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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.

New
Increased
Maintained
Reduced
Closed

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: 35 (+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: 527543 (+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

Holders
543
Holders Change
+16
Holders Change %
+3.04%
% of All Funds
7.84%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
63
Increased
182
Reduced
189
Closed
41
Calls
$26.4M
Puts
$12.2M
Net Calls
+$14.2M
Net Calls Change
+$12.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
76
Envestnet Asset Management
Illinois
$10.4M -$224K -2,963 -2%
Stifel Financial
77
Stifel Financial
Missouri
$10.2M +$112K +1,489 +1%
Allspring Global Investments
78
Allspring Global Investments
North Carolina
$10.1M +$8.6M +113,925 +635%
Principal Financial Group
79
Principal Financial Group
Iowa
$9.87M -$34.2K -453 -0.3%
Federated Hermes
80
Federated Hermes
Pennsylvania
$9.34M -$653K -8,647 -7%
State of Wisconsin Investment Board
81
State of Wisconsin Investment Board
Wisconsin
$9.28M +$2.15M +28,423 +31%
BNP Paribas Financial Markets
82
BNP Paribas Financial Markets
France
$8.85M +$8.98K +119 +0.1%
Hudson Bay Capital Management
83
Hudson Bay Capital Management
Connecticut
$8.65M +$8.55M +113,247 New
California State Teachers Retirement System (CalSTRS)
84
California State Teachers Retirement System (CalSTRS)
California
$8.63M -$195K -2,588 -2%
Adage Capital Partners
85
Adage Capital Partners
Massachusetts
$8.32M -$20.9M -277,300 -72%
Citigroup
86
Citigroup
New York
$7.95M +$966K +12,803 +14%
Kovitz Investment Group Partners
87
Kovitz Investment Group Partners
Illinois
$7.85M +$56.6K +750 +0.7%
MAM
88
Magellan Asset Management
Australia
$7.68M +$380K +5,041 +5%
GCM
89
Ghisallo Capital Management
Massachusetts
$7.64M -$7.55M -100,000 -50%
Boston Partners
90
Boston Partners
Massachusetts
$7.03M -$278K -3,683 -4%
VV
91
Verity & Verity
South Carolina
$6.87M -$5.89K -78 -0.1%
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$6.43M -$2.7M -35,748 -30%
KFP
93
Keystone Financial Planning
Ohio
$6.42M -$6.94K -92 -0.1%
Mitsubishi UFJ Asset Management
94
Mitsubishi UFJ Asset Management
Japan
$6.35M
AAIM
95
American Assets Investment Management
California
$6.34M
Macquarie Group
96
Macquarie Group
Australia
$5.91M -$353K -4,675 -6%
Prudential Financial
97
Prudential Financial
New Jersey
$5.85M -$774K -10,262 -12%
TD Asset Management
98
TD Asset Management
Ontario, Canada
$5.81M -$54.6K -724 -0.9%
PPL
99
PATRIZIA Pty Ltd
Australia
$5.38M
HighTower Advisors
100
HighTower Advisors
Illinois
$5.29M +$226 +3 +0%

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.