Pinnacle West Capital
502 hedge funds and large institutions have $7.87B invested in Pinnacle West Capital in 2017 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 160 increasing their positions, 165 reducing their positions, and 41 closing their positions.
101% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $1.47M
85% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 41
7% more funds holding
Funds holding: 469 → 502 (+33)
0% less capital invested
Capital invested by funds: $7.88B → $7.87B (-$5.88M)
0.74% less ownership
Funds ownership: 83.55% → 82.81% (-0.74%)
3% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 165
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$61M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$60.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$46M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$43.8M |
| 5 |
Two Sigma Advisers
New York
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BS
Banco Santander
Madrid,
Spain
|
-$70M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$43.8M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$39.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$34.2M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$31.8M |
PNW Hedge Fund Activity: Q4 2017 in Review
502 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2017, worth a combined $7.87B — down 0.07% from $7.88B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new PNW positions and 41 closed out — a net gain of 35 holders — while 160 added to existing stakes and 165 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $61M. The largest seller was Banco Santander, exiting entirely with an estimated $70M sold.
- 502 institutional investors held Pinnacle West Capital (PNW) as of Q4 2017, up from 469 in Q3 2017.
- Funds reported $7.87B of Pinnacle West Capital stock for Q4 2017, down 0.07% quarter-over-quarter.
- 76 funds opened new Pinnacle West Capital positions in Q4 2017 and 41 closed out, a net change of +35 holders.
- The largest Pinnacle West Capital buyer in Q4 2017 was Renaissance Technologies, an estimated $61M added.
- The largest Pinnacle West Capital seller in Q4 2017 was Banco Santander, an estimated $70M sold.
Based on aggregated 13F filings for Q4 2017.