PG&E
439 hedge funds and large institutions have $16.5B invested in PG&E in 2021 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 152 increasing their positions, 112 reducing their positions, and 67 closing their positions.
254% more call options, than puts
Call options by funds: $342M | Put options by funds: $96.5M
36% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 112
1.4% more ownership
Funds ownership: 69.82% → 71.22% (+1.4%)
7% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 67
0% more funds holding
Funds holding: 438 → 439 (+1)
4% less capital invested
Capital invested by funds: $17.3B → $16.5B (-$747M)
13% less funds holding in top 10
Funds holding in top 10: 39 → 34 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$131M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$112M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$108M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$91.1M |
| 5 |
BlackRock
New York
|
+$76.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$160M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$158M |
| 3 |
ZP
Zimmer Partners
New York
|
-$96.3M |
| 4 |
ACG
Anchorage Capital Group
New York
|
-$85.2M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$77.6M |
PCG Hedge Fund Activity: Q1 2021 in Review
439 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2021, worth a combined $16.5B — down 4.3% from $17.3B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PCG positions and 67 closed out — a net gain of 5 holders — while 152 added to existing stakes and 112 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $131M. The largest seller was Appaloosa LP, cutting an estimated $160M.
- 439 institutional investors held PG&E (PCG) as of Q1 2021, up from 438 in Q4 2020.
- Funds reported $16.5B of PG&E stock for Q1 2021, down 4.3% quarter-over-quarter.
- 72 funds opened new PG&E positions in Q1 2021 and 67 closed out, a net change of +5 holders.
- The largest PG&E buyer in Q1 2021 was Fidelity Investments, an estimated $131M added.
- The largest PG&E seller in Q1 2021 was Appaloosa LP, an estimated $160M sold.
Based on aggregated 13F filings for Q1 2021.