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PAA: What Does Recent Institutional Activity Indicate?

Vincent Kruger
PAA: What Does Recent Institutional Activity Indicate?

Recently, Plains All American Pipeline (PAA) stock was weak, which could be attributed to the weakness in crude oil prices in the last few months given its oil-centered operations. Let’s see how institutional investors played their holdings in Plains All American Pipeline in the third quarter. The largest institutional investor in Plains All American Pipeline, Harvest Fund Advisors added more than 6.8 million shares and held 5.9% of Plains All American Pipeline’s total outstanding shares as of September 30. ...