PG&E
614 hedge funds and large institutions have $18.1B invested in PG&E in 2018 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 218 increasing their positions, 221 reducing their positions, and 75 closing their positions.
221% more call options, than puts
Call options by funds: $816M | Put options by funds: $255M
0.89% more ownership
Funds ownership: 81.66% → 82.55% (+0.89%)
1% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 75
1% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 221
2% less capital invested
Capital invested by funds: $18.5B → $18.1B (-$357M)
1% less funds holding
Funds holding: 621 → 614 (-7)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$309M |
| 2 |
BlackRock
New York
|
+$128M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$119M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$115M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$91.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$324M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$226M |
| 3 |
O
OppenheimerFunds
New York
|
-$188M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$178M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$127M |
PCG Hedge Fund Activity: Q2 2018 in Review
614 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2018, worth a combined $18.1B — down 1.9% from $18.5B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of PCG and 74 opened new positions — a net loss of 1 holder — while 221 trimmed existing stakes and 218 added.
The largest buyer was Lazard Asset Management, adding an estimated $309M. The largest seller was Capital International Investors, cutting an estimated $324M.
- 614 institutional investors held PG&E (PCG) as of Q2 2018, down from 621 in Q1 2018.
- Funds reported $18.1B of PG&E stock for Q2 2018, down 1.9% quarter-over-quarter.
- 74 funds opened new PG&E positions in Q2 2018 and 75 closed out, a net change of -1 holder.
- The largest PG&E buyer in Q2 2018 was Lazard Asset Management, an estimated $309M added.
- The largest PG&E seller in Q2 2018 was Capital International Investors, an estimated $324M sold.
Based on aggregated 13F filings for Q2 2018.