PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
52 hedge funds and large institutions have $1.24B invested in PG&E Corporation in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 22 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
16% more funds holding
Funds holding: 45 → 52 (+7)
36% less capital invested
Capital invested by funds: $1.94B → $1.24B (-$708M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
73% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$84.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30.3M |
| 3 |
Jane Street
New York
|
+$22.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$9.39M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
-$238M |
| 2 |
Two Sigma Investments
New York
|
-$218M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$99.6M |
| 4 |
BlackRock
New York
|
-$77.6M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7.33K | +$7.23K | +49 | New |
|
52
Bank of America
Charlotte,
North Carolina
| $3.74K | -$11.9M | -80,996 | -100% |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2.84K | +$2.8K | +19 | New |
|
|
AAI
54
Aequim Alternative Investments
Mill Valley,
California
| – | -$238M | -1,820,100 | Closed |
|
|
MF
55
Magnetar Financial
Evanston,
Illinois
| – | -$39.7M | -279,500 | Closed |
|
|
DAM
56
DLD Asset Management
New York
| – | -$8.96M | -63,000 | Closed |
|
|
BFM
57
Boothbay Fund Management
New York
| – | -$3.78M | -26,523 | Closed |
|
|
WVP
58
Worth Venture Partners
Fort Lee,
New Jersey
| – | -$876K | -6,111 | Closed |
|
59
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5.27K | -37 | Closed |
|
PCGU Hedge Fund Activity: Q2 2023 in Review
52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q2 2023, worth a combined $1.24B — down 36% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PCGU positions and 6 closed out — a net gain of 7 holders — while 6 added to existing stakes and 22 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $84.7M. The largest seller was Aequim Alternative Investments, exiting entirely with an estimated $238M sold.
- 52 institutional investors held PG&E Corporation (PCGU) as of Q2 2023, up from 45 in Q1 2023.
- Funds reported $1.24B of PG&E Corporation stock for Q2 2023, down 36% quarter-over-quarter.
- 13 funds opened new PG&E Corporation positions in Q2 2023 and 6 closed out, a net change of +7 holders.
- The largest PG&E Corporation buyer in Q2 2023 was D.E. Shaw & Co, an estimated $84.7M added.
- The largest PG&E Corporation seller in Q2 2023 was Aequim Alternative Investments, an estimated $238M sold.
Based on aggregated 13F filings for Q2 2023.