PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
50 hedge funds and large institutions have $2.04B invested in PG&E Corporation in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
31% more capital invested
Capital invested by funds: $1.55B → $2.04B (+$484M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 48 → 50 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$77.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$58.3M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$48.6M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$29.7M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$122M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$28.5M |
| 3 |
Millennium Management
New York
|
-$18.3M |
| 4 |
BlackRock
New York
|
-$10.4M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Lazard Asset Management
New York
| $49K | +$46.8K | +346 | New |
|
52
Rockefeller Capital Management
New York
| $13K | – | – | – |
|
|
PTC
53
Private Trust Company
Cleveland,
Ohio
| $5K | – | – | – |
|
|
WAM
54
Weiss Asset Management
Boston,
Massachusetts
| – | -$122M | -1,063,213 | Closed |
|
|
55
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$28.5M | -249,867 | Closed |
|
|
56
Millennium Management
New York
| – | -$18.3M | -159,459 | Closed |
|
57
Daiwa Securities Group
Tokyo,
Japan
| – | -$5.75M | -50,000 | Closed |
|
|
VF
58
Virtu Financial
New York
| – | -$282K | -2,469 | Closed |
|
59
US Bancorp
Minneapolis,
Minnesota
| – | -$57K | -495 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$20K | -175 | Closed |
|
|
PA
61
Parallel Advisors
San Francisco,
California
| – | -$8.11K | -60 | Closed |
|
PCGU Hedge Fund Activity: Q4 2022 in Review
50 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q4 2022, worth a combined $2.04B — up 31% from $1.55B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PCGU positions and 8 closed out — a net gain of 2 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Shaolin Capital Management, adding an estimated $77.1M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $122M sold.
- 50 institutional investors held PG&E Corporation (PCGU) as of Q4 2022, up from 48 in Q3 2022.
- Funds reported $2.04B of PG&E Corporation stock for Q4 2022, up 31% quarter-over-quarter.
- 10 funds opened new PG&E Corporation positions in Q4 2022 and 8 closed out, a net change of +2 holders.
- The largest PG&E Corporation buyer in Q4 2022 was Shaolin Capital Management, an estimated $77.1M added.
- The largest PG&E Corporation seller in Q4 2022 was Weiss Asset Management, an estimated $122M sold.
Based on aggregated 13F filings for Q4 2022.