PG&E
383 hedge funds and large institutions have $9.54B invested in PG&E in 2020 Q2 according to their latest regulatory filings, with 130 funds opening new positions, 112 increasing their positions, 70 reducing their positions, and 40 closing their positions.
225% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 40
147% more capital invested
Capital invested by funds: $3.86B → $9.54B (+$5.68B)
121.55% more ownership
Funds ownership: 81.11% → 202.66% (+122%)
110% more funds holding in top 10
Funds holding in top 10: 29 → 61 (+32)
60% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 70
30% more funds holding
Funds holding: 294 → 383 (+89)
20% less call options, than puts
Call options by funds: $330M | Put options by funds: $413M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.17B |
| 2 |
ZP
Zimmer Partners
New York
|
+$727M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$319M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$245M |
| 5 |
ACG
Anchorage Capital Group
New York
|
+$206M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$54.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$41.7M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$26.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$22.5M |
| 5 |
SCM
Stonehill Capital Management
New York
|
-$20.1M |
PCG Hedge Fund Activity: Q2 2020 in Review
383 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2020, worth a combined $9.54B — up 147% from $3.86B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new PCG positions and 40 closed out — a net gain of 90 holders — while 112 added to existing stakes and 70 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.17B. The largest seller was Baupost Group, cutting an estimated $54.5M.
- 383 institutional investors held PG&E (PCG) as of Q2 2020, up from 294 in Q1 2020.
- Funds reported $9.54B of PG&E stock for Q2 2020, up 147% quarter-over-quarter.
- 130 funds opened new PG&E positions in Q2 2020 and 40 closed out, a net change of +90 holders.
- The largest PG&E buyer in Q2 2020 was Fidelity Investments, an estimated $1.17B added.
- The largest PG&E seller in Q2 2020 was Baupost Group, an estimated $54.5M sold.
Based on aggregated 13F filings for Q2 2020.