PG&E
447 hedge funds and large institutions have $17.5B invested in PG&E in 2014 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 166 increasing their positions, 160 reducing their positions, and 31 closing their positions.
782% more call options, than puts
Call options by funds: $55.9M | Put options by funds: $6.34M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
29% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 31
2% more funds holding
Funds holding: 438 → 447 (+9)
4% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 160
1.38% less ownership
Funds ownership: 84.09% → 82.71% (-1.4%)
7% less capital invested
Capital invested by funds: $18.8B → $17.5B (-$1.23B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$117M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$90M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$53M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$49.3M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$44.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$191M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$127M |
| 3 |
First Eagle Investment Management
New York
|
-$61.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$50.9M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$50M |
PCG Hedge Fund Activity: Q3 2014 in Review
447 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2014, worth a combined $17.5B — down 6.5% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PCG positions and 31 closed out — a net gain of 9 holders — while 166 added to existing stakes and 160 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $117M. The largest seller was Capital Research Global Investors, cutting an estimated $191M.
- 447 institutional investors held PG&E (PCG) as of Q3 2014, up from 438 in Q2 2014.
- Funds reported $17.5B of PG&E stock for Q3 2014, down 6.5% quarter-over-quarter.
- 40 funds opened new PG&E positions in Q3 2014 and 31 closed out, a net change of +9 holders.
- The largest PG&E buyer in Q3 2014 was Eaton Vance Management, an estimated $117M added.
- The largest PG&E seller in Q3 2014 was Capital Research Global Investors, an estimated $191M sold.
Based on aggregated 13F filings for Q3 2014.