PG&E
438 hedge funds and large institutions have $17.3B invested in PG&E in 2020 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 151 increasing their positions, 105 reducing their positions, and 51 closing their positions.
116% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 51
44% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 105
30% more capital invested
Capital invested by funds: $13.3B → $17.3B (+$3.99B)
25% more call options, than puts
Call options by funds: $533M | Put options by funds: $427M
14% more funds holding
Funds holding: 385 → 438 (+53)
2.96% less ownership
Funds ownership: 72.79% → 69.82% (-3%)
5% less funds holding in top 10
Funds holding in top 10: 41 → 39 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$336M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$291M |
| 3 |
BlackRock
New York
|
+$174M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$170M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$143M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$435M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$434M |
| 3 |
ZP
Zimmer Partners
New York
|
-$224M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$160M |
| 5 |
RCM
Redwood Capital Management
New York
|
-$102M |
PCG Hedge Fund Activity: Q4 2020 in Review
438 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q4 2020, worth a combined $17.3B — up 30% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new PCG positions and 51 closed out — a net gain of 59 holders — while 151 added to existing stakes and 105 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $336M. The largest seller was Anchorage Capital Group, cutting an estimated $435M.
- 438 institutional investors held PG&E (PCG) as of Q4 2020, up from 385 in Q3 2020.
- Funds reported $17.3B of PG&E stock for Q4 2020, up 30% quarter-over-quarter.
- 110 funds opened new PG&E positions in Q4 2020 and 51 closed out, a net change of +59 holders.
- The largest PG&E buyer in Q4 2020 was Blackstone Inc, an estimated $336M added.
- The largest PG&E seller in Q4 2020 was Anchorage Capital Group, an estimated $435M sold.
Based on aggregated 13F filings for Q4 2020.