Pinnacle West Capital
516 hedge funds and large institutions have $8.63B invested in Pinnacle West Capital in 2019 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 167 increasing their positions, 181 reducing their positions, and 66 closing their positions.
229% more call options, than puts
Call options by funds: $4.38M | Put options by funds: $1.33M
5% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 66
8% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 181
1.33% less ownership
Funds ownership: 86.79% → 85.45% (-1.3%)
3% less funds holding
Funds holding: 534 → 516 (-18)
9% less capital invested
Capital invested by funds: $9.45B → $8.63B (-$815M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$75.2M |
| 2 |
BlackRock
New York
|
+$63.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$57.1M |
| 4 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$46M |
| 5 |
State Street
Boston,
Massachusetts
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$88.8M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$65M |
| 3 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
-$31.4M |
| 4 |
BPSG
Brookfield Public Securities Group
New York
|
-$28.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$25.9M |
PNW Hedge Fund Activity: Q4 2019 in Review
516 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2019, worth a combined $8.63B — down 8.6% from $9.45B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of PNW and 63 opened new positions — a net loss of 3 holders — while 181 trimmed existing stakes and 167 added.
The largest buyer was Zimmer Partners, adding an estimated $75.2M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $88.8M.
- 516 institutional investors held Pinnacle West Capital (PNW) as of Q4 2019, down from 534 in Q3 2019.
- Funds reported $8.63B of Pinnacle West Capital stock for Q4 2019, down 8.6% quarter-over-quarter.
- 63 funds opened new Pinnacle West Capital positions in Q4 2019 and 66 closed out, a net change of -3 holders.
- The largest Pinnacle West Capital buyer in Q4 2019 was Zimmer Partners, an estimated $75.2M added.
- The largest Pinnacle West Capital seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $88.8M sold.
Based on aggregated 13F filings for Q4 2019.