Pinnacle West Capital
400 hedge funds and large institutions have $5.68B invested in Pinnacle West Capital in 2015 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 140 increasing their positions, 137 reducing their positions, and 41 closing their positions.
285% more call options, than puts
Call options by funds: $6.76M | Put options by funds: $1.76M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
15% more capital invested
Capital invested by funds: $4.93B → $5.68B (+$749M)
1.44% more ownership
Funds ownership: 78.97% → 80.41% (+1.4%)
2% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 41
2% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 137
0% less funds holding
Funds holding: 401 → 400 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$49.9M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$43.3M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$40.3M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$37.1M |
| 5 |
TA
Teachers Advisors
New York
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$102M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$28.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$28.4M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$26.4M |
| 5 |
Bank of New York Mellon
New York
|
-$21.6M |
PNW Hedge Fund Activity: Q3 2015 in Review
400 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q3 2015, worth a combined $5.68B — up 15% from $4.93B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PNW positions and 41 closed out — a net gain of 1 holder — while 140 added to existing stakes and 137 trimmed.
The largest buyer was Ameriprise, adding an estimated $49.9M. The largest seller was Millennium Management, cutting an estimated $102M.
- 400 institutional investors held Pinnacle West Capital (PNW) as of Q3 2015, down from 401 in Q2 2015.
- Funds reported $5.68B of Pinnacle West Capital stock for Q3 2015, up 15% quarter-over-quarter.
- 42 funds opened new Pinnacle West Capital positions in Q3 2015 and 41 closed out, a net change of +1 holder.
- The largest Pinnacle West Capital buyer in Q3 2015 was Ameriprise, an estimated $49.9M added.
- The largest Pinnacle West Capital seller in Q3 2015 was Millennium Management, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2015.