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757 hedge funds and large institutions have $29.2B invested in PG&E in 2025 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 316 increasing their positions, 243 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more call options, than puts

Call options by funds: $946M | Put options by funds: $449M

30% more repeat investments, than reductions

Existing positions increased: 316 | Existing positions reduced: 243

23% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 92

1% more funds holding

Funds holding: 747757 (+10)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

16.89% less ownership

Funds ownership: 95.19%78.3% (-17%)

19% less capital invested

Capital invested by funds: $35.9B → $29.2B (-$6.69B)

Holders
757
Holders Change
+10
Holders Change %
+1.34%
% of All Funds
9.97%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.25%
New
113
Increased
316
Reduced
243
Closed
92
Calls
$946M
Puts
$449M
Net Calls
+$496M
Net Calls Change
+$128M
Name Holding Trade Value Shares
Change
Change in
Stake
QT
176
Quantbot Technologies
New York
$9.19M +$9.14M +562,081 +580%
LF
177
Lansforsakringar Fondforvaltning
Sweden
$9.14M +$103K +6,346 +1%
ASRS
178
Arizona State Retirement System
Arizona
$8.95M +$130K +8,014 +1%
MIF
179
Mediolanum International Funds
Ireland
$8.84M +$2.01M +123,653 +24%
Primecap Management
180
Primecap Management
California
$8.37M +$9.76M +600,200 New
II
181
IFM Investors
Australia
$8.35M +$339K +20,863 +4%
EGA
182
Eagle Global Advisors
Texas
$8.13M -$291K -17,884 -3%
MIM
183
MetLife Investment Management
New Jersey
$7.8M -$157K -9,667 -2%
OAM
184
Oppenheimer Asset Management
New York
$7.55M -$207K -12,754 -2%
CNB
185
Czech National Bank
Czech Republic
$7.49M +$543K +33,361 +7%
N
186
Natixis
France
$7.41M +$7.01M +431,008 +430%
PD
187
Point72 (DIFC)
United Arab Emirates
$7.38M +$6.46M +396,957 +300%
IC
188
IEQ Capital
California
$7.21M -$4.08M -251,096 -33%
BNP Paribas Asset Management
189
BNP Paribas Asset Management
France
$6.87M +$850K +52,287 +12%
FDP
190
Financiere des Professionnels
Quebec, Canada
$6.87M +$2.45M +150,350 +44%
SAM
191
Storebrand Asset Management
Norway
$6.87M +$165K +10,140 +2%
ET
192
Entropy Technologies
New York
$6.7M +$5.81M +357,154 +289%
Retirement Systems of Alabama
193
Retirement Systems of Alabama
Alabama
$6.57M +$3.25K +200 +0%
BFM
194
Boothbay Fund Management
New York
$6.54M +$1.45M +89,029 +23%
Daiwa Securities Group
195
Daiwa Securities Group
Japan
$6.52M +$1.58M +97,363 +26%
X
196
Xponance
Pennsylvania
$6.5M -$1.23M -75,598 -14%
Public Sector Pension Investment Board (PSP Investments)
197
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$6.3M -$2.19M -134,494 -23%
State of Tennessee, Department of Treasury
198
State of Tennessee, Department of Treasury
Tennessee
$6.24M +$252K +15,473 +4%
Osaic Holdings
199
Osaic Holdings
Arizona
$6.16M +$559K +34,395 +8%
BAMF
200
BI Asset Management Fondsmaeglerselskab
Denmark
$6.04M +$5.87M +360,845 +500%

PCG Hedge Fund Activity: Q2 2025 in Review

757 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2025, worth a combined $29.2B — down 19% from $35.9B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new PCG positions and 92 closed out — a net gain of 21 holders — while 316 added to existing stakes and 243 trimmed.

The largest buyer was Bank of America, adding an estimated $168M. The largest seller was JP Morgan Chase, cutting an estimated $1.07B.

  • 757 institutional investors held PG&E (PCG) as of Q2 2025, up from 747 in Q1 2025.
  • Funds reported $29.2B of PG&E stock for Q2 2025, down 19% quarter-over-quarter.
  • 113 funds opened new PG&E positions in Q2 2025 and 92 closed out, a net change of +21 holders.
  • The largest PG&E buyer in Q2 2025 was Bank of America, an estimated $168M added.
  • The largest PG&E seller in Q2 2025 was JP Morgan Chase, an estimated $1.07B sold.

Based on aggregated 13F filings for Q2 2025.