PG&E
339 hedge funds and large institutions have $11.1B invested in PG&E in 2019 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 99 increasing their positions, 105 reducing their positions, and 62 closing their positions.
102% more call options, than puts
Call options by funds: $616M | Put options by funds: $305M
30% more capital invested
Capital invested by funds: $8.51B → $11.1B (+$2.54B)
26% more funds holding in top 10
Funds holding in top 10: 42 → 53 (+11)
1.08% more ownership
Funds ownership: 89.88% → 90.97% (+1.1%)
2% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 62
6% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 105
1% less funds holding
Funds holding: 344 → 339 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
+$96.9M |
| 2 |
Citigroup
New York
|
+$82.9M |
| 3 |
KSCM
King Street Capital Management
New York
|
+$80.4M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$75.5M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
+$71.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$218M |
| 2 |
AIM
Assured Investment Management
New York
|
-$207M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$126M |
| 4 |
ZP
Zimmer Partners
New York
|
-$68.1M |
| 5 |
Goldman Sachs
New York
|
-$53M |
PCG Hedge Fund Activity: Q2 2019 in Review
339 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2019, worth a combined $11.1B — up 30% from $8.51B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PCG and 61 opened new positions — a net loss of 1 holder — while 105 trimmed existing stakes and 99 added.
The largest buyer was PointState Capital, adding an estimated $96.9M. The largest seller was Nomura Holdings, cutting an estimated $218M.
- 339 institutional investors held PG&E (PCG) as of Q2 2019, down from 344 in Q1 2019.
- Funds reported $11.1B of PG&E stock for Q2 2019, up 30% quarter-over-quarter.
- 61 funds opened new PG&E positions in Q2 2019 and 62 closed out, a net change of -1 holder.
- The largest PG&E buyer in Q2 2019 was PointState Capital, an estimated $96.9M added.
- The largest PG&E seller in Q2 2019 was Nomura Holdings, an estimated $218M sold.
Based on aggregated 13F filings for Q2 2019.