PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
56 hedge funds and large institutions have $1.8B invested in PG&E Corporation in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 5 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
26% more capital invested
Capital invested by funds: $1.43B → $1.8B (+$370M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4% more funds holding
Funds holding: 54 → 56 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$114M |
| 2 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$43.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$33.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.4M |
| 5 |
BlackRock
New York
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$131M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$25.4M |
| 3 |
Millennium Management
New York
|
-$23M |
| 4 |
Goldman Sachs
New York
|
-$12.8M |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$9.31M |
PCGU Hedge Fund Activity: Q4 2020 in Review
56 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q4 2020, worth a combined $1.8B — up 26% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PCGU positions and 5 closed out — a net gain of 2 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $114M. The largest seller was Anchorage Capital Group, cutting an estimated $131M.
- 56 institutional investors held PG&E Corporation (PCGU) as of Q4 2020, up from 54 in Q3 2020.
- Funds reported $1.8B of PG&E Corporation stock for Q4 2020, up 26% quarter-over-quarter.
- 7 funds opened new PG&E Corporation positions in Q4 2020 and 5 closed out, a net change of +2 holders.
- The largest PG&E Corporation buyer in Q4 2020 was Verition Fund Management, an estimated $114M added.
- The largest PG&E Corporation seller in Q4 2020 was Anchorage Capital Group, an estimated $131M sold.
Based on aggregated 13F filings for Q4 2020.