Pinnacle West Capital
469 hedge funds and large institutions have $7.88B invested in Pinnacle West Capital in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 167 increasing their positions, 161 reducing their positions, and 30 closing their positions.
280,600% more call options, than puts
Call options by funds: $2.81M | Put options by funds: $1K
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
40% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 30
2% more funds holding
Funds holding: 461 → 469 (+8)
4% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 161
2% less capital invested
Capital invested by funds: $8.07B → $7.88B (-$194M)
1.44% less ownership
Funds ownership: 85% → 83.55% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BS
Banco Santander
Madrid,
Spain
|
+$72.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$67.6M |
| 3 |
BlackRock
New York
|
+$37.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.2M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$122M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$54.1M |
| 3 |
Goldman Sachs
New York
|
-$42.7M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$40.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.9M |
PNW Hedge Fund Activity: Q3 2017 in Review
469 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q3 2017, worth a combined $7.88B — down 2.4% from $8.07B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PNW positions and 30 closed out — a net gain of 12 holders — while 167 added to existing stakes and 161 trimmed.
The largest buyer was Banco Santander, opening a new position worth an estimated $72.6M. The largest seller was Millennium Management, cutting an estimated $122M.
- 469 institutional investors held Pinnacle West Capital (PNW) as of Q3 2017, up from 461 in Q2 2017.
- Funds reported $7.88B of Pinnacle West Capital stock for Q3 2017, down 2.4% quarter-over-quarter.
- 42 funds opened new Pinnacle West Capital positions in Q3 2017 and 30 closed out, a net change of +12 holders.
- The largest Pinnacle West Capital buyer in Q3 2017 was Banco Santander, an estimated $72.6M added.
- The largest Pinnacle West Capital seller in Q3 2017 was Millennium Management, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2017.