PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
51 hedge funds and large institutions have $1.3B invested in PG&E Corporation in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
2% less funds holding
Funds holding: 52 → 51 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
19% less capital invested
Capital invested by funds: $1.61B → $1.3B (-$311M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$61.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$25.6M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$13.3M |
| 4 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$10.6M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$43.5M |
| 2 |
TSS
Two Sigma Securities
New York
|
-$31.1M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$23.3M |
| 4 |
Capstone Investment Advisors
New York
|
-$15.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $21K | +$2.12K | +20 | +11% |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
ES
53
Equitec Specialists
Chicago,
Illinois
| – | -$43.5M | -381,639 | Closed |
|
|
TSS
54
Two Sigma Securities
New York
| – | -$31.1M | -272,179 | Closed |
|
|
NMIMC
55
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
| – | -$7.42M | -65,000 | Closed |
|
56
Nomura Holdings
Tokyo,
Japan
| – | -$4.77M | -45,000 | -65% |
|
|
MA
57
MUFG Americas
New York
| – | -$4.95M | -43,317 | Closed |
|
58
Goldman Sachs
New York
| – | -$1.59M | -13,967 | Closed |
|
59
UBS Group
Zurich,
Switzerland
| – | -$64K | -557 | Closed |
|
|
ACM
60
Advent Capital Management
New York
| – | -$5K | -44 | Closed |
|
PCGU Hedge Fund Activity: Q2 2021 in Review
51 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q2 2021, worth a combined $1.3B — down 19% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCGU and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 16 added.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $61.8M. The largest seller was Equitec Specialists, exiting entirely with an estimated $43.5M sold.
- 51 institutional investors held PG&E Corporation (PCGU) as of Q2 2021, down from 52 in Q1 2021.
- Funds reported $1.3B of PG&E Corporation stock for Q2 2021, down 19% quarter-over-quarter.
- 6 funds opened new PG&E Corporation positions in Q2 2021 and 7 closed out, a net change of -1 holder.
- The largest PG&E Corporation buyer in Q2 2021 was Two Sigma Investments, an estimated $61.8M added.
- The largest PG&E Corporation seller in Q2 2021 was Equitec Specialists, an estimated $43.5M sold.
Based on aggregated 13F filings for Q2 2021.