Pinnacle West Capital
450 hedge funds and large institutions have $7.54B invested in Pinnacle West Capital in 2016 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 163 increasing their positions, 162 reducing their positions, and 31 closing their positions.
119% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $4.77M
55% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 31
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more capital invested
Capital invested by funds: $6.77B → $7.54B (+$768M)
3% more funds holding
Funds holding: 436 → 450 (+14)
1% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 162
0.34% less ownership
Funds ownership: 84.16% → 83.81% (-0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$66.2M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$51.8M |
| 3 |
LC
LNZ Capital
New York
|
+$39.4M |
| 4 |
Jennison Associates
New York
|
+$38.6M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$150M |
| 2 |
Renaissance Technologies
New York
|
-$53.6M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$29.8M |
| 4 |
Axa
Paris,
France
|
-$28.2M |
| 5 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$26.4M |
PNW Hedge Fund Activity: Q2 2016 in Review
450 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q2 2016, worth a combined $7.54B — up 11% from $6.77B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PNW positions and 31 closed out — a net gain of 17 holders — while 163 added to existing stakes and 162 trimmed.
The largest buyer was Duff & Phelps Investment Management, adding an estimated $66.2M. The largest seller was Royal London Asset Management, cutting an estimated $150M.
- 450 institutional investors held Pinnacle West Capital (PNW) as of Q2 2016, up from 436 in Q1 2016.
- Funds reported $7.54B of Pinnacle West Capital stock for Q2 2016, up 11% quarter-over-quarter.
- 48 funds opened new Pinnacle West Capital positions in Q2 2016 and 31 closed out, a net change of +17 holders.
- The largest Pinnacle West Capital buyer in Q2 2016 was Duff & Phelps Investment Management, an estimated $66.2M added.
- The largest Pinnacle West Capital seller in Q2 2016 was Royal London Asset Management, an estimated $150M sold.
Based on aggregated 13F filings for Q2 2016.