Pinnacle West Capital
521 hedge funds and large institutions have $8.14B invested in Pinnacle West Capital in 2018 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 183 increasing their positions, 154 reducing their positions, and 40 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
110% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 40
85% more call options, than puts
Call options by funds: $7.06M | Put options by funds: $3.82M
19% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 154
9% more capital invested
Capital invested by funds: $7.44B → $8.14B (+$698M)
9% more funds holding
Funds holding: 479 → 521 (+42)
2.19% more ownership
Funds ownership: 83.38% → 85.58% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$80M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$72.6M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$59.4M |
| 4 |
Renaissance Technologies
New York
|
+$58.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$43.9M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$40.9M |
| 3 |
Millennium Management
New York
|
-$40.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$31M |
| 5 |
Two Sigma Investments
New York
|
-$28.9M |
PNW Hedge Fund Activity: Q4 2018 in Review
521 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2018, worth a combined $8.14B — up 9.4% from $7.44B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new PNW positions and 40 closed out — a net gain of 44 holders — while 183 added to existing stakes and 154 trimmed.
The largest buyer was BlackRock, adding an estimated $80M. The largest seller was Citadel Advisors, cutting an estimated $43.9M.
- 521 institutional investors held Pinnacle West Capital (PNW) as of Q4 2018, up from 479 in Q3 2018.
- Funds reported $8.14B of Pinnacle West Capital stock for Q4 2018, up 9.4% quarter-over-quarter.
- 84 funds opened new Pinnacle West Capital positions in Q4 2018 and 40 closed out, a net change of +44 holders.
- The largest Pinnacle West Capital buyer in Q4 2018 was BlackRock, an estimated $80M added.
- The largest Pinnacle West Capital seller in Q4 2018 was Citadel Advisors, an estimated $43.9M sold.
Based on aggregated 13F filings for Q4 2018.