PG&E
529 hedge funds and large institutions have $21.2B invested in PG&E in 2015 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 203 increasing their positions, 169 reducing their positions, and 36 closing their positions.
103% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 36
74% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $8.88M
20% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 169
6% more funds holding
Funds holding: 499 → 529 (+30)
1% less capital invested
Capital invested by funds: $21.3B → $21.2B (-$119M)
1.33% less ownership
Funds ownership: 82.43% → 81.1% (-1.3%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$226M |
| 2 |
Millennium Management
New York
|
+$154M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$84.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$82.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$78.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$343M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$337M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$196M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$79.7M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$55.5M |
PCG Hedge Fund Activity: Q4 2015 in Review
529 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q4 2015, worth a combined $21.2B — down 0.56% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new PCG positions and 36 closed out — a net gain of 37 holders — while 203 added to existing stakes and 169 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $226M. The largest seller was Franklin Resources, cutting an estimated $343M.
- 529 institutional investors held PG&E (PCG) as of Q4 2015, up from 499 in Q3 2015.
- Funds reported $21.2B of PG&E stock for Q4 2015, down 0.56% quarter-over-quarter.
- 73 funds opened new PG&E positions in Q4 2015 and 36 closed out, a net change of +37 holders.
- The largest PG&E buyer in Q4 2015 was T. Rowe Price Associates, an estimated $226M added.
- The largest PG&E seller in Q4 2015 was Franklin Resources, an estimated $343M sold.
Based on aggregated 13F filings for Q4 2015.