PG&E
PCG
619 hedge funds and large institutions have $18.4B invested in PG&E in 2018 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 221 increasing their positions, 216 reducing their positions, and 87 closing their positions.
42% more call options, than puts
Call options by funds: $147M | Put options by funds: $103M
29% more funds holding in top 10
Funds holding in top 10: 17 → 22 (+5)
2% more repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 216
0% less ownership
Funds ownership: 81.37% → 81.37% (-0%)
1% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 87
2% less capital invested
Capital invested by funds: $18.7B → $18.4B (-$284M)
1% less funds holding
Funds holding: 627 → 619 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$294M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$270M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$166M |
| 4 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$160M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$258M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$186M |
| 3 |
Two Sigma Investments
New York
|
-$129M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$110M |
| 5 |
Two Sigma Advisers
New York
|
-$110M |
PCG Hedge Fund Activity: Q1 2018 in Review
619 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2018, worth a combined $18.4B — down 1.5% from $18.7B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of PCG and 86 opened new positions — a net loss of 1 holder — while 216 trimmed existing stakes and 221 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $294M. The largest seller was Franklin Resources, cutting an estimated $258M.
- 619 institutional investors held PG&E (PCG) as of Q1 2018, down from 627 in Q4 2017.
- Funds reported $18.4B of PG&E stock for Q1 2018, down 1.5% quarter-over-quarter.
- 86 funds opened new PG&E positions in Q1 2018 and 87 closed out, a net change of -1 holder.
- The largest PG&E buyer in Q1 2018 was T. Rowe Price Associates, an estimated $294M added.
- The largest PG&E seller in Q1 2018 was Franklin Resources, an estimated $258M sold.
Based on aggregated 13F filings for Q1 2018.