PG&E
619 hedge funds and large institutions have $19.9B invested in PG&E in 2018 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 212 increasing their positions, 232 reducing their positions, and 59 closing their positions.
99% more call options, than puts
Call options by funds: $548M | Put options by funds: $276M
52% more funds holding in top 10
Funds holding in top 10: 21 → 32 (+11)
19% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 59
10% more capital invested
Capital invested by funds: $18.1B → $19.9B (+$1.79B)
1.18% more ownership
Funds ownership: 82.55% → 83.73% (+1.2%)
1% more funds holding
Funds holding: 614 → 619 (+5)
9% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 232
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$645M |
| 2 |
HP
Hound Partners
New York
|
+$297M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$285M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$255M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$199M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$405M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$390M |
| 3 |
Lazard Asset Management
New York
|
-$317M |
| 4 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$166M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$140M |
PCG Hedge Fund Activity: Q3 2018 in Review
619 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2018, worth a combined $19.9B — up 9.9% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new PCG positions and 59 closed out — a net gain of 11 holders — while 212 added to existing stakes and 232 trimmed.
The largest buyer was Baupost Group, adding an estimated $645M. The largest seller was Capital International Investors, cutting an estimated $405M.
- 619 institutional investors held PG&E (PCG) as of Q3 2018, up from 614 in Q2 2018.
- Funds reported $19.9B of PG&E stock for Q3 2018, up 9.9% quarter-over-quarter.
- 70 funds opened new PG&E positions in Q3 2018 and 59 closed out, a net change of +11 holders.
- The largest PG&E buyer in Q3 2018 was Baupost Group, an estimated $645M added.
- The largest PG&E seller in Q3 2018 was Capital International Investors, an estimated $405M sold.
Based on aggregated 13F filings for Q3 2018.