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Which hedge funds own PAA? PLAINS ALL AMERN PIPELINE L, Q2 2026 13F holders

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9 of the hedge funds tracked by WhaleCreep disclosed a position in PAA (PLAINS ALL AMERN PIPELINE L) in their Q2 2026 13F filings, worth $164.1m in total. The largest holder by portfolio weight is Kayne Anderson Capital Advisors LP at 2.7% of its book. 2 managers opened a new position this quarter: Gsa Capital Partners LLP, Citadel Advisors LLC. 2 exited: Callodine Capital Management, LP, CenterStar Asset Management, LLC.

9tracked managers holding
2opened this quarter
2exited this quarter

Who discovered PAA first?

Earliest meaningful positions among the 5 tracked managers we observed opening PAA since Q4 2003.

1 Hite Hedge Asset Management LLC First reported Q4 2013 High conviction 1.6%initial weight · $4.5m Exitedby Q4 2020 · held 14q stock change

Weight of Hite Hedge Asset Management LLC's 13F book in PAA, by quarter

0%5%10%Q4 2013 · 1.6% of book · $4.5mQ1 2014 · 0.5% of book · $1.7mQ2 2016 · 0.3% of book · $693.0kQ3 2016 · 0.2% of book · $535.0kQ4 2016 · 6.5% of book · $25.0mQ3 2017 · 0.7% of book · $2.7mQ4 2017 · 3.4% of book · $19.0mQ2 2018 · 1.0% of book · $6.0mQ1 2019 · 0.4% of book · $2.6mQ3 2019 · 2.0% of book · $9.8mQ4 2019 · 0.6% of book · $3.2mQ1 2020 · 1.4% of book · $4.3mQ2 2020 · 1.3% of book · $3.5mQ3 2020 · 1.5% of book · $4.7m2014201520162017201820192020
  • 6.5% peak weight, Q4 2016
  • $25.0m peak reported value
  • 14 quarters held, in 4 separate spells
10 managers already held PAA when our coverage of them began

Kayne Anderson Capital Advisors LP (Q1 2026), Pin Oak Investment Advisors INC (Q1 2026), RR Advisors, LLC (Q1 2026), Morgan Creek Capital Management, LLC (Q1 2026), Fulcrum Asset Management LLP (Q1 2026), Squarepoint Ops LLC (Q1 2026), Aqr Capital Management LLC (Q1 2026), Callodine Capital Management, LP (Q1 2026), CenterStar Asset Management, LLC (Q1 2026), Msrh, LLC (Q1 2026).

Their first filing on record already includes PAA, so when they first bought it is unknown. They are not ranked above.

