PG&E Corporation
PCGU
PCGU was delisted on the 15th of August, 2023.
52 hedge funds and large institutions have $1.61B invested in PG&E Corporation in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 13 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
7% less funds holding
Funds holding: 56 → 52 (-4)
11% less capital invested
Capital invested by funds: $1.8B → $1.61B (-$190M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$91.7M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
+$80.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.5M |
| 4 |
SC
Sculptor Capital
New York
|
+$40.1M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$36.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$322M |
| 2 |
Blackstone Inc
New York
|
-$39.3M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$24.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$22.1M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$20.1M |
PCGU Hedge Fund Activity: Q1 2021 in Review
52 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in PG&E Corporation (PCGU) for Q1 2021, worth a combined $1.61B — down 11% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PCGU and 9 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 25 added.
The largest buyer was Polar Capital Holdings, opening a new position worth an estimated $91.7M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $322M sold.
- 52 institutional investors held PG&E Corporation (PCGU) as of Q1 2021, down from 56 in Q4 2020.
- Funds reported $1.61B of PG&E Corporation stock for Q1 2021, down 11% quarter-over-quarter.
- 9 funds opened new PG&E Corporation positions in Q1 2021 and 13 closed out, a net change of -4 holders.
- The largest PG&E Corporation buyer in Q1 2021 was Polar Capital Holdings, an estimated $91.7M added.
- The largest PG&E Corporation seller in Q1 2021 was Anchorage Capital Group, an estimated $322M sold.
Based on aggregated 13F filings for Q1 2021.