PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
48 hedge funds and large institutions have $1.35B invested in PG&E Corporation in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 6 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% less funds holding
Funds holding: 51 → 48 (-3)
17% less capital invested
Capital invested by funds: $1.63B → $1.35B (-$284M)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$24.8M |
| 2 |
SC
Sculptor Capital
New York
|
+$19.6M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$16.5M |
| 4 |
Walleye Capital
New York
|
+$11M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$8.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.09B |
| 2 |
TP
Third Point
New York
|
-$34.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$24.3M |
| 4 |
SM
Skaana Management
Brooklyn,
New York
|
-$13M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$8.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
51
Mizuho Securities USA
New York
| – | -$2.71M | -25,000 | Closed |
|
|
VF
52
Virtu Financial
New York
| – | -$277K | -2,460 | Closed |
|
53
American Century Companies
Kansas City,
Missouri
| – | -$219K | -1,940 | Closed |
|
54
Citigroup
New York
| – | -$160K | -1,425 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$24.4K | -221 | -98% |
|
|
HDIM
56
Hanson & Doremus Investment Management
Burlington,
Vermont
| – | -$14K | -125 | Closed |
|
PCGU Hedge Fund Activity: Q2 2022 in Review
48 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q2 2022, worth a combined $1.35B — down 17% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PCGU and 3 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was Two Sigma Investments, adding an estimated $24.8M. The largest seller was Verition Fund Management, cutting an estimated $1.09B.
- 48 institutional investors held PG&E Corporation (PCGU) as of Q2 2022, down from 51 in Q1 2022.
- Funds reported $1.35B of PG&E Corporation stock for Q2 2022, down 17% quarter-over-quarter.
- 3 funds opened new PG&E Corporation positions in Q2 2022 and 6 closed out, a net change of -3 holders.
- The largest PG&E Corporation buyer in Q2 2022 was Two Sigma Investments, an estimated $24.8M added.
- The largest PG&E Corporation seller in Q2 2022 was Verition Fund Management, an estimated $1.09B sold.
Based on aggregated 13F filings for Q2 2022.