We are live on ! Find out more
PCG icon

PG&E
PCG

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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
827
Holders Change
+70
Holders Change %
+9.25%
% of All Funds
10.85%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.26%
New
152
Increased
320
Reduced
266
Closed
76
Calls
$1.67B
Puts
$555M
Net Calls
+$1.11B
Net Calls Change
+$615M

Top Buyers

1
Capital Research Global Investors
Capital Research Global Investors
California
+$461M
2
AQR Capital Management
AQR Capital Management
Connecticut
+$320M
3
BCM
BlueCrest Capital Management
Jersey
+$144M
4
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
+$136M
5
RCMU
Rokos Capital Management (UK)
United Kingdom
+$99.6M

Top Sellers

1
JP Morgan Chase
JP Morgan Chase
New York
-$349M
2
Capital International Investors
Capital International Investors
California
-$188M
3
Millennium Management
Millennium Management
New York
-$181M
4
Citadel Advisors
Citadel Advisors
Florida
-$145M
5
BlackRock
BlackRock
New York
-$114M
Name Holding Trade Value Shares
Change 		Change in
Stake
PCM
101
Philosophy Capital Management
California
$32.1M +$2.93M +200,856 +10%
Kovitz Investment Group Partners
102
Kovitz Investment Group Partners
Illinois
$31.4M +$153K +10,514 +0.5%
Cerity Partners
103
Cerity Partners
New York
$30.7M +$9.06M +621,501 +44%
AAF
104
Andra AP-fonden
Sweden
$30.3M -$982K -67,300 -3%
Adage Capital Partners
105
Adage Capital Partners
Massachusetts
$30.2M -$176K -12,100 -0.6%
ECP
106
Electron Capital Partners
New York
$30M +$1.05M +72,233 +4%
New York State Teachers Retirement System (NYSTRS)
107
New York State Teachers Retirement System (NYSTRS)
New York
$30M -$62.5K -4,284 -0.2%
State Board of Administration of Florida Retirement System
108
State Board of Administration of Florida Retirement System
Florida
$30M -$229K -15,691 -0.8%
Korea Investment Corp
109
Korea Investment Corp
South Korea
$29.8M +$2.7M +185,145 +10%
WorldQuant Millennium Advisors
110
WorldQuant Millennium Advisors
New York
$29.1M +$23.7M +1,626,446 +531%
KK
111
KLP Kapitalforvaltning
Norway
$28.5M +$1.23M +84,000 +5%
D.E. Shaw & Co
112
D.E. Shaw & Co
New York
$28.4M +$25.1M +1,724,122 +1,089%
Royal Bank of Canada
113
Royal Bank of Canada
Ontario, Canada
$27.5M -$8.93M -612,205 -25%
Tudor Investment Corp
114
Tudor Investment Corp
Connecticut
$27M -$46M -3,150,679 -64%
Aviva
115
Aviva
United Kingdom
$26.2M +$1.33M +91,401 +6%
DFO
116
Duquesne Family Office
New York
$24.9M +$24.1M +1,649,300 New
SEI Investments
117
SEI Investments
Pennsylvania
$24.8M +$3.76M +258,046 +19%
DnB Asset Management
118
DnB Asset Management
Norway
$24.4M +$8.39M +575,183 +55%
Caisse de Depot et Placement du Quebec (CDPQ)
119
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$24.1M +$3.78M +259,055 +19%
Verition Fund Management
120
Verition Fund Management
Connecticut
$23.9M -$12.9M -883,480 -36%
Manulife (Manufacturers Life Insurance)
121
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$22.7M +$1.93M +132,250 +10%
DB
122
Danske Bank
Denmark
$22.5M +$379K +25,984 +2%
CSS
123
Cubist Systematic Strategies
Connecticut
$22.5M -$23M -1,577,798 -51%
LOAME
124
Lombard Odier Asset Management (Europe)
United Kingdom
$22.3M +$292K +20,000 New
Susquehanna International Group
125
Susquehanna International Group
Pennsylvania
$21.5M -$48.3M -3,310,147 -70%
3 4
5
6 7

PCG Hedge Fund Activity: Q3 2025 in Review

827 of the 7,619 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.