Pinnacle West Capital
385 hedge funds and large institutions have $4.79B invested in Pinnacle West Capital in 2014 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 129 increasing their positions, 145 reducing their positions, and 29 closing their positions.
1,076% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $158K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 29
5% more capital invested
Capital invested by funds: $4.55B → $4.79B (+$233M)
2% more funds holding
Funds holding: 378 → 385 (+7)
1.42% more ownership
Funds ownership: 78.26% → 79.68% (+1.4%)
11% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 145
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$89.7M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$85.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.4M |
| 4 |
Renaissance Technologies
New York
|
+$33.2M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$71.2M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$20.6M |
| 3 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
-$19.8M |
| 4 |
Two Sigma Investments
New York
|
-$17.3M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$16.8M |
PNW Hedge Fund Activity: Q1 2014 in Review
385 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2014, worth a combined $4.79B — up 5.1% from $4.55B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PNW positions and 29 closed out — a net gain of 11 holders — while 129 added to existing stakes and 145 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $89.7M. The largest seller was Duff & Phelps Investment Management, exiting entirely with an estimated $71.2M sold.
- 385 institutional investors held Pinnacle West Capital (PNW) as of Q1 2014, up from 378 in Q4 2013.
- Funds reported $4.79B of Pinnacle West Capital stock for Q1 2014, up 5.1% quarter-over-quarter.
- 40 funds opened new Pinnacle West Capital positions in Q1 2014 and 29 closed out, a net change of +11 holders.
- The largest Pinnacle West Capital buyer in Q1 2014 was VOYA Investment Management, an estimated $89.7M added.
- The largest Pinnacle West Capital seller in Q1 2014 was Duff & Phelps Investment Management, an estimated $71.2M sold.
Based on aggregated 13F filings for Q1 2014.