Pinnacle West Capital
537 hedge funds and large institutions have $7.33B invested in Pinnacle West Capital in 2022 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 205 increasing their positions, 146 reducing their positions, and 29 closing their positions.
238% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 29
56% more call options, than puts
Call options by funds: $27M | Put options by funds: $17.3M
40% more repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 146
16% more capital invested
Capital invested by funds: $6.3B → $7.33B (+$1.03B)
12% more funds holding
Funds holding: 479 → 537 (+58)
0.84% less ownership
Funds ownership: 86.55% → 85.7% (-0.84%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$42M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$40.1M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$33.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$143M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$109M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$82.2M |
| 4 |
ZP
Zimmer Partners
New York
|
-$36.3M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$24M |
PNW Hedge Fund Activity: Q4 2022 in Review
537 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2022, worth a combined $7.33B — up 16% from $6.3B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new PNW positions and 29 closed out — a net gain of 69 holders — while 205 added to existing stakes and 146 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $42M. The largest seller was Lazard Asset Management, cutting an estimated $143M.
- 537 institutional investors held Pinnacle West Capital (PNW) as of Q4 2022, up from 479 in Q3 2022.
- Funds reported $7.33B of Pinnacle West Capital stock for Q4 2022, up 16% quarter-over-quarter.
- 98 funds opened new Pinnacle West Capital positions in Q4 2022 and 29 closed out, a net change of +69 holders.
- The largest Pinnacle West Capital buyer in Q4 2022 was Fidelity Investments, an estimated $42M added.
- The largest Pinnacle West Capital seller in Q4 2022 was Lazard Asset Management, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2022.