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PCGU

PG&E Corporation

Delisted

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.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 10

7% less funds holding

Funds holding: 5652 (-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: 87 (-1)

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

Holders
52
Holders Change
-4
Holders Change %
-7.14%
% of All Funds
0.91%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.12%
New
9
Increased
25
Reduced
10
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$150M -$7.57M -65,994 -5%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$115M +$17M +148,196 +17%
AAI
3
Aequim Alternative Investments
California
$114M +$36.1M +315,000 +46%
D.E. Shaw & Co
4
D.E. Shaw & Co
New York
$92.8M +$19.5M +170,085 +27%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$92.5M +$47.5M +414,500 +105%
TP
6
Third Point
New York
$91.3M
PCH
7
Polar Capital Holdings
United Kingdom
$91.3M +$91.7M +800,000 New
SCM
8
Shaolin Capital Management
Florida
$68.8M +$17.2M +150,000 +33%
Franklin Resources
9
Franklin Resources
California
$66.7M
CL
10
CSS LLC
Illinois
$51.6M +$10.1M +88,395 +24%
BCM
11
BlueCrest Capital Management
Jersey
$45.5M +$5.13M +44,749 +13%
ES
12
Equitec Specialists
Illinois
$43.5M +$13.5M +117,331 +44%
MSL
13
Mackay Shields LLC
New York
$42M +$410K +3,576 +1%
WAM
14
Wolverine Asset Management
Illinois
$40.5M +$14.2M +123,498 +54%
SC
15
Sculptor Capital
New York
$40.2M +$40.1M +350,000 New
State Street
16
State Street
Massachusetts
$37.8M -$2.98M -26,000 -7%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$36.6M -$2.29M -20,000 -6%
Wells Fargo
18
Wells Fargo
California
$36.4M +$11.4M +99,812 +45%
Millennium Management
19
Millennium Management
New York
$35.2M -$6.45M -56,211 -15%
Parallax Volatility Advisers
20
Parallax Volatility Advisers
California
$34.6M +$14.3M +125,000 +70%
Capstone Investment Advisors
21
Capstone Investment Advisors
New York
$33.1M +$33.3M +290,000 New
TSS
22
Two Sigma Securities
New York
$31.1M -$5.75M -50,164 -16%
MF
23
Magnetar Financial
Illinois
$27.2M +$7.68M +67,000 +39%
ICM
24
III Capital Management
Florida
$23M +$2.87M +25,000 +14%
AGC
25
Angelo Gordon & Co
New York
$22.2M +$4.3M +37,500 +24%

PCGU Hedge Fund Activity: Q1 2021 in Review

52 of the 5,695 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.