PG&E
585 hedge funds and large institutions have $25.8B invested in PG&E in 2016 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 251 increasing their positions, 170 reducing their positions, and 31 closing their positions.
334% more call options, than puts
Call options by funds: $108M | Put options by funds: $24.9M
90% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 31
48% more repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 170
7% more capital invested
Capital invested by funds: $24B → $25.8B (+$1.8B)
4% more funds holding
Funds holding: 563 → 585 (+22)
0.2% less ownership
Funds ownership: 81.68% → 81.48% (-0.2%)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$137M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$105M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$86.2M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$83.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$171M |
| 2 |
Goldman Sachs
New York
|
-$126M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$121M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$81.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$74.6M |
PCG Hedge Fund Activity: Q2 2016 in Review
585 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2016, worth a combined $25.8B — up 7.5% from $24B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PCG positions and 31 closed out — a net gain of 28 holders — while 251 added to existing stakes and 170 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $137M. The largest seller was Wedge Capital Management, cutting an estimated $171M.
- 585 institutional investors held PG&E (PCG) as of Q2 2016, up from 563 in Q1 2016.
- Funds reported $25.8B of PG&E stock for Q2 2016, up 7.5% quarter-over-quarter.
- 59 funds opened new PG&E positions in Q2 2016 and 31 closed out, a net change of +28 holders.
- The largest PG&E buyer in Q2 2016 was Fidelity Investments, an estimated $137M added.
- The largest PG&E seller in Q2 2016 was Wedge Capital Management, an estimated $171M sold.
Based on aggregated 13F filings for Q2 2016.