Pinnacle West Capital
411 hedge funds and large institutions have $6.05B invested in Pinnacle West Capital in 2014 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 136 increasing their positions, 146 reducing their positions, and 44 closing their positions.
435% more call options, than puts
Call options by funds: $5.23M | Put options by funds: $977K
39% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 44
25% more capital invested
Capital invested by funds: $4.85B → $6.05B (+$1.19B)
2% more funds holding
Funds holding: 402 → 411 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.26% less ownership
Funds ownership: 80.66% → 80.4% (-0.26%)
7% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$138M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$37.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$29.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$58.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$46.6M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$40.4M |
| 4 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$34.7M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$28.1M |
PNW Hedge Fund Activity: Q4 2014 in Review
411 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2014, worth a combined $6.05B — up 25% from $4.85B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new PNW positions and 44 closed out — a net gain of 17 holders — while 136 added to existing stakes and 146 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $138M. The largest seller was Millennium Management, exiting entirely with an estimated $58.4M sold.
- 411 institutional investors held Pinnacle West Capital (PNW) as of Q4 2014, up from 402 in Q3 2014.
- Funds reported $6.05B of Pinnacle West Capital stock for Q4 2014, up 25% quarter-over-quarter.
- 61 funds opened new Pinnacle West Capital positions in Q4 2014 and 44 closed out, a net change of +17 holders.
- The largest Pinnacle West Capital buyer in Q4 2014 was Bank of New York Mellon, an estimated $138M added.
- The largest Pinnacle West Capital seller in Q4 2014 was Millennium Management, an estimated $58.4M sold.
Based on aggregated 13F filings for Q4 2014.