PG&E
422 hedge funds and large institutions have $14.8B invested in PG&E in 2021 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 154 increasing their positions, 116 reducing their positions, and 64 closing their positions.
70% more call options, than puts
Call options by funds: $212M | Put options by funds: $125M
33% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 116
2.33% more ownership
Funds ownership: 71.22% → 73.55% (+2.3%)
4% less funds holding
Funds holding: 439 → 422 (-17)
10% less capital invested
Capital invested by funds: $16.5B → $14.8B (-$1.67B)
23% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 64
38% less funds holding in top 10
Funds holding in top 10: 34 → 21 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$287M |
| 2 |
BlackRock
New York
|
+$231M |
| 3 |
JP Morgan Chase
New York
|
+$147M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$122M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$174M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$132M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$120M |
| 4 |
CCP
Cyrus Capital Partners
New York
|
-$103M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$86.3M |
PCG Hedge Fund Activity: Q2 2021 in Review
422 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q2 2021, worth a combined $14.8B — down 10% from $16.5B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of PCG and 49 opened new positions — a net loss of 15 holders — while 116 trimmed existing stakes and 154 added.
The largest buyer was Capital Research Global Investors, adding an estimated $287M. The largest seller was Capital International Investors, cutting an estimated $174M.
- 422 institutional investors held PG&E (PCG) as of Q2 2021, down from 439 in Q1 2021.
- Funds reported $14.8B of PG&E stock for Q2 2021, down 10% quarter-over-quarter.
- 49 funds opened new PG&E positions in Q2 2021 and 64 closed out, a net change of -15 holders.
- The largest PG&E buyer in Q2 2021 was Capital Research Global Investors, an estimated $287M added.
- The largest PG&E seller in Q2 2021 was Capital International Investors, an estimated $174M sold.
Based on aggregated 13F filings for Q2 2021.