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398 hedge funds and large institutions have $14.4B invested in PG&E in 2021 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 130 increasing their positions, 122 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more call options, than puts

Call options by funds: $269M | Put options by funds: $191M

5% more funds holding in top 10

Funds holding in top 10: 2122 (+1)

1.72% more ownership

Funds ownership: 73.56%75.28% (+1.7%)

7% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 122

3% less capital invested

Capital invested by funds: $14.8B → $14.4B (-$493M)

5% less funds holding

Funds holding: 421398 (-23)

31% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 55

Holders
398
Holders Change
-23
Holders Change %
-5.46%
% of All Funds
6.97%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.39%
New
38
Increased
130
Reduced
122
Closed
55
Calls
$269M
Puts
$191M
Net Calls
+$78.3M
Net Calls Change
-$8.82M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.66B +$319M +33,783,653 +24%
Capital Research Global Investors
2
Capital Research Global Investors
California
$1.55B +$840M +89,015,156 +124%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.31B -$116M -12,263,582 -8%
BlackRock
4
BlackRock
New York
$971M -$37.1M -3,928,985 -4%
TP
5
Third Point
New York
$787M
Blackstone Inc
6
Blackstone Inc
New York
$457M
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$376M +$14.3M +1,516,934 +4%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$364M +$3.09M +327,212 +0.9%
SPC
9
Silver Point Capital
Connecticut
$362M +$94.6M +10,020,069 +36%
ZP
10
Zimmer Partners
New York
$356M -$87.3M -9,251,046 -20%
State Street
11
State Street
Massachusetts
$316M +$10.2M +1,084,265 +3%
SSP
12
Sixth Street Partners
Texas
$316M
OCM
13
Oaktree Capital Management
California
$288M
GFA
14
Gallagher Fiduciary Advisors
Illinois
$267M -$10.9M -1,158,374 -4%
Capital International Investors
15
Capital International Investors
California
$264M +$17.2M +1,817,851 +7%
Deutsche Bank
16
Deutsche Bank
Germany
$212M +$24M +2,546,053 +13%
BC
17
Brookfield Corp
Ontario, Canada
$197M +$5.95M +630,331 +3%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$181M +$3.04M +322,300 +2%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$181M +$160M +16,905,936 +1,232%
CS
20
Credit Suisse
Switzerland
$172M -$70.2M -7,440,695 -29%
Ameriprise
21
Ameriprise
Minnesota
$165M +$84.9M +8,990,512 +110%
Franklin Resources
22
Franklin Resources
California
$164M +$573K +60,662 +0.4%
RCM
23
Redwood Capital Management
New York
$135M
OCAM
24
Owl Creek Asset Management
New York
$134M +$14.6M +1,546,900 +12%
EIG
25
EdgePoint Investment Group
Ontario, Canada
$131M +$129M +13,634,431 New

PCG Hedge Fund Activity: Q3 2021 in Review

398 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2021, worth a combined $14.4B — down 3.3% from $14.8B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of PCG and 38 opened new positions — a net loss of 17 holders — while 122 trimmed existing stakes and 130 added.

The largest buyer was Capital Research Global Investors, adding an estimated $840M. The largest seller was Baupost Group, cutting an estimated $221M.

  • 398 institutional investors held PG&E (PCG) as of Q3 2021, down from 421 in Q2 2021.
  • Funds reported $14.4B of PG&E stock for Q3 2021, down 3.3% quarter-over-quarter.
  • 38 funds opened new PG&E positions in Q3 2021 and 55 closed out, a net change of -17 holders.
  • The largest PG&E buyer in Q3 2021 was Capital Research Global Investors, an estimated $840M added.
  • The largest PG&E seller in Q3 2021 was Baupost Group, an estimated $221M sold.

Based on aggregated 13F filings for Q3 2021.