Pinnacle West Capital
503 hedge funds and large institutions have $8.03B invested in Pinnacle West Capital in 2021 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 157 increasing their positions, 179 reducing their positions, and 55 closing their positions.
36% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $8.89M
15% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 55
1.78% more ownership
Funds ownership: 85.26% → 87.04% (+1.8%)
3% more capital invested
Capital invested by funds: $7.8B → $8.03B (+$237M)
1% more funds holding
Funds holding: 499 → 503 (+4)
12% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 179
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$322M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$78M |
| 3 |
Newport Trust Company
Washington,
District of Columbia
|
+$74.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$40.2M |
| 5 |
Morgan Stanley
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$91M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$87.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$41.7M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$39.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.3M |
PNW Hedge Fund Activity: Q2 2021 in Review
503 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q2 2021, worth a combined $8.03B — up 3% from $7.8B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new PNW positions and 55 closed out — a net gain of 8 holders — while 157 added to existing stakes and 179 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $322M. The largest seller was ClearBridge Investments (Australia), cutting an estimated $91M.
- 503 institutional investors held Pinnacle West Capital (PNW) as of Q2 2021, up from 499 in Q1 2021.
- Funds reported $8.03B of Pinnacle West Capital stock for Q2 2021, up 3% quarter-over-quarter.
- 63 funds opened new Pinnacle West Capital positions in Q2 2021 and 55 closed out, a net change of +8 holders.
- The largest Pinnacle West Capital buyer in Q2 2021 was Lazard Asset Management, an estimated $322M added.
- The largest Pinnacle West Capital seller in Q2 2021 was ClearBridge Investments (Australia), an estimated $91M sold.
Based on aggregated 13F filings for Q2 2021.