PG&E
901 hedge funds and large institutions have $37.2B invested in PG&E in 2026 Q1 according to their latest regulatory filings, with 124 funds opening new positions, 417 increasing their positions, 254 reducing their positions, and 89 closing their positions.
111% more call options, than puts
Call options by funds: $372M | Put options by funds: $176M
64% more repeat investments, than reductions
Existing positions increased: 417 | Existing positions reduced: 254
39% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 89
8% more capital invested
Capital invested by funds: $34.6B → $37.2B (+$2.64B)
5% more funds holding in top 10
Funds holding in top 10: 20 → 21 (+1)
3% more funds holding
Funds holding: 878 → 901 (+23)
1.49% less ownership
Funds ownership: 97.78% → 96.28% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$194M |
| 2 |
PC
PointState Capital
New York
|
+$165M |
| 3 |
ClearBridge Investments
New York
|
+$143M |
| 4 |
Jane Street
New York
|
+$140M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$551M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$259M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$205M |
| 4 |
BlackRock
New York
|
-$148M |
| 5 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$117M |
PCG Hedge Fund Activity: Q1 2026 in Review
901 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2026, worth a combined $37.2B — up 7.7% from $34.6B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new PCG positions and 89 closed out — a net gain of 35 holders — while 417 added to existing stakes and 254 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $194M. The largest seller was Third Point, exiting entirely with an estimated $551M sold.
- 901 institutional investors held PG&E (PCG) as of Q1 2026, up from 878 in Q4 2025.
- Funds reported $37.2B of PG&E stock for Q1 2026, up 7.7% quarter-over-quarter.
- 124 funds opened new PG&E positions in Q1 2026 and 89 closed out, a net change of +35 holders.
- The largest PG&E buyer in Q1 2026 was AQR Capital Management, an estimated $194M added.
- The largest PG&E seller in Q1 2026 was Third Point, an estimated $551M sold.
Based on aggregated 13F filings for Q1 2026.