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
Raymond James Financial
126
Raymond James Financial
Florida
$20.8M -$4.24M -290,802 -17%
Acadian Asset Management
127
Acadian Asset Management
Massachusetts
$20.2M +$14.4M +984,942 +278%
EIP
128
Energy Income Partners
Connecticut
$20M +$132K +9,040 +0.7%
Royal London Asset Management
129
Royal London Asset Management
United Kingdom
$19.9M +$461K +31,581 +2%
VOYA Investment Management
130
VOYA Investment Management
Georgia
$19.9M -$2.52M -172,740 -12%
State of Wisconsin Investment Board
131
State of Wisconsin Investment Board
Wisconsin
$19.8M -$5.43M -372,489 -22%
CG
132
Covalis (Gibraltar)
Gibraltar
$19.1M -$6.45M -442,462 -26%
Prudential Financial
133
Prudential Financial
New Jersey
$18.8M -$1.27M -86,793 -7%
JF
134
Jump Financial
Illinois
$18.7M -$21.2M -1,451,122 -54%
Carson Wealth (CWM LLC)
135
Carson Wealth (CWM LLC)
Nebraska
$18.1M +$14.8M +1,016,595 +560%
American Century Companies
136
American Century Companies
Missouri
$17.6M +$346K +23,693 +2%
PI
137
PineBridge Investments
New York
$17.3M +$14.5M +991,040 +633%
Zurich Cantonal Bank
138
Zurich Cantonal Bank
Switzerland
$17M -$190K -13,047 -1%
Chevy Chase Trust
139
Chevy Chase Trust
Maryland
$16.9M -$571K -39,142 -3%
FPA
140
First Pacific Advisors
California
$16.9M +$264K +18,104 +2%
Allianz Asset Management
141
Allianz Asset Management
Germany
$16.9M +$14.5M +997,297 +818%
Universal-Beteiligungs- und Servicegesellschaft
142
Universal-Beteiligungs- und Servicegesellschaft
Germany
$15.9M -$12.9M -886,575 -46%
Qube Research & Technologies (QRT)
143
Qube Research & Technologies (QRT)
United Kingdom
$15.7M -$72.2M -4,950,444 -83%
BBL
144
Beck Bode LLC
Massachusetts
$15.7M +$180K +12,367 +1%
Envestnet Asset Management
145
Envestnet Asset Management
Illinois
$15.7M -$2.05M -140,527 -12%
LCS
146
Levin Capital Strategies
New York
$15.7M +$1.69M +115,649 +13%
ETC
147
Exchange Traded Concepts
Oklahoma
$15.5M +$9.16M +628,358 +158%
SPS
148
Susquehanna Portfolio Strategies
Pennsylvania
$15M +$14.1M +969,944 +3,629%
Treasurer of the State of North Carolina
149
Treasurer of the State of North Carolina
North Carolina
$14.9M -$560K -38,409 -4%
Victory Capital Management
150
Victory Capital Management
Texas
$14.6M -$7.41M -507,793 -34%
4 5
6
7 8

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.