Pinnacle West Capital
498 hedge funds and large institutions have $6.55B invested in Pinnacle West Capital in 2021 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 142 increasing their positions, 178 reducing their positions, and 97 closing their positions.
2% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 97
2.36% less ownership
Funds ownership: 84.78% → 82.43% (-2.4%)
3% less funds holding
Funds holding: 511 → 498 (-13)
5% less capital invested
Capital invested by funds: $6.91B → $6.55B (-$364M)
20% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 178
35% less call options, than puts
Call options by funds: $22.4M | Put options by funds: $34.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$455M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$117M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$31.9M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$30.3M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$277M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$65.2M |
| 3 |
State Street
Boston,
Massachusetts
|
-$57M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$45.5M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$42.5M |
PNW Hedge Fund Activity: Q4 2021 in Review
498 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2021, worth a combined $6.55B — down 5.3% from $6.91B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of PNW and 95 opened new positions — a net loss of 2 holders — while 178 trimmed existing stakes and 142 added.
The largest buyer was Lazard Asset Management, adding an estimated $455M. The largest seller was Wellington Management Group, cutting an estimated $277M.
- 498 institutional investors held Pinnacle West Capital (PNW) as of Q4 2021, down from 511 in Q3 2021.
- Funds reported $6.55B of Pinnacle West Capital stock for Q4 2021, down 5.3% quarter-over-quarter.
- 95 funds opened new Pinnacle West Capital positions in Q4 2021 and 97 closed out, a net change of -2 holders.
- The largest Pinnacle West Capital buyer in Q4 2021 was Lazard Asset Management, an estimated $455M added.
- The largest Pinnacle West Capital seller in Q4 2021 was Wellington Management Group, an estimated $277M sold.
Based on aggregated 13F filings for Q4 2021.