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444 hedge funds and large institutions have $14.3B invested in PG&E in 2013 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 166 increasing their positions, 149 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

42,951% more call options, than puts

Call options by funds: $3.7B | Put options by funds: $8.59M

39% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 36

11% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 149

2% more funds holding

Funds holding: 434444 (+10)

1.03% more ownership

Funds ownership: 77.45%78.48% (+1%)

8% less capital invested

Capital invested by funds: $15.6B → $14.3B (-$1.31B)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
444
Holders Change
+10
Holders Change %
+2.3%
% of All Funds
14.4%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
50
Increased
166
Reduced
149
Closed
36
Calls
$3.7B
Puts
$8.59M
Net Calls
+$3.69B
Net Calls Change
+$3.69B
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$119M +$13.9M +319,664 +12%
Thrivent Financial for Lutherans
27
Thrivent Financial for Lutherans
Minnesota
$108M +$50.1M +1,151,717 +78%
Massachusetts Financial Services
28
Massachusetts Financial Services
Massachusetts
$100M -$5M -115,106 -4%
Invesco
29
Invesco
Georgia
$95.3M -$4.97M -114,322 -5%
TCIM
30
TIAA CREF Investment Management
New York
$94.5M +$948K +21,813 +1%
WCM
31
Wedge Capital Management
North Carolina
$90.7M +$17.5M +403,305 +22%
CBOA
32
Commonwealth Bank of Australia
Australia
$81.1M -$512K -11,790 -0.6%
Charles Schwab
33
Charles Schwab
California
$75.7M +$1.85M +42,662 +2%
Prudential Financial
34
Prudential Financial
New Jersey
$72.8M +$50.6M +1,163,526 +189%
Ameriprise
35
Ameriprise
Minnesota
$71.3M -$2.71M -62,369 -3%
RFC
36
Russell Frank Company
Washington
$70.4M -$29.2M -670,693 -28%
Mitsubishi UFJ Trust & Banking
37
Mitsubishi UFJ Trust & Banking
Japan
$63.7M +$8.16M +187,757 +14%
PAMU
38
Pictet Asset Management (UK)
United Kingdom
$62.5M -$47.8M -1,100,862 -42%
SO
39
STRS Ohio
Ohio
$61.6M +$27.2M +625,081 +71%
Adage Capital Partners
40
Adage Capital Partners
Massachusetts
$57.8M +$61.4M +1,411,682 New
Swiss National Bank
41
Swiss National Bank
Switzerland
$57.3M +$1.52M +35,000 +3%
LM
42
Luminus Management
Texas
$56.5M +$30M +690,491 +100%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$53.8M +$1.31M +30,120 +2%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$53.1M -$161K -3,700 -0.3%
Cohen & Steers
45
Cohen & Steers
New York
$52.7M +$1.02M +23,387 +2%
PI
46
Putnam Investments
Massachusetts
$52.6M -$252K -5,800 -0.4%
BlackRock
47
BlackRock
New York
$52.3M +$4.83M +111,120 +10%
Sumitomo Mitsui Trust Group
48
Sumitomo Mitsui Trust Group
Japan
$51.2M +$2.02M +46,556 +4%
CC
49
Carlson Capital
Texas
$47.8M -$12.1M -279,070 -19%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$47.8M -$3.68M -84,772 -7%

PCG Hedge Fund Activity: Q3 2013 in Review

444 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2013, worth a combined $14.3B — down 8.4% from $15.6B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new PCG positions and 36 closed out — a net gain of 14 holders — while 166 added to existing stakes and 149 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $210M. The largest seller was Fidelity Investments, cutting an estimated $261M.

  • 444 institutional investors held PG&E (PCG) as of Q3 2013, up from 434 in Q2 2013.
  • Funds reported $14.3B of PG&E stock for Q3 2013, down 8.4% quarter-over-quarter.
  • 50 funds opened new PG&E positions in Q3 2013 and 36 closed out, a net change of +14 holders.
  • The largest PG&E buyer in Q3 2013 was T. Rowe Price Associates, an estimated $210M added.
  • The largest PG&E seller in Q3 2013 was Fidelity Investments, an estimated $261M sold.

Based on aggregated 13F filings for Q3 2013.