment Board | $265M | 1.8% | 5,731,205 | Added |
| Deutsche Bank Ag\ | $262M | 1.8% | 5,669,902 | Trimmed |
| Norges Bank | $252M | 1.8% | 5,456,805 | New |
| Vanguard Fiduciary Trust Co | $239M | 1.7% | 5,157,084 | Added |
| Tortoise Capital Advisors, L.l.c. | $214M | 1.5% | 4,623,490 | Added |
| Morgan Stanley | $211M | 1.5% | 4,565,932 | Added |
| Vanguard Global Advisers, LLC | $207M | 1.4% | 4,464,009 | Added |
| Legal & General Group Plc | $199M | 1.4% | 4,307,512 | Trimmed |
| Amundi | $180M | 1.3% | 3,892,496 | Added |
| Bank of Nova Scotia | $174M | 1.2% | 3,763,790 | Unchanged |
| Cardinal Capital Management, Inc. | $168M | 1.2% | 3,634,579 | Added |
Share of 13F holdings is each fund's shares as a share of the 311,381,890 PBA shares all 13F filers reported, not of shares outstanding.
Biggest buyers in Q2 2026
- Royal Bank of Canada Added+$310M
- Norges Bank New+$252M
- Clearbridge Investments, LLC Added+$225M
- Canada Pension Plan Investment Board Added+$207M
- Ontario Teachers Pension Plan Board New+$106M
- Goldman Sachs Group Inc Added+$97.6M
- BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added+$47.3M
- FMR LLC Added+$33.2M
- Hillsdale Investment Management Inc. Added+$32.1M
- CIBC World Market Inc. Added+$31.5M
Biggest sellers in Q2 2026
- Manufacturers Life Insurance Company, the Trimmed-$126M
- CIBC Asset Management Inc Trimmed-$106M
- Alberta Investment Management Corp Trimmed-$92.4M
- 1832 Asset Management L.P. Trimmed-$82.0M
- Mackenzie Financial Corp Trimmed-$75.3M
- MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd Sold out-$45.4M
- FIL Ltd Trimmed-$34.0M
- Invesco Ltd. Trimmed-$31.7M
- Nuveen, LLC Trimmed-$29.8M
- D. E. Shaw & Co., Inc. Trimmed-$20.7M
The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $1.8B and sold $938M; 149 added and 142 trimmed.
Questions about PBA ownership
- Who owns PBA stock?
- 432 institutional investment managers reported PBA positions in their Form 13F filings for Q2 2026, holding 311,381,890 shares worth $14.6B in total. Royal Bank of Canada reported the largest position.
- Are funds buying or selling PBA?
- In Q2 2026, 40 managers opened new PBA positions, 149 added, 142 trimmed and 39 sold out. Managers that filed in both quarters added a net 18,394,746 shares.
- How current is this PBA institutional ownership data?
- It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to PBA by CUSIP. Options are left out. PBA news and filings · PBA insider trades · Top funds