Pinnacle West Capital
PNW
497 hedge funds and large institutions have $7.01B invested in Pinnacle West Capital in 2020 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 165 increasing their positions, 185 reducing their positions, and 62 closing their positions.
8% more call options, than puts
Call options by funds: $5.68M | Put options by funds: $5.24M
8% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 62
0% more funds holding
Funds holding: 495 → 497 (+2)
4% less capital invested
Capital invested by funds: $7.27B → $7.01B (-$256M)
1.19% less ownership
Funds ownership: 85.8% → 84.61% (-1.2%)
11% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 185
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$160M |
| 2 |
Cohen & Steers
New York
|
+$72.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$65.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$58.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$53.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$179M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$96.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$86.6M |
| 4 |
Renaissance Technologies
New York
|
-$74.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$68.5M |
PNW Hedge Fund Activity: Q2 2020 in Review
497 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q2 2020, worth a combined $7.01B — down 3.5% from $7.27B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PNW positions and 62 closed out — a net gain of 5 holders — while 165 added to existing stakes and 185 trimmed.
The largest buyer was Franklin Resources, adding an estimated $160M. The largest seller was BlackRock, cutting an estimated $179M.
- 497 institutional investors held Pinnacle West Capital (PNW) as of Q2 2020, up from 495 in Q1 2020.
- Funds reported $7.01B of Pinnacle West Capital stock for Q2 2020, down 3.5% quarter-over-quarter.
- 67 funds opened new Pinnacle West Capital positions in Q2 2020 and 62 closed out, a net change of +5 holders.
- The largest Pinnacle West Capital buyer in Q2 2020 was Franklin Resources, an estimated $160M added.
- The largest Pinnacle West Capital seller in Q2 2020 was BlackRock, an estimated $179M sold.
Based on aggregated 13F filings for Q2 2020.