PPL PEMBINA PIPELINE CORP
COM
CUSIP: 706327103
FIGI: BBG000BS6M19
Institutional Holders394
Total Institutional Value$12,351,121,671
Total Shares Held325,999,119
Avg Position$31,348,025
Top 5 Holders %38.3%
Alpha-Weighted Score67.5
New Positions+31
Exited Positions-43
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $1,736,292,000 (14.1%) | 45,619,869 | -72.4% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $1,037,512,440 (8.4%) | 27,233,442 | -3.9% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $975,694,171 (7.9%) | 25,610,283 | 2.1% |
| FIL LTD | High Conviction | Significant Flow | $532,540,744 (4.3%) | 13,978,558 | -3.3% |
| GOODMAN & COMPANY, INVESTMENT COUNSEL LTD. | High Conviction | Significant Flow | $447,876,302 (3.6%) | 11,767,638 | 550.7% |
| CIBC WORLD MARKETS INC. | High Conviction | Significant Flow | $417,028,465 (3.4%) | 10,945,629 | 9.0% |
| MACKENZIE FINANCIAL CORP | High Conviction | Significant Flow | $415,978,275 (3.4%) | 10,913,565 | -12.8% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | High Conviction | Market Mover | $375,236,084 (3.0%) | 9,828,960 | -4.7% |
| TAL INVESTMENT COUNSEL LTD | High Conviction | Significant Flow | $329,244,529 (2.7%) | 8,620,307 | 11.2% |
| TORONTO DOMINION BANK | High Conviction | Significant Flow | $269,515,598 (2.2%) | 7,074,769 | -10.6% |
| SCOTIA CAPITAL INC. | High Conviction | Moderate Flow | $261,657,929 (2.1%) | 6,878,969 | - |
| TD ASSET MANAGEMENT INC | High Conviction | Significant Flow | $239,927,082 (1.9%) | 6,289,540 | -21.8% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $236,030,191 (1.9%) | 6,201,529 | -62.8% |
| CANADA PENSION PLAN INVESTMENT BOARD | High Conviction | Significant Flow | $227,836,469 (1.8%) | 5,980,313 | -12.4% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $224,836,845 (1.8%) | 5,781,068 | - |
| NORGES BANK | High Conviction | Market Mover | $213,700,642 (1.7%) | 5,609,272 | 30.7% |
| NATIONAL BANK OF CANADA /FI/ | Moderate Conviction | Market Mover | $196,148,358 (1.6%) | 5,157,259 | 48.8% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $179,763,481 (1.5%) | 4,723,159 | 36.8% |
| CARDINAL CAPITAL MANAGEMENT, INC. | Elite Conviction | Low Flow | $171,213,551 (1.4%) | 3,274,336 | 42.2% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $170,194,381 (1.4%) | 4,461,560 | -3.9% |
| BANK OF NOVA SCOTIA | High Conviction | Significant Flow | $154,834,615 (1.3%) | 4,064,371 | 10.6% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $152,564,561 (1.2%) | 4,008,528 | -40.1% |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Elite Conviction | Low Flow | $146,782,067 (1.2%) | 3,852,716 | -8.8% |
| SIG NORTH TRADING, ULC | High Conviction | Low Flow | $116,948,180 (0.9%) | 3,072,732 | -21.1% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $116,333,892 (0.9%) | 3,056,592 | -7.9% |
| SEGESPAR | High Conviction | Market Mover | $111,724,103 (0.9%) | 2,935,473 | 6.3% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $111,246,640 (0.9%) | 2,922,928 | -61.3% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $111,133,182 (0.9%) | 2,919,947 | -59.2% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $109,825,675 (0.9%) | 2,885,514 | 16.6% |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $100,395,238 (0.8%) | 2,628,564 | -5.6% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $90,462,570 (0.7%) | 2,376,841 | -15.0% |
| FMR LLC | High Conviction | Market Mover | $90,002,065 (0.7%) | 2,362,466 | 5,097.3% |
| AGF MANAGEMENT LTD | High Conviction | Significant Flow | $86,232,459 (0.7%) | 2,261,156 | 9.8% |
| INTACT INVESTMENT MANAGEMENT INC. | High Conviction | Low Flow | $82,667,953 (0.7%) | 2,170,014 | - |
