PG&E
584 hedge funds and large institutions have $25.9B invested in PG&E in 2016 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 250 increasing their positions, 170 reducing their positions, and 31 closing their positions.
334% more call options, than puts
Call options by funds: $108M | Put options by funds: $24.9M
94% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 31
47% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 170
9% more capital invested
Capital invested by funds: $23.7B → $25.9B (+$2.16B)
4% more funds holding
Funds holding: 561 → 584 (+23)
1.37% less ownership
Funds ownership: 83.1% → 81.73% (-1.4%)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$137M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$105M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$86.2M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$85.2M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$83.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$418M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$171M |
| 3 |
Goldman Sachs
New York
|
-$126M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$121M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$81.9M |
PCG Hedge Fund Activity: Q2 2016 in Review
584 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2016, worth a combined $25.9B — up 9.1% from $23.7B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PCG positions and 31 closed out — a net gain of 29 holders — while 250 added to existing stakes and 170 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $137M. The largest seller was Royal London Asset Management, cutting an estimated $418M.
- 584 institutional investors held PG&E (PCG) as of Q2 2016, up from 561 in Q1 2016.
- Funds reported $25.9B of PG&E stock for Q2 2016, up 9.1% quarter-over-quarter.
- 60 funds opened new PG&E positions in Q2 2016 and 31 closed out, a net change of +29 holders.
- The largest PG&E buyer in Q2 2016 was Fidelity Investments, an estimated $137M added.
- The largest PG&E seller in Q2 2016 was Royal London Asset Management, an estimated $418M sold.
Based on aggregated 13F filings for Q2 2016.