Derbend Asset Management decreased its holdings in shares of Plains All American Pipeline, L.P. ( NYSE:PAA – Get Rating ) by 7.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 72,390 shares of the pipeline company's stock after selling 5,976 shares during the period. Derbend Asset Management's holdings in Plains All American Pipeline were worth $851,000 as of its most recent SEC filing. Several other institutional investors have also recently bought and sold shares of PAA.

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