PG&E
939 hedge funds and large institutions have $36.2B invested in PG&E in 2026 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 406 increasing their positions, 314 reducing their positions, and 77 closing their positions.
598% more call options, than puts
Call options by funds: $1.84B | Put options by funds: $263M
51% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 77
39% more capital inflows, than outflows
Capital inflows: $3.21B | Capital outflows: $2.31B
29% more repeat investments, than reductions
Existing positions increased: 406 | Existing positions reduced: 314
3% more funds holding
Funds holding: 910 → 939 (+29)
15.42% less ownership
Funds ownership: 96.34% → 80.91% (-15%)
24% less funds holding in top 10
Funds holding in top 10: 21 → 16 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$339M |
| 2 |
Two Sigma Investments
New York
|
+$210M |
| 3 |
BlackRock
New York
|
+$128M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$118M |
| 5 |
Bridgewater Associates
Westport,
Connecticut
|
+$99.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$243M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$172M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$133M |
| 4 |
Brookfield Corp
Toronto,
Ontario, Canada
|
-$101M |
| 5 |
ClearBridge Investments
New York
|
-$101M |
PCG Hedge Fund Activity: Q2 2026 in Review
939 of the 8,365 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2026, worth a combined $36.2B — down 2.8% from $37.2B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new PCG positions and 77 closed out — a net gain of 39 holders — while 406 added to existing stakes and 314 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, adding an estimated $339M. The largest seller was VanEck Associates, cutting an estimated $243M.
- 939 institutional investors held PG&E (PCG) as of Q2 2026, up from 910 in Q1 2026.
- Funds reported $36.2B of PG&E stock for Q2 2026, down 2.8% quarter-over-quarter.
- 116 funds opened new PG&E positions in Q2 2026 and 77 closed out, a net change of +39 holders.
- The largest PG&E buyer in Q2 2026 was Gallagher Fiduciary Advisors, an estimated $339M added.
- The largest PG&E seller in Q2 2026 was VanEck Associates, an estimated $243M sold.
Based on aggregated 13F filings for Q2 2026.