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Pinnacle West Capital

378 hedge funds and large institutions have $4.55B invested in Pinnacle West Capital in 2013 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 126 increasing their positions, 132 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $1.26M | Put options by funds: $613K

1.7% more ownership

Funds ownership: 76.56%78.26% (+1.7%)

10% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 41

0% more funds holding

Funds holding: 378378 (0)

1% less capital invested

Capital invested by funds: $4.6B → $4.55B (-$49.8M)

5% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 132

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
378
Holders Change
Holders Change %
0%
% of All Funds
10.97%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
45
Increased
126
Reduced
132
Closed
41
Calls
$1.26M
Puts
$613K
Net Calls
+$647K
Net Calls Change
-$136K
Name Holding Trade Value Shares
Change
Change in
Stake
ARC
26
Absolute Return Capital
Massachusetts
$40M +$14.8M +270,689 +56%
First Trust Advisors
27
First Trust Advisors
Illinois
$39.4M -$1.89M -34,587 -4%
AQR Capital Management
28
AQR Capital Management
Connecticut
$34.2M +$3.54M +64,552 +11%
Morgan Stanley
29
Morgan Stanley
New York
$32.6M +$10.2M +185,585 +43%
Goldman Sachs
30
Goldman Sachs
New York
$32.3M +$14.1M +257,445 +73%
Bank of America
31
Bank of America
North Carolina
$31.6M -$4.27M -77,870 -12%
Canada Pension Plan Investment Board
32
Canada Pension Plan Investment Board
Ontario, Canada
$30.6M +$31.5M +574,254 +16,050%
RFC
33
Russell Frank Company
Washington
$28.7M +$4.48M +81,798 +18%
Principal Financial Group
34
Principal Financial Group
Iowa
$26.6M -$13.4M -244,084 -33%
Bank of Montreal
35
Bank of Montreal
Ontario, Canada
$26.5M +$6.65M +121,321 +32%
Charles Schwab
36
Charles Schwab
California
$26M +$663K +12,110 +3%
Wellington Management Group
37
Wellington Management Group
Massachusetts
$25.3M +$1.84M +33,610 +8%
JP Morgan Chase
38
JP Morgan Chase
New York
$24.9M -$9.79M -178,753 -27%
RCM
39
Riverhead Capital Management
Delaware
$24.7M -$162K -2,954 -0.6%
Allianz Asset Management
40
Allianz Asset Management
Germany
$24.7M +$875K +15,964 +4%
Deutsche Bank
41
Deutsche Bank
Germany
$24.5M +$3.54M +64,565 +16%
GC
42
Guggenheim Capital
Illinois
$23.5M +$8.04M +146,795 +49%
Two Sigma Investments
43
Two Sigma Investments
New York
$22.5M +$7.66M +139,920 +49%
PAM
44
Panagora Asset Management
Massachusetts
$21.7M -$4.63M -84,589 -17%
GF
45
Gabelli Funds
New York
$21.3M -$329K -6,000 -1%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$20.9M +$3.49M +63,690 +19%
CC
47
Chubb Corp
New Jersey
$20.1M
UBS AM
48
UBS AM
Illinois
$19.7M -$561K -10,233 -3%
AL
49
AJO LP
Pennsylvania
$19.4M -$838K -15,300 -4%
Neuberger Berman Group
50
Neuberger Berman Group
New York
$19.3M -$63K -1,150 -0.3%

PNW Hedge Fund Activity: Q4 2013 in Review

378 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2013, worth a combined $4.55B — down 1.1% from $4.6B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PNW positions and 41 closed out — a net gain of 4 holders — while 126 added to existing stakes and 132 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $110M. The largest seller was Acadian Asset Management, cutting an estimated $48.6M.

  • 378 institutional investors held Pinnacle West Capital (PNW) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $4.55B of Pinnacle West Capital stock for Q4 2013, down 1.1% quarter-over-quarter.
  • 45 funds opened new Pinnacle West Capital positions in Q4 2013 and 41 closed out, a net change of +4 holders.
  • The largest Pinnacle West Capital buyer in Q4 2013 was Capital World Investors, an estimated $110M added.
  • The largest Pinnacle West Capital seller in Q4 2013 was Acadian Asset Management, an estimated $48.6M sold.

Based on aggregated 13F filings for Q4 2013.