PG&E
399 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, 131 increasing their positions, 120 reducing their positions, and 55 closing their positions.
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: 21 → 22 (+1)
1.72% more ownership
Funds ownership: 73.55% → 75.28% (+1.7%)
9% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 120
3% less capital invested
Capital invested by funds: $14.8B → $14.4B (-$492M)
5% less funds holding
Funds holding: 422 → 399 (-23)
31% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$840M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$319M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$160M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$129M |
| 5 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$94.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$221M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$215M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$180M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$116M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$113M |
PCG Hedge Fund Activity: Q3 2021 in Review
399 of the 5,728 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 120 trimmed existing stakes and 131 added.
The largest buyer was Capital Research Global Investors, adding an estimated $840M. The largest seller was Baupost Group, cutting an estimated $221M.
- 399 institutional investors held PG&E (PCG) as of Q3 2021, down from 422 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.