Columbus Macro 13F: New $7.8M Stake in Pembina Pipeline (PBA)

Columbus Macro picked up a brand-new stake in Pembina Pipeline Corporation (NYSE: PBA), buying 176,054 shares worth about $7.8 million. The fund disclosed the investment in an SEC Form 13F filing on October 14, 2026. Because 13F filings look backward at the end of a reporting period, this paperwork captures portfolio choices from earlier and might not reflect what the fund holds right now.

What Changed in Columbus Macro's Pembina Pipeline Position

Columbus Macro started from scratch with Pembina Pipeline, purchasing 176,054 shares during the period. The new holding carried a reported value of $7.8 million by the time of the filing. Institutional reports like this offer a window into what large managers were buying during the quarter, though they do not show daily trading activity.

Other Institutional Activity in Pembina Pipeline

Other large institutional investors adjusted their positions in the energy midstream company around the same time. Royal Bank of Canada grew its holdings by 6,711,328 shares, ending with 45,437,977 shares worth about $2.3 billion. Bank of Montreal /CAN/ grew its holdings by 533,279 shares, ending with 21,611,518 shares worth about $1.1 billion. Vanguard Capital Management LLC grew its holdings by 203,376 shares, ending with 16,738,025 shares worth about $838.6 million. ClearBridge Investments, LLC grew its holdings by 4,870,392 shares, ending with 13,315,671 shares worth about $667.1 million. CIBC World Market, Inc. grew its holdings by 680,351 shares, ending with 12,961,055 shares worth about $649.3 million.

Pembina Pipeline Corporation Stock Up 3.3%

Pembina Pipeline shares recently traded around $49.78. That puts the stock below its 52-week high of $51.58, and well above its 52-week low of $36.20. The company trades above both its 50-day moving average of $47.61 and its 200-day moving average of $45.72.

Recent Earnings

Pembina Pipeline posted trailing-twelve-month revenue of nearly $8.0 billion alongside $2.05 in earnings per share. The company reported a net profit margin of 22.4% and a return on equity of 10.5%. Investors will look toward the next earnings update scheduled for November 5, 2026.

Dividend

Pembina Pipeline pays an annual dividend of $2.07 per share, translating to a dividend yield of 4.3%. The company's payout ratio stands at 100.9%.

About Pembina Pipeline Corporation

Pembina Pipeline Corporation operates energy infrastructure across North America, focusing on pipelines, storage facilities, and midstream services that move oil and natural gas. Its vast network connects major supply basins with key markets, making it a central player in the Canadian energy sector. Institutional interest from managers like Columbus Macro highlights ongoing attention toward the firm's stable asset base and energy transport operations.

Bottom Line

Columbus Macro's new position puts fresh eyes on the midstream operator as markets await the company's next financial update on November 5, 2026. Investors tracking these disclosures should keep in mind that 13F filings are historical snapshots and may not reflect current trading. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.