View discovery timeline
tracked universe expands →Split-adjusted price$20% of tracked managers holding0%10%New holders per 100 tracked managers010Q4 2003 · 1 of 13 tracked managers hold (7.7%) · 1 newQ1 2004 · 1 of 14 tracked managers hold (7.1%) · 0 newQ2 2004 · 0 of 13 tracked managers hold (0.0%) · 0 newQ3 2004 · 0 of 14 tracked managers hold (0.0%) · 0 newQ4 2004 · 0 of 18 tracked managers hold (0.0%) · 0 newQ1 2005 · 0 of 18 tracked managers hold (0.0%) · 0 newQ2 2005 · 0 of 17 tracked managers hold (0.0%) · 0 newQ3 2005 · 0 of 16 tracked managers hold (0.0%) · 0 newQ4 2005 · 0 of 18 tracked managers hold (0.0%) · 0 newQ1 2006 · 0 of 19 tracked managers hold (0.0%) · 0 newQ2 2006 · 0 of 20 tracked managers hold (0.0%) · 0 newQ3 2006 · 0 of 19 tracked managers hold (0.0%) · 0 newQ4 2006 · 0 of 22 tracked managers hold (0.0%) · 0 newQ1 2007 · 0 of 21 tracked managers hold (0.0%) · 0 newQ2 2007 · 0 of 22 tracked managers hold (0.0%) · 0 newQ3 2007 · 0 of 21 tracked managers hold (0.0%) · 0 newQ4 2007 · 0 of 25 tracked managers hold (0.0%) · 0 newQ1 2008 · 0 of 24 tracked managers hold (0.0%) · 0 newQ2 2008 · 0 of 24 tracked managers hold (0.0%) · 0 newQ3 2008 · 0 of 26 tracked managers hold (0.0%) · 0 newQ4 2008 · 0 of 28 tracked managers hold (0.0%) · 0 newQ1 2009 · 0 of 26 tracked managers hold (0.0%) · 0 newQ2 2009 · 0 of 26 tracked managers hold (0.0%) · 0 newQ3 2009 · 1 of 26 tracked managers hold (3.8%) · 1 newQ4 2009 · 0 of 27 tracked managers hold (0.0%) · 0 newQ1 2010 · 0 of 28 tracked managers hold (0.0%) · 0 newQ2 2010 · 0 of 25 tracked managers hold (0.0%) · 0 newQ3 2010 · 0 of 26 tracked managers hold (0.0%) · 0 newQ4 2010 · 0 of 31 tracked managers hold (0.0%) · 0 newQ1 2011 · 0 of 32 tracked managers hold (0.0%) · 0 newQ2 2011 · 0 of 33 tracked managers hold (0.0%) · 0 newQ3 2011 · 0 of 33 tracked managers hold (0.0%) · 0 newQ4 2011 · 0 of 37 tracked managers hold (0.0%) · 0 newQ1 2012 · 0 of 37 tracked managers hold (0.0%) · 0 newQ2 2012 · 0 of 37 tracked managers hold (0.0%) · 0 newQ3 2012 · 0 of 37 tracked managers hold (0.0%) · 0 newQ4 2012 · 0 of 40 tracked managers hold (0.0%) · 0 newQ1 2013 · 0 of 39 tracked managers hold (0.0%) · 0 newQ2 2013 · 0 of 41 tracked managers hold (0.0%) · 0 newQ3 2013 · 0 of 43 tracked managers hold (0.0%) · 0 newQ4 2013 · 1 of 45 tracked managers hold (2.2%) · 1 newQ1 2014 · 1 of 45 tracked managers hold (2.2%) · 0 newQ2 2014 · 0 of 46 tracked managers hold (0.0%) · 0 newQ3 2014 · 0 of 46 tracked managers hold (0.0%) · 0 newQ4 2014 · 0 of 49 tracked managers hold (0.0%) · 0 newQ1 2015 · 0 of 49 tracked managers hold (0.0%) · 0 newQ2 2015 · 0 of 49 tracked managers hold (0.0%) · 0 newQ3 2015 · 0 of 49 tracked managers hold (0.0%) · 0 newQ4 2015 · 0 of 49 tracked managers hold (0.0%) · 0 newQ1 2016 · 0 of 49 tracked managers hold (0.0%) · 0 newQ2 2016 · 1 of 49 tracked managers hold (2.0%) · 0 newQ3 2016 · 1 of 49 tracked managers hold (2.0%) · 0 newQ4 2016 · 1 of 53 tracked managers hold (1.9%) · 0 newQ1 2017 · 0 of 53 tracked managers hold (0.0%) · 0 newQ2 2017 · 0 of 53 tracked managers hold (0.0%) · 0 newQ3 2017 · 1 of 53 tracked managers hold (1.9%) · 0 newQ4 2017 · 1 of 56 tracked managers hold (1.8%) · 0 newQ1 2018 · 0 of 56 tracked managers hold (0.0%) · 0 newQ2 2018 · 1 of 56 tracked managers hold (1.8%) · 0 newQ3 2018 · 0 of 56 tracked managers hold (0.0%) · 0 newQ4 2018 · 0 of 57 tracked managers hold (0.0%) · 0 newQ1 2019 · 1 of 57 tracked managers hold (1.8%) · 0 newQ2 2019 · 0 of 57 tracked managers hold (0.0%) · 0 newQ3 2019 · 1 of 57 tracked managers hold (1.8%) · 0 newQ4 2019 · 1 of 64 tracked managers hold (1.6%) · 0 newQ1 2020 · 1 of 65 tracked managers hold (1.5%) · 0 newQ2 2020 · 1 of 65 tracked managers hold (1.5%) · 0 newQ3 2020 · 1 of 65 tracked managers hold (1.5%) · 0 newQ4 2020 · 0 of 68 tracked managers hold (0.0%) · 0 newQ1 2021 · 0 of 67 tracked managers hold (0.0%) · 0 newQ2 2021 · 0 of 67 tracked managers hold (0.0%) · 0 newQ3 2021 · 0 of 68 tracked managers hold (0.0%) · 0 newQ4 2021 · 0 of 71 tracked managers hold (0.0%) · 0 newQ1 2022 · 0 of 71 tracked managers hold (0.0%) · 0 newQ2 2022 · 0 of 71 tracked managers hold (0.0%) · 0 newQ3 2022 · 0 of 71 tracked managers hold (0.0%) · 0 newQ4 2022 · 0 of 70 tracked managers hold (0.0%) · 0 newQ1 2023 · 0 of 70 tracked managers hold (0.0%) · 0 newQ2 2023 · 0 of 70 tracked managers hold (0.0%) · 0 newQ3 2023 · 0 of 70 tracked managers hold (0.0%) · 0 newQ4 2023 · 0 of 70 tracked managers hold (0.0%) · 0 newQ1 2024 · 0 of 70 tracked managers hold (0.0%) · 0 newQ2 2024 · 0 of 70 tracked managers hold (0.0%) · 0 newQ3 2024 · 0 of 70 tracked managers hold (0.0%) · 0 newQ4 2024 · 0 of 69 tracked managers hold (0.0%) · 0 newQ1 2025 · 0 of 68 tracked managers hold (0.0%) · 0 newQ2 2025 · 0 of 68 tracked managers hold (0.0%) · 0 newQ3 2025 · 0 of 68 tracked managers hold (0.0%) · 0 newQ4 2025 · 0 of 68 tracked managers hold (0.0%) · 0 newQ1 2026 · price $22 · 10 of 1200 tracked managers hold (0.8%) · 0 newQ2 2026 · price $22 · 9 of 1185 tracked managers hold (0.8%) · 2 new200420082012201620202024

