PG&E
577 hedge funds and large institutions have $25.3B invested in PG&E in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 214 increasing their positions, 217 reducing their positions, and 46 closing their positions.
0.55% more ownership
Funds ownership: 81.48% → 82.03% (+0.55%)
1% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 217
2% less capital invested
Capital invested by funds: $25.8B → $25.3B (-$540M)
9% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 46
1% less funds holding
Funds holding: 585 → 577 (-8)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
15% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $14.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$345M |
| 2 |
JP Morgan Chase
New York
|
+$209M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$131M |
| 4 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$120M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$292M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$90.8M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$86.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$85.5M |
| 5 |
Morgan Stanley
New York
|
-$58.7M |
PCG Hedge Fund Activity: Q3 2016 in Review
577 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2016, worth a combined $25.3B — down 2.1% from $25.8B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PCG and 42 opened new positions — a net loss of 4 holders — while 217 trimmed existing stakes and 214 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $345M. The largest seller was Deutsche Bank, cutting an estimated $292M.
- 577 institutional investors held PG&E (PCG) as of Q3 2016, down from 585 in Q2 2016.
- Funds reported $25.3B of PG&E stock for Q3 2016, down 2.1% quarter-over-quarter.
- 42 funds opened new PG&E positions in Q3 2016 and 46 closed out, a net change of -4 holders.
- The largest PG&E buyer in Q3 2016 was T. Rowe Price Associates, an estimated $345M added.
- The largest PG&E seller in Q3 2016 was Deutsche Bank, an estimated $292M sold.
Based on aggregated 13F filings for Q3 2016.