The largest holder of Pembina Pipeline stock is Royal Trust Corporation of Canada, with 45.7 million shares (7.87% of the company), worth about $2.23 billion as of September 25, 2026. The 10 largest holders together own 26.0%.
In Q2 2026, 460 institutional holdings reports listed 313.0 million shares worth $14.70 billion, up 6.8% in shares from Q1 2026.
Insiders reported 76 transactions in the last two years: no sales and no purchases. The newest one on file is from April 8, 2026 (Burrows, J Scott, Senior Officer of Issuer).
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026); insider transactions on file through April 8, 2026.

2026Q2
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Royal Trust Corporation of Canada | 45.7 million | 7.87% | $2.2B |
| BMO Bank NA (Investment Management) | 19.6 million | 3.36% | $952.0M |
| Vanguard Capital Management LLC | 16.7 million | 2.88% | $815.0M |
| ClearBridge Investments Ltd. (Investment Management) | 13.3 million | 2.29% | $648.0M |
| CIBC World Markets, Inc. | 13.0 million | 2.23% | $631.0M |
| Vanguard Fiduciary Trust Co. | 11.4 million | 1.97% | $556.0M |
| 1832 Asset Management LP | 10.0 million | 1.71% | $485.0M |
| Goldman Sachs Asset Management LP | 7.3 million | 1.25% | $354.0M |
| Mackenzie Financial Corp. | 7.1 million | 1.23% | $347.0M |
| Fidelity Investments Canada ULC | 7.1 million | 1.21% | $343.0M |
As of September 25, 2026.
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 460 | 313.0 million | $14.7B |
| Q1 2026 | 457 | 293.0 million | $13.2B |
| Q4 2025 | 417 | 314.0 million | $12.1B |
| Q3 2025 | 426 | 325.0 million | $13.2B |
| Q2 2025 | 432 | 400.0 million | $15.1B |
| Q1 2025 | 447 | 331.0 million | $13.3B |
| Q4 2024 | 426 | 357.0 million | $13.2B |
| Q3 2024 | 425 | 331.0 million | $13.7B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
| Insider | Date | Title | Transaction | Value |
|---|---|---|---|---|
| Burrows, J Scott | Apr 8, 2026 | Senior Officer of Issuer | Exercise of options at price 36.44 per share. | $65,016 |
| Burrows, J Scott | Apr 8, 2026 | Senior Officer of Issuer | Exercise of options at price 26.95 per share. | $156,744 |
| Burrows, J Scott | Apr 8, 2026 | Senior Officer of Issuer | Exercise of options at price 32.82 per share. | $376,305 |
| Burrows, J Scott | Apr 8, 2026 | Senior Officer of Issuer | Disposition in the public market at price 44.36 per share. | $79,136 |
| Burrows, J Scott | Apr 8, 2026 | Senior Officer of Issuer | Disposition in the public market at price 44.02 per share. | $256,064 |
| Burrows, J Scott | Apr 8, 2026 | Senior Officer of Issuer | Disposition in the public market at price 44.80 per share. | $513,587 |
| Goldade (Cameron) | Apr 8, 2026 | Senior Officer of Issuer | Exercise of options at price 26.95 per share. | $370,291 |
| Goldade (Cameron) | Apr 8, 2026 | Senior Officer of Issuer | Disposition in the public market at price 26.95 per share. | $370,291 |
| Sprott (Jaret) | Apr 7, 2026 | Senior Officer of Issuer | Exercise of options at price 26.87 per share. | $1.1M |
| Sprott (Jaret) | Apr 7, 2026 | Senior Officer of Issuer | Exercise of options at price 35.11 per share. | $100,757 |
| Sprott (Jaret) | Apr 7, 2026 | Senior Officer of Issuer | Disposition in the public market at price 44.46 per share. | $1.8M |
| Sprott (Jaret) | Apr 7, 2026 | Senior Officer of Issuer | Disposition in the public market at price 44.46 per share. | $127,585 |
Newest 12 of 76 insider transactions in the last two years.
Royal Trust Corporation of Canada, with 7.87% of the company (as of September 25, 2026). Next: BMO Bank NA (Investment Management) (3.36%) and Vanguard Capital Management LLC (2.88%).
460 institutional holdings reports listed Pembina Pipeline shares in Q2 2026, 313.0 million shares in all worth $14.70 billion.
In the last two years insiders reported no sales and no purchases (76 transactions in all); the newest on file is from April 8, 2026.