PG&E
449 hedge funds and large institutions have $16B invested in PG&E in 2014 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 174 increasing their positions, 156 reducing their positions, and 44 closing their positions.
874% more call options, than puts
Call options by funds: $43M | Put options by funds: $4.41M
14% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 44
12% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 156
11% more capital invested
Capital invested by funds: $14.4B → $16B (+$1.58B)
1.25% more ownership
Funds ownership: 79.6% → 80.86% (+1.3%)
0% more funds holding
Funds holding: 449 → 449 (0)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$175M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$148M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$131M |
| 4 |
Lazard Asset Management
New York
|
+$112M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$90.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
-$80.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$73M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$68.2M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$42.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$38.7M |
PCG Hedge Fund Activity: Q1 2014 in Review
449 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2014, worth a combined $16B — up 11% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PCG positions and 44 closed out — a net gain of 6 holders — while 174 added to existing stakes and 156 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $175M. The largest seller was Levin Capital Strategies, cutting an estimated $80.6M.
- 449 institutional investors held PG&E (PCG) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $16B of PG&E stock for Q1 2014, up 11% quarter-over-quarter.
- 50 funds opened new PG&E positions in Q1 2014 and 44 closed out, a net change of +6 holders.
- The largest PG&E buyer in Q1 2014 was T. Rowe Price Associates, an estimated $175M added.
- The largest PG&E seller in Q1 2014 was Levin Capital Strategies, an estimated $80.6M sold.
Based on aggregated 13F filings for Q1 2014.