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909 hedge funds and large institutions have $37.2B invested in PG&E in 2026 Q1 according to their latest regulatory filings, with 127 funds opening new positions, 421 increasing their positions, 255 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more call options, than puts

Call options by funds: $372M | Put options by funds: $176M

65% more repeat investments, than reductions

Existing positions increased: 421 | Existing positions reduced: 255

41% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 90

8% more capital invested

Capital invested by funds: $34.6B → $37.2B (+$2.67B)

5% more funds holding in top 10

Funds holding in top 10: 2021 (+1)

3% more funds holding

Funds holding: 881909 (+28)

1.43% less ownership

Funds ownership: 97.77%96.34% (-1.4%)

Holders
909
Holders Change
+28
Holders Change %
+3.18%
% of All Funds
11.1%
Holding in Top 10
21
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5%
% of All Funds
0.26%
New
127
Increased
421
Reduced
255
Closed
90
Calls
$372M
Puts
$176M
Net Calls
+$196M
Net Calls Change
-$31.9M

PCG Hedge Fund Activity: Q1 2026 in Review

909 of the 8,186 institutional investors tracked by Wall St. Rank reported a position in PG&E (PCG) for Q1 2026, worth a combined $37.2B — up 7.7% from $34.6B a quarter earlier.

Buyers outnumbered sellers: 127 funds opened new PCG positions and 90 closed out — a net gain of 37 holders — while 421 added to existing stakes and 255 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $194M. The largest seller was Third Point, exiting entirely with an estimated $551M sold.

  • 909 institutional investors held PG&E (PCG) as of Q1 2026, up from 881 in Q4 2025.
  • Funds reported $37.2B of PG&E stock for Q1 2026, up 7.7% quarter-over-quarter.
  • 127 funds opened new PG&E positions in Q1 2026 and 90 closed out, a net change of +37 holders.
  • The largest PG&E buyer in Q1 2026 was AQR Capital Management, an estimated $194M added.
  • The largest PG&E seller in Q1 2026 was Third Point, an estimated $551M sold.

Based on aggregated 13F filings for Q1 2026.