PEMBINA PIPELINE CORP (PBA) — Institutional Holders, Q2 2026

439 institutional investment managers reported a PBA position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $14.6B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← PBA stock profile

PBA in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

150

Trimmed

150

Sold out

Biggest buyers

ROYAL BANK OF CANADAAdded · +6,711,862 sh+$310.4M
Clearbridge InvestmentsAdded · +4,870,392 sh+$225.3M
CANADA PENSION PLAN INVESTMENT BOARDAdded · +4,471,260 sh+$206.8M
ONTARIO TEACHERS PENSION PLAN BOARDNew · +2,292,937 sh+$106.0M
GOLDMAN SACHS GROUPAdded · +2,110,387 sh+$97.6M

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THETrimmed · -2,736,762 sh-$126.6M
CIBC Asset ManagementTrimmed · -2,285,114 sh-$105.7M
Alberta Investment ManagementTrimmed · -1,998,473 sh-$92.4M
1832 Asset Management L.P.Trimmed · -1,773,370 sh-$82.0M
MACKENZIE FINANCIALTrimmed · -1,147,482 sh-$53.1M

PBA 13F holders ranked 1–100 of 439

Institutional investors reporting a position in PEMBINA PIPELINE CORP on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	ROYAL BANK OF CANADA#1 · 45,437,977 sh	45,437,977	$2.1B	0.31%	+17.3%
2	BANK OF MONTREAL#2 · 21,611,518 sh	21,611,518	$998.9M	0.33%	+2.5%
3	VANGUARD CAPITAL MANAGEMENT#3 · 16,738,025 sh	16,738,025	$774.4M	0.02%	+1.2%
4	Clearbridge Investments#4 · 13,315,671 sh	13,315,671	$615.8M	0.51%	+57.7%
5	CIBC WORLD MARKET#5 · 12,961,055 sh	12,961,055	$599.2M	0.96%	+5.5%
6	MACKENZIE FINANCIAL#6 · 7,134,199 sh	7,134,199	$468.1M	0.46%	-13.9%
7	1832 Asset Management L.P.#7 · 9,953,497 sh	9,953,497	$460.3M	0.23%	-15.1%
8	GOLDMAN SACHS GROUP#8 · 7,264,144 sh	7,264,144	$336.0M	0.03%	+40.9%
9	FIL Ltd#9 · 7,051,474 sh	7,051,474	$326.3M	0.23%	-9.4%
10	GEODE CAPITAL MANAGEMENT#10 · 6,517,821 sh	6,517,821	$307.3M	0.02%	+11.1%
11	SCOTIA CAPITAL#11 · 6,336,302 sh	6,336,302	$292.8M	1.09%	-6.1%
12	MANUFACTURERS LIFE INSURANCE COMPANY, THE#12 · 6,187,904 sh	6,187,904	$285.7M	0.22%	-30.7%
13	TD ASSET MANAGEMENT#13 · 5,945,976 sh	5,945,976	$275.0M	0.24%	-6.1%
14	NATIONAL BANK OF CANADA#14 · 5,810,105 sh	5,810,105	$268.4M	0.19%	+1.0%
15	CANADA PENSION PLAN INVESTMENT BOARD#15 · 5,731,205 sh	5,731,205	$264.9M	0.15%	+354.9%
16	DEUTSCHE BANK AG\#16 · 5,669,902 sh	5,669,902	$262.2M	0.08%	-1.0%
17	NORGES BANK#17 · 5,456,805 sh	5,456,805	$252.2M	0.03%	—
18	VANGUARD FIDUCIARY#18 · 5,157,084 sh	5,157,084	$238.6M	0.05%	+0.8%
19	TORTOISE CAPITAL ADVISORS, L.L.C.#19 · 4,623,490 sh	4,623,490	$213.9M	2.17%	+16.1%
20	MORGAN STANLEY#20 · 4,565,932 sh	4,565,932	$211.2M	0.01%	+16.6%
21	Vanguard Global Advisers#21 · 4,464,009 sh	4,464,009	$206.5M	0.10%	+9.4%
22	Legal & General Group Plc#22 · 4,307,512 sh	4,307,512	$199.2M	0.04%	-3.0%
23	Amundi#23 · 3,892,496 sh	3,892,496	$180.0M	0.04%	+15.2%
