PG&E
827 hedge funds and large institutions have $31.5B invested in PG&E in 2025 Q3 according to their latest regulatory filings, with 152 funds opening new positions, 320 increasing their positions, 266 reducing their positions, and 76 closing their positions.
200% more call options, than puts
Call options by funds: $1.67B | Put options by funds: $555M
100% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 76
20% more repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 266
9% more funds holding
Funds holding: 757 → 827 (+70)
8% more capital invested
Capital invested by funds: $29.2B → $31.5B (+$2.3B)
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
0.3% less ownership
Funds ownership: 78.3% → 78% (-0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$461M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$320M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$144M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$136M |
| 5 |
RCMU
Rokos Capital Management (UK)
London,
United Kingdom
|
+$99.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$349M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$188M |
| 3 |
Millennium Management
New York
|
-$181M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$145M |
| 5 |
BlackRock
New York
|
-$114M |
PCG Hedge Fund Activity: Q3 2025 in Review
827 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2025, worth a combined $31.5B — up 7.9% from $29.2B a quarter earlier.
Buyers outnumbered sellers: 152 funds opened new PCG positions and 76 closed out — a net gain of 76 holders — while 320 added to existing stakes and 266 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $461M. The largest seller was JP Morgan Chase, cutting an estimated $349M.
- 827 institutional investors held PG&E (PCG) as of Q3 2025, up from 757 in Q2 2025.
- Funds reported $31.5B of PG&E stock for Q3 2025, up 7.9% quarter-over-quarter.
- 152 funds opened new PG&E positions in Q3 2025 and 76 closed out, a net change of +76 holders.
- The largest PG&E buyer in Q3 2025 was Capital Research Global Investors, an estimated $461M added.
- The largest PG&E seller in Q3 2025 was JP Morgan Chase, an estimated $349M sold.
Based on aggregated 13F filings for Q3 2025.