Dots mark the ranked managers' first reported quarters. Price is the quarter-end price implied by 13F filings, split-adjusted, shown from Q1 2026 where the series is continuous. Coverage widened in Q1 2026 from about a hundred managers to over a thousand, so holders and new holders are shown relative to the managers filing each quarter.

How this is calculated

13F filings are quarterly snapshots of long US-listed equity positions. They do not show exact purchase dates, intra-quarter trading, short positions, most derivatives, or a manager's actual performance. "First reported" is the first quarter-end filing that shows the position.

A manager is ranked only if we observed it filing, without PAA, within two quarters before its first position. Ranking is by the first quarter the position reached 1% of the manager's 13F book in a run of at least 2 filings, then by peak weight. "High conviction" means a peak weight of at least 5%.

Stock changes are the split-adjusted change in the quarter-end price implied by 13F filings, excluding dividends. They describe the stock over the period, not the return any manager earned. Phases are cut where the share of tracked managers holding PAA passed one third and two thirds of its peak.

Which hedge funds hold PAA? Current holders by portfolio weight

ManagerAs ofWeight of bookValueSharesΔ sharesAction
Kayne Anderson Capital Advisors LPQ2 2026 2.7%$137.8m6,191,802 -0% held
Pin Oak Investment Advisors INCQ2 2026 0.4%$601.0k27,017 2% added
RR Advisors, LLCQ2 2026 0.4%$1.4m62,549 0% held
Morgan Creek Capital Management, LLCQ2 2026 0.3%$392.7k17,642 0% held
Fulcrum Asset Management LLPQ2 2026 0.0%$492.9k22,282 0% held
Gsa Capital Partners LLPQ2 2026 0.0%$651.0k29,239 new
Citadel Advisors LLCQ2 2026 0.0%$22.0m987,394 new
Squarepoint Ops LLCQ2 2026 0.0%$558.7k25,100 0% held
Aqr Capital Management LLCQ2 2026 0.0%$230.1k10,338 0% held

Exited since the previous quarter

ManagerPrior weightPrior value
Callodine Capital Management, LP7.1%$4.5m
CenterStar Asset Management, LLC2.1%$408.6k

Held in a manager's last filing on record

These managers have not filed for the latest quarter; their last disclosure is dated.

ManagerLast filingWeight
horizon_kineticsQ2 20260.0%
Msrh, LLCQ1 20260.0%

How has hedge fund ownership of PAA changed?

QuarterManagers holdingCombined value
Q2 202610$166.5m
Q1 202611$149.0m
Q3 20251$13.6k
Q4 20241$9.2k
Q3 20241$9.3k
Q2 20241$9.6k
Q1 20241$9.4k
Q3 20231$23.8k
Q2 20231$21.9k
Q1 20231$24.4k
Q4 20221$18.0k
Q4 20201$1.8m
Q3 20201$4.7m
Q2 20201$3.5m
Q1 20202$4.3m
Q4 20193$8.4m

Counts every tracked manager that disclosed PAA in that quarter's filing, including managers that have since stopped filing.