Pinnacle West Capital
495 hedge funds and large institutions have $7.27B invested in Pinnacle West Capital in 2020 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 147 increasing their positions, 202 reducing their positions, and 78 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
51% more call options, than puts
Call options by funds: $5.29M | Put options by funds: $3.49M
0.35% more ownership
Funds ownership: 85.45% → 85.8% (+0.35%)
4% less funds holding
Funds holding: 516 → 495 (-21)
16% less capital invested
Capital invested by funds: $8.63B → $7.27B (-$1.37B)
21% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 78
27% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 202
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$176M |
| 2 |
ZP
Zimmer Partners
New York
|
+$139M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$46.3M |
| 4 |
ECP
Electron Capital Partners
New York
|
+$46M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$126M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$67.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$42.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$41.2M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$31.2M |
PNW Hedge Fund Activity: Q1 2020 in Review
495 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2020, worth a combined $7.27B — down 16% from $8.63B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of PNW and 62 opened new positions — a net loss of 16 holders — while 202 trimmed existing stakes and 147 added.
The largest buyer was Citadel Advisors, adding an estimated $176M. The largest seller was AQR Capital Management, cutting an estimated $126M.
- 495 institutional investors held Pinnacle West Capital (PNW) as of Q1 2020, down from 516 in Q4 2019.
- Funds reported $7.27B of Pinnacle West Capital stock for Q1 2020, down 16% quarter-over-quarter.
- 62 funds opened new Pinnacle West Capital positions in Q1 2020 and 78 closed out, a net change of -16 holders.
- The largest Pinnacle West Capital buyer in Q1 2020 was Citadel Advisors, an estimated $176M added.
- The largest Pinnacle West Capital seller in Q1 2020 was AQR Capital Management, an estimated $126M sold.
Based on aggregated 13F filings for Q1 2020.