Pinnacle West Capital
527 hedge funds and large institutions have $8.41B invested in Pinnacle West Capital in 2024 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 172 increasing their positions, 193 reducing their positions, and 81 closing their positions.
18% more capital invested
Capital invested by funds: $7.11B → $8.41B (+$1.3B)
11% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $18.7M
4.16% more ownership
Funds ownership: 87.24% → 91.4% (+4.2%)
4% less funds holding
Funds holding: 548 → 527 (-21)
11% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 193
19% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$447M |
| 2 |
AIP
Atlas Infrastructure Partners
London,
United Kingdom
|
+$235M |
| 3 |
Lazard Asset Management
New York
|
+$199M |
| 4 |
ZP
Zimmer Partners
New York
|
+$187M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
+$125M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$98.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$59.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$58.9M |
| 4 |
Jennison Associates
New York
|
-$33.2M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$28.1M |
PNW Hedge Fund Activity: Q1 2024 in Review
527 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2024, worth a combined $8.41B — up 18% from $7.11B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of PNW and 66 opened new positions — a net loss of 15 holders — while 193 trimmed existing stakes and 172 added.
The largest buyer was Capital Research Global Investors, adding an estimated $447M. The largest seller was Morgan Stanley, cutting an estimated $98.7M.
- 527 institutional investors held Pinnacle West Capital (PNW) as of Q1 2024, down from 548 in Q4 2023.
- Funds reported $8.41B of Pinnacle West Capital stock for Q1 2024, up 18% quarter-over-quarter.
- 66 funds opened new Pinnacle West Capital positions in Q1 2024 and 81 closed out, a net change of -15 holders.
- The largest Pinnacle West Capital buyer in Q1 2024 was Capital Research Global Investors, an estimated $447M added.
- The largest Pinnacle West Capital seller in Q1 2024 was Morgan Stanley, an estimated $98.7M sold.
Based on aggregated 13F filings for Q1 2024.