| UNISUPER MANAGEMENT PTY LTD | High Conviction | Moderate Flow | $78,440,229 (0.6%) | 1,500,100 | 59.1% |
| KAYNE ANDERSON CAPITAL ADVISORS LP | Elite Conviction | Low Flow | $67,205,130 (0.5%) | 1,765,768 | -6.0% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $66,974,726 (0.5%) | 1,755,701 | -48.9% |
| Nuveen, LLC | High Conviction | Market Mover | $65,496,454 (0.5%) | 1,716,949 | - |
| TD WATERHOUSE CANADA INC. | High Conviction | Significant Flow | $64,798,171 (0.5%) | 1,703,413 | - |
| CLEARBRIDGE INVESTMENTS, LLC | High Conviction | Significant Flow | $62,237,880 (0.5%) | 1,635,257 | -8.7% |
| WESTWOOD HOLDINGS GROUP INC | High Conviction | Moderate Flow | $59,565,270 (0.5%) | 1,565,036 | -51.2% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $58,781,480 (0.5%) | 1,539,796 | -13.1% |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC | High Conviction | Significant Flow | $57,745,453 (0.5%) | 1,517,153 | -14.4% |
| RECURRENT INVESTMENT ADVISORS LLC | Elite Conviction | Low Flow | $56,950,876 (0.5%) | 1,490,143 | -17.5% |
| NEUBERGER BERMAN GROUP LLC | High Conviction | Market Mover | $51,272,937 (0.4%) | 1,346,303 | 13.9% |
| SWANK ENERGY INCOME ADVISORS, LP | Elite Conviction | Low Flow | $51,270,626 (0.4%) | 1,347,100 | -19.1% |
| UBS Group AG | Moderate Conviction | Market Mover | $50,656,681 (0.4%) | 1,330,969 | 10.1% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $45,202,179 (0.4%) | 1,186,479 | 2.5% |
| FIRST TRUST ADVISORS LP | High Conviction | Market Mover | $44,472,895 (0.4%) | 1,168,260 | -3.4% |
| NICOLA WEALTH MANAGEMENT LTD. | High Conviction | Low Flow | $37,637,674 (0.3%) | 987,800 | 20.7% |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | High Conviction | Low Flow | $36,735,287 (0.3%) | 963,076 | -6.0% |
| Blackstone Inc. | High Conviction | Moderate Flow | $36,708,642 (0.3%) | 964,494 | -5.0% |
| FIERA SCEPTRE INC. | High Conviction | Moderate Flow | $36,510,940 (0.3%) | 957,322 | -15.9% |
| HILLSDALE INVESTMENT MANAGEMENT INC. | High Conviction | Moderate Flow | $35,001,987 (0.3%) | 917,125 | 171.3% |
| HER MAJESTY THE QUEEN IN RIGHT OF THE PROVINCE OF ALBERTA AS REPRESENTED BY ALBERTA INVESTMENT MANAGEMENT CORP | High Conviction | Significant Flow | $34,630,854 (0.3%) | 909,000 | 88.5% |
| MUFG SECURITIES (CANADA), LTD. | Elite Conviction | Minimal Flow | $33,712,528 (0.3%) | 884,716 | -13.3% |
| ADDENDA CAPITAL INC. | High Conviction | Low Flow | $32,365,784 (0.3%) | 618,967 | -8.0% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $32,214,510 (0.3%) | 845,500 | -50.3% |
| PERISCOPE CAPITAL INC. | High Conviction | Low Flow | $30,201,011 (0.2%) | 792,600 | NEW |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $30,058,465 (0.2%) | 789,056 | -67.0% |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | High Conviction | Market Mover | $29,031,025 (0.2%) | 762,770 | -6.4% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $27,064,072 (0.2%) | 711,090 | - |
| MARYLAND STATE RETIREMENT & PENSION SYSTEM | High Conviction | Moderate Flow | $25,358,975 (0.2%) | 664,819 | -10.9% |
| MILLER HOWARD INVESTMENTS INC /NY | High Conviction | Low Flow | $19,872,877 (0.2%) | 522,146 | -3.7% |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP | High Conviction | Moderate Flow | $19,848,204 (0.2%) | 520,981 | -10.5% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $19,415,403 (0.2%) | 510,126 | -8.3% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $19,101,465 (0.2%) | 500,754 | -6.8% |
| BANK OF NOVA SCOTIA TRUST CO | High Conviction | Low Flow | $18,365,206 (0.1%) | 482,533 | 8.0% |
