Pinnacle West Capital
521 hedge funds and large institutions have $7.76B invested in Pinnacle West Capital in 2023 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 191 increasing their positions, 166 reducing their positions, and 63 closing their positions.
103% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $13.5M
15% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 166
6% more capital invested
Capital invested by funds: $7.33B → $7.76B (+$427M)
1.44% more ownership
Funds ownership: 85.7% → 87.14% (+1.4%)
10% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 63
3% less funds holding
Funds holding: 537 → 521 (-16)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$74.8M |
| 2 |
Jennison Associates
New York
|
+$70.7M |
| 3 |
EIP
Epoch Investment Partners
New York
|
+$58.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$57.8M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$54.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$35.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$33.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$30.6M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$26.9M |
PNW Hedge Fund Activity: Q1 2023 in Review
521 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2023, worth a combined $7.76B — up 5.8% from $7.33B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of PNW and 57 opened new positions — a net loss of 6 holders — while 166 trimmed existing stakes and 191 added.
The largest buyer was Citadel Advisors, adding an estimated $74.8M. The largest seller was Zimmer Partners, exiting entirely with an estimated $54.7M sold.
- 521 institutional investors held Pinnacle West Capital (PNW) as of Q1 2023, down from 537 in Q4 2022.
- Funds reported $7.76B of Pinnacle West Capital stock for Q1 2023, up 5.8% quarter-over-quarter.
- 57 funds opened new Pinnacle West Capital positions in Q1 2023 and 63 closed out, a net change of -6 holders.
- The largest Pinnacle West Capital buyer in Q1 2023 was Citadel Advisors, an estimated $74.8M added.
- The largest Pinnacle West Capital seller in Q1 2023 was Zimmer Partners, an estimated $54.7M sold.
Based on aggregated 13F filings for Q1 2023.