24	BANK OF NOVA SCOTIA#24 · 3,763,790 sh	3,763,790	$174.1M	0.26%	-0.1%
25	Cardinal Capital Management#25 · 3,634,579 sh	3,634,579	$167.8M	—	+2.2%
26	DIMENSIONAL FUND ADVISORS#26 · 3,467,774 sh	3,467,774	$160.4M	0.03%	+4.2%
27	CIBC Asset Management#27 · 3,381,439 sh	3,381,439	$156.5M	0.34%	-40.3%
28	MIRAE ASSET GLOBAL ETFS Ltd.#28 · 3,316,430 sh	3,316,430	$153.4M	0.18%	+6.0%
29	JPMORGAN CHASE#29 · 3,206,989 sh	3,206,989	$149.8M	<0.01%	-8.3%
30	TORONTO DOMINION BANK#30 · 2,753,013 sh	2,753,013	$127.2M	0.15%	+3.5%
31	BANK OF AMERICA#31 · 2,577,487 sh	2,577,487	$119.2M	<0.01%	-11.3%
32	UniSuper Management Pty Ltd#32 · 1,727,514 sh	1,727,514	$113.4M	—	+10.3%
33	FMR#33 · 2,440,189 sh	2,440,189	$112.9M	<0.01%	+41.6%
34	TD Waterhouse Canada#34 · 2,419,798 sh	2,419,798	$111.0M	—	-2.0%
35	ONTARIO TEACHERS PENSION PLAN BOARD#35 · 2,292,937 sh	2,292,937	$106.0M	0.67%	New
36	DekaBank Deutsche Girozentrale#36 · 2,187,064 sh	2,187,064	$98.4M	0.17%	0.0%
37	KAYNE ANDERSON CAPITAL ADVISORS#37 · 2,112,513 sh	2,112,513	$97.7M	1.92%	+31.5%
38	CHARLES SCHWAB INVESTMENT MANAGEMENT#38 · 1,943,948 sh	1,943,948	$89.9M	0.01%	+6.5%
39	Swiss National Bank#39 · 1,878,596 sh	1,878,596	$86.7M	0.05%	-4.0%
40	INTACT INVESTMENT MANAGEMENT#40 · 1,802,664 sh	1,802,664	$83.4M	2.37%	+5.9%
41	BRITISH COLUMBIA INVESTMENT MANAGEMENT#41 · 1,712,366 sh	1,712,366	$79.1M	0.50%	+148.4%
42	Invesco Ltd.#42 · 1,593,373 sh	1,593,373	$73.7M	<0.01%	-30.1%
43	BCV Asset Management#43 · 1,577,026 sh	1,577,026	$73.7M	2.23%	-1.0%
44	Neuberger Berman Group#44 · 1,554,572 sh	1,554,572	$71.9M	0.05%	+19.4%
45	Recurrent Investment Advisors#45 · 1,498,252 sh	1,498,252	$69.6M	4.32%	+0.3%
46	WESTWOOD GROUP#46 · 1,350,792 sh	1,350,792	$62.5M	0.47%	-7.8%
47	Federation des caisses Desjardins du Quebec#47 · 1,347,712 sh	1,347,712	$62.2M	0.19%	-0.2%
48	VANGUARD ASSET MANAGEMENT, Ltd#48 · 1,225,725 sh	1,225,725	$56.7M	0.04%	+12.7%
49	FRANKLIN RESOURCES#49 · 1,199,392 sh	1,199,392	$55.4M	0.01%	-8.1%
50	CUSHING ASSET MANAGEMENT, dba NXG INVESTMENT MANAGEMENT#50 · 1,158,100 sh	1,158,100	$53.6M	—	-14.7%
51	DUFF & PHELPS INVESTMENT MANAGEMENT#51 · 799,602 sh	799,602	$51.8M	0.49%	-7.0%
52	UBS Group AG#52 · 1,069,480 sh	1,069,480	$49.5M	<0.01%	+43.3%
53	MASSACHUSETTS FINANCIAL SERVICES#53 · 743,522 sh	743,522	$48.8M	0.02%	-0.1%
54	Hillsdale Investment Management#54 · 1,030,460 sh	1,030,460	$47.6M	1.09%	+207.0%
55	HEALTHCARE OF ONTARIO PENSION PLAN FUND#55 · 961,400 sh	961,400	$44.4M	0.06%	-21.1%
56	BlackRock#56 · 949,728 sh	949,728	$43.9M	<0.01%	+18.7%
57	Nuveen#57 · 931,841 sh	931,841	$43.1M	0.01%	-40.9%
58	FIRST ADVISORS#58 · 903,616 sh	903,616	$41.8M	0.02%	-8.1%
59	Fiera Capital#59 · 893,038 sh	893,038	$41.2M	0.15%	-4.1%
60	Blackstone#60 · 883,068 sh	883,068	$40.8M	0.10%	-7.3%
61	Addenda Capital#61 · 606,697 sh	606,697	$39.8M	—	+0.2%
