PG&E
443 hedge funds and large institutions have $22B invested in PG&E in 2022 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 157 increasing their positions, 128 reducing their positions, and 70 closing their positions.
220% more call options, than puts
Call options by funds: $390M | Put options by funds: $122M
39% more capital invested
Capital invested by funds: $15.9B → $22B (+$6.2B)
23% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 128
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
4.5% more ownership
Funds ownership: 79.86% → 84.36% (+4.5%)
1% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 70
0% less funds holding
Funds holding: 444 → 443 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$552M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$349M |
| 3 |
BlackRock
New York
|
+$331M |
| 4 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$329M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$165M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$170M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$122M |
| 3 |
Millennium Management
New York
|
-$101M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$55.6M |
PCG Hedge Fund Activity: Q3 2022 in Review
443 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q3 2022, worth a combined $22B — up 39% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new PCG positions and 70 closed out — a net gain of 1 holder — while 157 added to existing stakes and 128 trimmed.
The largest buyer was State Street, adding an estimated $552M. The largest seller was Zimmer Partners, cutting an estimated $170M.
- 443 institutional investors held PG&E (PCG) as of Q3 2022, down from 444 in Q2 2022.
- Funds reported $22B of PG&E stock for Q3 2022, up 39% quarter-over-quarter.
- 71 funds opened new PG&E positions in Q3 2022 and 70 closed out, a net change of +1 holder.
- The largest PG&E buyer in Q3 2022 was State Street, an estimated $552M added.
- The largest PG&E seller in Q3 2022 was Zimmer Partners, an estimated $170M sold.
Based on aggregated 13F filings for Q3 2022.