Pinnacle West Capital
543 hedge funds and large institutions have $8.7B invested in Pinnacle West Capital in 2024 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 182 increasing their positions, 189 reducing their positions, and 41 closing their positions.
117% more call options, than puts
Call options by funds: $26.4M | Put options by funds: $12.2M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
54% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 41
8.92% more ownership
Funds ownership: 91.4% → 100.32% (+8.9%)
3% more funds holding
Funds holding: 527 → 543 (+16)
4% more capital invested
Capital invested by funds: $8.41B → $8.7B (+$296M)
4% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 189
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$147M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$104M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$77.6M |
| 4 |
CC
Covalis Capital
London,
United Kingdom
|
+$41.7M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$37.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$287M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$68.2M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$31.9M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.4M |
PNW Hedge Fund Activity: Q2 2024 in Review
543 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q2 2024, worth a combined $8.7B — up 3.5% from $8.41B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new PNW positions and 41 closed out — a net gain of 22 holders — while 182 added to existing stakes and 189 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $147M. The largest seller was Lazard Asset Management, cutting an estimated $287M.
- 543 institutional investors held Pinnacle West Capital (PNW) as of Q2 2024, up from 527 in Q1 2024.
- Funds reported $8.7B of Pinnacle West Capital stock for Q2 2024, up 3.5% quarter-over-quarter.
- 63 funds opened new Pinnacle West Capital positions in Q2 2024 and 41 closed out, a net change of +22 holders.
- The largest Pinnacle West Capital buyer in Q2 2024 was Capital Research Global Investors, an estimated $147M added.
- The largest Pinnacle West Capital seller in Q2 2024 was Lazard Asset Management, an estimated $287M sold.
Based on aggregated 13F filings for Q2 2024.