62	D. E. Shaw#62 · 822,219 sh	822,219	$38.0M	0.02%	-35.3%
63	MUFG SECURITIES (CANADA), LTD.#63 · 822,347 sh	822,347	$38.0M	1.02%	-4.6%
64	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt#64 · 795,659 sh	795,659	$36.8M	0.03%	+179.0%
65	GREAT WEST LIFE ASSURANCE#65 · 741,878 sh	741,878	$34.2M	0.05%	+12.2%
66	NICOLA WEALTH MANAGEMENT LTD.#66 · 664,500 sh	664,500	$30.7M	3.54%	0.0%
67	NEOS Investment Management#67 · 653,163 sh	653,163	$30.2M	0.11%	+7.4%
68	Maryland State Retirement & Pension System#68 · 628,603 sh	628,603	$29.1M	0.50%	-11.8%
69	PUBLIC SECTOR PENSION INVESTMENT BOARD#69 · 612,594 sh	612,594	$28.3M	0.07%	+993.8%
70	Vanguard Investments Australia, Ltd.#70 · 579,452 sh	579,452	$26.8M	0.07%	+2.7%
71	Purpose Unlimited#71 · 537,262 sh	537,262	$24.9M	0.95%	-9.3%
72	Bank of New York Mellon#72 · 530,096 sh	530,096	$24.5M	<0.01%	+7.1%
73	AQR CAPITAL MANAGEMENT#73 · 510,227 sh	510,227	$23.6M	<0.01%	+93.4%
74	BANK OF NOVA SCOTIA#74 · 498,501 sh	498,501	$23.1M	1.91%	-6.1%
75	AVIVA PLC#75 · 495,430 sh	495,430	$22.9M	0.03%	+1.6%
76	MILLER HOWARD INVESTMENTS#76 · 465,233 sh	465,233	$21.5M	—	-18.1%
77	NORTHERN#77 · 456,609 sh	456,609	$21.1M	<0.01%	-3.5%
78	BARCLAYS PLC#78 · 442,536 sh	442,536	$20.5M	<0.01%	+65.0%
79	Harvest Portfolios Group#79 · 437,828 sh	437,828	$20.3M	0.29%	+0.1%
80	AMERICAN CENTURY COMPANIES#80 · 437,151 sh	437,151	$20.2M	<0.01%	+20.8%
81	GUARDIAN CAPITAL#81 · 436,901 sh	436,901	$20.2M	0.49%	-2.0%
82	Russell Investments Group, Ltd.#82 · 362,908 sh	362,908	$16.8M	0.01%	-32.4%
83	CITADEL ADVISORS#83 · 360,062 sh	360,062	$16.7M	<0.01%	-28.5%
84	Catalyst Capital Advisors#84 · 342,181 sh	342,181	$15.8M	0.26%	-7.5%
85	VANGUARD PORTFOLIO MANAGEMENT#85 · 333,973 sh	333,973	$15.5M	<0.01%	-28.1%
86	VAN ECK ASSOCIATES#86 · 334,019 sh	334,019	$15.4M	<0.01%	-6.7%
87	State of Tennessee, Treasury Department#87 · 330,610 sh	330,610	$15.3M	0.05%	+5.5%
88	CIDEL ASSET MANAGEMENT#88 · 307,057 sh	307,057	$14.2M	0.68%	+22.0%
89	ENVESTNET ASSET MANAGEMENT#89 · 303,247 sh	303,247	$14.0M	<0.01%	-6.0%
90	Nykredit A/S#90 · 296,833 sh	296,833	$13.7M	0.04%	—
91	RENAISSANCE TECHNOLOGIES#91 · 270,864 sh	270,864	$12.5M	0.02%	-39.2%
92	PJT Investments#92 · 267,146 sh	267,146	$12.4M	4.18%	+1.1%
93	WELLS FARGO & COMPANY#93 · 265,909 sh	265,909	$12.3M	<0.01%	+2.1%
94	CIBC Bancorp USA#94 · 252,937 sh	252,937	$11.7M	0.01%	+2.0%
95	Pictet Asset Management Holding SA#95 · 251,106 sh	251,106	$11.6M	0.01%	-0.5%
96	JANE STREET GROUP#96 · 247,466 sh	247,466	$11.4M	<0.01%	+28.5%
97	Zurcher Kantonalbank (Zurich Cantonalbank)#97 · 240,705 sh	240,705	$11.1M	0.02%	+43.6%
98	FEDERATED HERMES#98 · 238,329 sh	238,329	$11.0M	0.02%	-1.2%
99	MONTRUSCO BOLTON INVESTMENTS#99 · 224,122 sh	224,122	$10.4M	—	-0.1%
100	Beutel, Goodman & Ltd.#100 · 216,311 sh	216,311	$10.0M	0.07%	-3.1%

