PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
46 hedge funds and large institutions have $1.28B invested in PG&E Corporation in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
1% less capital invested
Capital invested by funds: $1.3B → $1.28B (-$12.9M)
10% less funds holding
Funds holding: 51 → 46 (-5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$61.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$47.4M |
| 3 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$25.6M |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$19M |
| 5 |
Morgan Stanley
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
-$66.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$49.8M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$38M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$18M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$16.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
51
ExodusPoint Capital Management
New York
| – | -$3.04M | -30,000 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$27K | -262 | Closed |
|
53
Citigroup
New York
| – | -$21K | -209 | Closed |
|
PCGU Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q3 2021, worth a combined $1.28B — down 0.99% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCGU and 2 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 21 added.
The largest buyer was Weiss Asset Management, adding an estimated $61.5M. The largest seller was LMR Partners, exiting entirely with an estimated $66.4M sold.
- 46 institutional investors held PG&E Corporation (PCGU) as of Q3 2021, down from 51 in Q2 2021.
- Funds reported $1.28B of PG&E Corporation stock for Q3 2021, down 0.99% quarter-over-quarter.
- 2 funds opened new PG&E Corporation positions in Q3 2021 and 7 closed out, a net change of -5 holders.
- The largest PG&E Corporation buyer in Q3 2021 was Weiss Asset Management, an estimated $61.5M added.
- The largest PG&E Corporation seller in Q3 2021 was LMR Partners, an estimated $66.4M sold.
Based on aggregated 13F filings for Q3 2021.