PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
45 hedge funds and large institutions have $1.94B invested in PG&E Corporation in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 6 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
5% less capital invested
Capital invested by funds: $2.04B → $1.94B (-$93.2M)
10% less funds holding
Funds holding: 50 → 45 (-5)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$41.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$26.3M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$18.6M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$11.1M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$6.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$45.7M |
| 2 |
D.E. Shaw & Co
New York
|
-$34.1M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$30.6M |
| 4 |
Morgan Stanley
New York
|
-$12.1M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Capstone Investment Advisors
New York
| – | -$10.1M | -70,000 | Closed |
|
|
MSU
52
Mizuho Securities USA
New York
| – | -$7.03M | -50,000 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$209K | -1,452 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$187K | -1,295 | Closed |
|
55
Rockefeller Capital Management
New York
| – | -$13K | -92 | Closed |
|
PCGU Hedge Fund Activity: Q1 2023 in Review
45 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q1 2023, worth a combined $1.94B — down 4.6% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PCGU and 1 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Shaolin Capital Management, adding an estimated $41.8M. The largest seller was Wolverine Asset Management, cutting an estimated $45.7M.
- 45 institutional investors held PG&E Corporation (PCGU) as of Q1 2023, down from 50 in Q4 2022.
- Funds reported $1.94B of PG&E Corporation stock for Q1 2023, down 4.6% quarter-over-quarter.
- 1 fund opened new PG&E Corporation positions in Q1 2023 and 6 closed out, a net change of -5 holders.
- The largest PG&E Corporation buyer in Q1 2023 was Shaolin Capital Management, an estimated $41.8M added.
- The largest PG&E Corporation seller in Q1 2023 was Wolverine Asset Management, an estimated $45.7M sold.
Based on aggregated 13F filings for Q1 2023.