Funds that sold out of PBA in Q2 2026 (40)

Held PBA at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held PBA in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
LINCLUDEN MANAGEMENT LTD999,523 sh	999,523	$45.4M
MILLENNIUM MANAGEMENT415,122 sh	415,122	$18.6M
DAVIS-REA LTD.116,582 sh	116,582	$5.2M
Campbell & Investment Adviser93,416 sh	93,416	$4.2M
ALBERT D MASON40,098 sh	40,098	$1.8M
ExodusPoint Capital Management39,900 sh	39,900	$1.8M
Sciencast Management29,881 sh	29,881	$1.3M
GSA CAPITAL PARTNERS LLP26,347 sh	26,347	$1.2M
CAPSTONE INVESTMENT ADVISORS18,286 sh	18,286	$818.5K
Walleye Capital17,765 sh	17,765	$795.2K
DIVERSIFIED MANAGEMENT17,465 sh	17,465	$781.7K
Squarepoint Ops14,497 sh	14,497	$648.9K
Entropy Technologies13,974 sh	13,974	$625.5K
Summerhill Capital Management lnc.13,662 sh	13,662	$610.3K
Brevan Howard Capital Management9,396 sh	9,396	$420.6K
TWINBEECH CAPITAL8,400 sh	8,400	$376.0K
AXQ CAPITAL8,221 sh	8,221	$368.0K
CHOREO8,185 sh	8,185	$366.4K
TWO SIGMA SECURITIES7,904 sh	7,904	$353.8K
ASAHI LIFE ASSET MANAGEMENT , LTD.7,575 sh	7,575	$338.0K
Beverly Hills Private Wealth6,747 sh	6,747	$302.0K
DANSKE BANK A/S6,489 sh	6,489	$290.0K
FLOW TRADERS U.S.5,988 sh	5,988	$268.0K
AIGEN INVESTMENT MANAGEMENT5,099 sh	5,099	$228.2K
BASSO CAPITAL MANAGEMENT, L.P.5,001 sh	5,001	$223.8K
PensionDanmark Pensionsforsikringsaktieselskab3,377 sh	3,377	$150.7K
EXCHANGE TRADED CONCEPTS2,324 sh	2,324	$104.0K
Twin Tree Management1,808 sh	1,808	$80.9K
Advisory Services Network1,750 sh	1,750	$78.3K
Sound Income Strategies692 sh	692	$30.3K
Western Wealth Management553 sh	553	$24.8K
Global Wealth Strategies & Associates500 sh	500	$22.4K
TWIN PEAKS WEALTH ADVISORS485 sh	485	$21.7K
BARTLETT & WEALTH MANAGEMENT400 sh	400	$18.6K
Lavaca Capital300 sh	300	$13.4K
Harvest Fund Management , Ltd292 sh	292	$13.0K
DELTA ASSET MANAGEMENT200 sh	200	$9.0K
Destiny Wealth Partners85 sh	85	$3.8K
Addison Advisors32 sh	32	$1.4K
Root Financial Partners20 sh	20	$895.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.