Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
406 institutional managers reported holding PAA for the quarter ended Mar 31, 2026. Together they hold about 40% of shares outstanding; the top 10 hold 29%. 58 opened new positions; 23 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Alps Advisors INC | 73.11M | 10.36% | $1.63B | trimmed -3.9% | ≤2013 |
| Invesco | 33.39M | 4.73% | $745.3M | unchanged | ≤2013 |
| Blackstone | 18.74M | 2.66% | $418.4M | added +41% | 2020 Q2 |
| Mirae Asset Global Etfs Holdings LTD. | 17.05M | 2.42% | $380.7M | added +4.7% | 2018 Q3 |
| Goldman Sachs | 16.54M | 2.34% | $369.3M | trimmed -17.5% | ≤2013 |
| Morgan Stanley | 11.40M | 1.62% | $254.5M | added +15.4% | ≤2013 |
| Tortoise Capital Advisors, L.l.c. | 10.79M | 1.53% | $240.9M | added +13.1% | ≤2013 |
| UBS | 8.77M | 1.24% | $195.8M | added +12.7% | ≤2013 |
| Kayne Anderson Capital Advisors LP (focused) | 6.20M | 0.88% | $138.4M | added +21.1% | ≤2013 |
| Bank OF America CORP /DE/ | 4.90M | 0.69% | $109.4M | trimmed -8.5% | ≤2013 |
| Cibc Bancorp USA INC. | 3.76M | 0.53% | $84.0M | trimmed -20.2% | 2014 Q1 |
| Brookfield CORP /ON/ | 3.69M | 0.52% | $82.4M | added +428.2% | 2016 Q3 |
| Fractal Investments LLC | 3.63M | 0.51% | $80.9M | unchanged | 2021 Q4 |
| BNP Paribas Financial Markets | 3.34M | 0.47% | $74.5M | added +97.9% | ≤2013 |
| Infrastructure Capital Advisors, LLC | 3.09M | 0.44% | $69.0M | added +4.4% | 2016 Q4 |
| Miller Howard Investments INC /NY | 2.80M | 0.40% | $62.5M | trimmed -1.9% | ≤2013 |
| Berkley W R CORP | 2.68M | 0.38% | $59.9M | unchanged | 2025 Q3 |
| Clearbridge Investments, LLC | 2.67M | 0.38% | $59.6M | unchanged | ≤2013 |
| Chickasaw Capital Management LLC | 2.65M | 0.38% | $59.2M | trimmed -2.5% | ≤2013 |
| Barclays PLC | 2.33M | 0.33% | $52.1M | trimmed -6.8% | ≤2013 |
| Eagle Global Advisors LLC | 2.27M | 0.32% | $50.6M | trimmed -37.6% | ≤2013 |
| HRT Financial LP | 2.25M | 0.32% | $50.3M | added +58.9% | 2020 Q4 |
| Cohen & Steers | 1.98M | 0.28% | $44.2M | trimmed -20.9% | ≤2013 |
| Deutsche Bank AG\ | 1.88M | 0.27% | $42.1M | unchanged | 2013 Q3 |
| Duff & Phelps Investment Management CO | 1.78M | 0.25% | $39.7M | trimmed -18.4% | ≤2013 |
| Fayez Sarofim & CO | 1.66M | 0.23% | $37.0M | unchanged | ≤2013 |
| Wells Fargo & COMPANY/MN | 1.57M | 0.22% | $35.0M | added +2.9% | ≤2013 |
| Westwood Holdings Group INC | 1.54M | 0.22% | $34.3M | added +2178.2% | 2022 Q4 |
| Energy Income Partners, LLC | 1.32M | 0.19% | $29.6M | trimmed -1.2% | ≤2013 |
| Longfellow Investment Management CO LLC | 1.23M | 0.17% | $27.5M | trimmed -22.8% | 2020 Q4 |
| Bollard Group LLC | 1.22M | 0.17% | $27.1M | added +7.7% | ≤2013 |
| Mariner, LLC | 1.02M | 0.14% | $22.7M | added +1.4% | ≤2013 |
| Raymond James Financial INC | 839.8k | 0.12% | $18.7M | added +6.9% | ≤2013 |
| Adams Asset Advisors, LLC | 823.1k | 0.12% | $18.4M | trimmed -0.6% | ≤2013 |
| State OF Wisconsin Investment Board | 785.1k | 0.11% | $17.5M | added +122.8% | 2025 Q3 |
| LPL Financial LLC | 759.3k | 0.11% | $17.0M | added +3.2% | ≤2013 |
| Mizuho Markets Americas LLC | 753.2k | 0.11% | $16.8M | opened | 2026 Q1 |
| Texas Yale Capital CORP. | 665.9k | 0.09% | $14.9M | unchanged | ≤2013 |
| Focus Partners Wealth | 654.3k | 0.09% | $14.6M | trimmed -0.5% | 2024 Q2 |
| Waverly Advisors, LLC | 622.8k | 0.09% | $13.9M | trimmed -7.9% | 2024 Q2 |
| Royal Bank OF Canada | 617.1k | 0.09% | $13.8M | added +1.8% | ≤2013 |
| Walnut Private Equity Partners, LLC (focused) | 602.3k | 0.09% | $13.4M | unchanged | 2022 Q4 |
| Americana Partners, LLC | 579.0k | 0.08% | $12.9M | unchanged | 2019 Q4 |
| Neos Investment Management LLC | 575.6k | 0.08% | $12.9M | added +1121.5% | 2025 Q4 |
| Geode Capital | 574.6k | 0.08% | $12.8M | added +3.4% | 2019 Q4 |
| Sovereign Investment Advisors, LLC | 528.9k | 0.07% | $11.8M | unchanged | 2020 Q3 |
| Exchange Traded Concepts, LLC | 525.6k | 0.07% | $11.7M | trimmed -7.1% | 2021 Q2 |
| OpenArc Corporate Advisory, LLC | 500.0k | 0.07% | $11.2M | unchanged | 2025 Q4 |
| Citigroup INC | 464.0k | 0.07% | $10.4M | trimmed -41.7% | ≤2013 |
| FMR (Fidelity) | 447.9k | 0.06% | $10.0M | trimmed -15% | 2015 Q4 |
Largest 50 of 406 shown; the full ranked, searchable register is at boothcheck.com/holders/PAA. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.