| CGNU PLC | High Conviction | Significant Flow | $18,060,679 (0.1%) | 473,702 | -3.1% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $17,949,058 (0.1%) | 471,599 | -5.0% |
| GUARDIAN CAPITAL LP | High Conviction | Low Flow | $17,031,033 (0.1%) | 446,491 | -6.6% |
| CATALYST CAPITAL ADVISORS LLC | High Conviction | Low Flow | $15,219,699 (0.1%) | 399,887 | -15.5% |
| HARVEST PORTFOLIOS GROUP INC. | High Conviction | Moderate Flow | $15,121,298 (0.1%) | 396,916 | -3.3% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $14,582,234 (0.1%) | 296,397 | -33.4% |
| QUADRATURE CAPITAL LTD | Moderate Conviction | Significant Flow | $14,545,451 (0.1%) | 381,300 | NEW |
| STATE OF TENNESSEE, TREASURY DEPARTMENT | High Conviction | Significant Flow | $13,099,201 (0.1%) | 313,508 | - |
| SIENNA GESTION | High Conviction | Low Flow | $12,896,904 (0.1%) | 339,024 | 3.2% |
| KOREA INVESTMENT CORP | High Conviction | Significant Flow | $12,121,438 (0.1%) | 317,756 | - |
| GUARDIAN PARTNERS INC. | High Conviction | Low Flow | $11,314,982 (0.1%) | 269,137 | 14.3% |
| NORTHWEST & ETHICAL INVESTMENTS L.P. | High Conviction | Moderate Flow | $10,500,404 (0.1%) | 275,611 | 12.6% |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $10,420,095 (0.1%) | 273,531 | 1,017.1% |
| DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN | High Conviction | Market Mover | $10,351,977 (0.1%) | 271,991 | -5.9% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $10,290,145 (0.1%) | 270,104 | 9.3% |
| HERONETTA MANAGEMENT, L.P. | Elite Conviction | Minimal Flow | $10,085,786 (0.1%) | 197,698 | -7.0% |
| PJT Investments Corp. (CIK 0002080606) | High Conviction | Minimal Flow | $9,946,600 (0.1%) | 261,340 | -4.7% |
| PICTET ASSET MANAGEMENT HOLDING SA | High Conviction | Market Mover | $9,540,832 (0.1%) | 250,107 | -11.7% |
| TORON CAPITAL MARKETS INC. | High Conviction | Low Flow | $9,509,090 (0.1%) | 249,275 | -4.9% |
| CIBC PRIVATE WEALTH GROUP, LLC | High Conviction | Significant Flow | $9,489,804 (0.1%) | 249,338 | -12.4% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $9,276,203 (0.1%) | 243,725 | - |
| FEDERATED HERMES, INC. | High Conviction | Significant Flow | $9,270,160 (0.1%) | 243,567 | -9.7% |
| M&T BANK CORP | High Conviction | Significant Flow | $9,256,953 (0.1%) | 190,093 | 106.8% |
| MONTRUSCO BOLTON INVESTMENTS INC. | Elite Conviction | Moderate Flow | $8,754,355 (0.1%) | 229,490 | -22.5% |
| LOUISBOURG INVESTMENTS INC. | High Conviction | Low Flow | $8,673,212 (0.1%) | 227,338 | 18.7% |
| K.J. HARRISON & PARTNERS INC | High Conviction | Low Flow | $7,918,658 (0.1%) | 207,560 | 22.3% |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $7,762,876 (0.1%) | 203,499 | NEW |
| COMMONWEALTH EQUITY SERVICES, LLP | Moderate Conviction | Market Mover | $7,405,156 (0.1%) | 194,565 | 87,204.4% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $6,228,823 (0.1%) | 163,658 | 20.3% |
| TABR Capital Management, LLC | Moderate Conviction | Minimal Flow | $6,112,892 (0.0%) | 160,612 | NEW |
| CITIGROUP INC | Moderate Conviction | Market Mover | $5,996,136 (0.0%) | 157,185 | -31.7% |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $5,694,251 (0.0%) | 149,271 | -5.3% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 388 | $12.35B | 326,000,172 | $37.89 |
| Q3 25 | 399 | $17.99B | 454,449,340 | $39.59 |
| Q2 25 | 401 | $13.72B | 369,502,265 | $37.13 |
| Q1 25 | 413 | $14.15B | 357,414,619 | $39.58 |
| Q4 24 | 391 | $14.30B | 404,436,309 | $35.35 |
| Q3 24 | 391 | $15.25B | 385,705,073 | $39.55 |
| Q2 24 | 383 | $15.33B | 433,907,999 | $35.33 |
| Q1 24 | 392 | $13.91B | 421,499,200 | $33.01 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.