PG&E
328 hedge funds and large institutions have $4.8B invested in PG&E in 2019 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 94 increasing their positions, 105 reducing their positions, and 70 closing their positions.
16% more call options, than puts
Call options by funds: $309M | Put options by funds: $267M
0.23% less ownership
Funds ownership: 90.97% → 90.73% (-0.23%)
3% less funds holding
Funds holding: 339 → 328 (-11)
10% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 105
13% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 70
42% less funds holding in top 10
Funds holding in top 10: 53 → 31 (-22)
57% less capital invested
Capital invested by funds: $11.1B → $4.8B (-$6.25B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$171M |
| 2 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$85.6M |
| 3 |
EC
Eminence Capital
New York
|
+$74.8M |
| 4 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$71.3M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHCM
Columbus Hill Capital Management
Short Hills,
New Jersey
|
-$96.7M |
| 2 |
YCMGA
York Capital Management Global Advisors
New York
|
-$82.7M |
| 3 |
DFO
Duquesne Family Office
New York
|
-$69.9M |
| 4 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$66.5M |
| 5 |
MP
MSD Partners
New York
|
-$61.3M |
PCG Hedge Fund Activity: Q3 2019 in Review
328 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2019, worth a combined $4.8B — down 57% from $11.1B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of PCG and 61 opened new positions — a net loss of 9 holders — while 105 trimmed existing stakes and 94 added.
The largest buyer was Assured Investment Management, adding an estimated $171M. The largest seller was Columbus Hill Capital Management, cutting an estimated $96.7M.
- 328 institutional investors held PG&E (PCG) as of Q3 2019, down from 339 in Q2 2019.
- Funds reported $4.8B of PG&E stock for Q3 2019, down 57% quarter-over-quarter.
- 61 funds opened new PG&E positions in Q3 2019 and 70 closed out, a net change of -9 holders.
- The largest PG&E buyer in Q3 2019 was Assured Investment Management, an estimated $171M added.
- The largest PG&E seller in Q3 2019 was Columbus Hill Capital Management, an estimated $96.7M sold.
Based on aggregated 13F filings for Q3 2019.