PG&E
586 hedge funds and large institutions have $28B invested in PG&E in 2017 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 229 increasing their positions, 192 reducing their positions, and 43 closing their positions.
37% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 43
19% more repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 192
11% more capital invested
Capital invested by funds: $25.2B → $28B (+$2.73B)
1% more funds holding
Funds holding: 579 → 586 (+7)
0.82% more ownership
Funds ownership: 82.2% → 83.02% (+0.82%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
78% less call options, than puts
Call options by funds: $8.54M | Put options by funds: $38.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.26B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$125M |
| 3 |
O
OppenheimerFunds
New York
|
+$96.3M |
| 4 |
JP Morgan Chase
New York
|
+$93.4M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$60.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$143M |
| 2 |
Millennium Management
New York
|
-$104M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$90.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$61.9M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$41.5M |
PCG Hedge Fund Activity: Q1 2017 in Review
586 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2017, worth a combined $28B — up 11% from $25.2B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PCG positions and 43 closed out — a net gain of 16 holders — while 229 added to existing stakes and 192 trimmed.
The largest buyer was BlackRock, adding an estimated $2.26B. The largest seller was Goldman Sachs, cutting an estimated $143M.
- 586 institutional investors held PG&E (PCG) as of Q1 2017, up from 579 in Q4 2016.
- Funds reported $28B of PG&E stock for Q1 2017, up 11% quarter-over-quarter.
- 59 funds opened new PG&E positions in Q1 2017 and 43 closed out, a net change of +16 holders.
- The largest PG&E buyer in Q1 2017 was BlackRock, an estimated $2.26B added.
- The largest PG&E seller in Q1 2017 was Goldman Sachs, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2017.