PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
53 hedge funds and large institutions have $1.56B invested in PG&E Corporation in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more capital invested
Capital invested by funds: $1.28B → $1.56B (+$271M)
15% more funds holding
Funds holding: 46 → 53 (+7)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$67.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.1M |
| 3 |
Two Sigma Investments
New York
|
+$15.8M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$14.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$67.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$24M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$19.2M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$16.9M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSB
51
Sandy Spring Bank
Olney,
Maryland
| $58K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $46K | +$45.2K | +400 | New |
|
53
Verition Fund Management
Greenwich,
Connecticut
| $37K | +$3.6M | +31,900 | New |
|
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $16.8K | -$19.2M | -170,000 | -54% |
|
|
ECM
55
ExodusPoint Capital Management
New York
| $13K | +$12.7K | +112 | New |
|
|
SCM
56
Shapiro Capital Management
Atlanta,
Georgia
| – | -$1.56M | -16,300 | Closed |
|
|
BAM
57
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$492K | -5,146 | Closed |
|
PCGU Hedge Fund Activity: Q4 2021 in Review
53 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q4 2021, worth a combined $1.56B — up 21% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PCGU positions and 2 closed out — a net gain of 7 holders — while 14 added to existing stakes and 16 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $67.8M. The largest seller was D.E. Shaw & Co, cutting an estimated $67.8M.
- 53 institutional investors held PG&E Corporation (PCGU) as of Q4 2021, up from 46 in Q3 2021.
- Funds reported $1.56B of PG&E Corporation stock for Q4 2021, up 21% quarter-over-quarter.
- 9 funds opened new PG&E Corporation positions in Q4 2021 and 2 closed out, a net change of +7 holders.
- The largest PG&E Corporation buyer in Q4 2021 was HSBC Holdings, an estimated $67.8M added.
- The largest PG&E Corporation seller in Q4 2021 was D.E. Shaw & Co, an estimated $67.8M sold.
Based on aggregated 13F filings for Q4 2021.