PG&E
PCG
749 hedge funds and large institutions have $35.9B invested in PG&E in 2025 Q1 according to their latest regulatory filings, with 127 funds opening new positions, 308 increasing their positions, 238 reducing their positions, and 106 closing their positions.
130% more call options, than puts
Call options by funds: $651M | Put options by funds: $283M
29% more repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 238
20% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 106
2% more funds holding
Funds holding: 735 → 749 (+14)
1.01% more ownership
Funds ownership: 94.18% → 95.19% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
14% less capital invested
Capital invested by funds: $41.7B → $35.9B (-$5.81B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$344M |
| 2 |
SC
Sessa Capital
New York
|
+$310M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$248M |
| 4 |
PC
PointState Capital
New York
|
+$228M |
| 5 |
BlackRock
New York
|
+$210M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$499M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$346M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$235M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$235M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$164M |
PCG Hedge Fund Activity: Q1 2025 in Review
749 of the 7,478 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2025, worth a combined $35.9B — down 14% from $41.7B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new PCG positions and 106 closed out — a net gain of 21 holders — while 308 added to existing stakes and 238 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, opening a new position worth an estimated $344M. The largest seller was Fidelity Investments, cutting an estimated $499M.
- 749 institutional investors held PG&E (PCG) as of Q1 2025, up from 735 in Q4 2024.
- Funds reported $35.9B of PG&E stock for Q1 2025, down 14% quarter-over-quarter.
- 127 funds opened new PG&E positions in Q1 2025 and 106 closed out, a net change of +21 holders.
- The largest PG&E buyer in Q1 2025 was Gallagher Fiduciary Advisors, an estimated $344M added.
- The largest PG&E seller in Q1 2025 was Fidelity Investments, an estimated $499M sold.
Based on aggregated 13F filings for Q1 2025.