Pinnacle West Capital
379 hedge funds and large institutions have $4.56B invested in Pinnacle West Capital in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 126 increasing their positions, 132 reducing their positions, and 41 closing their positions.
106% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $613K
12% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 41
1.71% more ownership
Funds ownership: 76.55% → 78.26% (+1.7%)
0% more funds holding
Funds holding: 378 → 379 (+1)
1% less capital invested
Capital invested by funds: $4.61B → $4.56B (-$50.6M)
5% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 132
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$110M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$50.8M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$31.5M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$30.4M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$48.6M |
| 2 |
Millennium Management
New York
|
-$40.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$39.2M |
| 4 |
Bank of New York Mellon
New York
|
-$26.7M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
-$21.4M |
PNW Hedge Fund Activity: Q4 2013 in Review
379 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2013, worth a combined $4.56B — down 1.1% from $4.61B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PNW positions and 41 closed out — a net gain of 5 holders — while 126 added to existing stakes and 132 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $110M. The largest seller was Acadian Asset Management, cutting an estimated $48.6M.
- 379 institutional investors held Pinnacle West Capital (PNW) as of Q4 2013, up from 378 in Q3 2013.
- Funds reported $4.56B of Pinnacle West Capital stock for Q4 2013, down 1.1% quarter-over-quarter.
- 46 funds opened new Pinnacle West Capital positions in Q4 2013 and 41 closed out, a net change of +5 holders.
- The largest Pinnacle West Capital buyer in Q4 2013 was Capital World Investors, an estimated $110M added.
- The largest Pinnacle West Capital seller in Q4 2013 was Acadian Asset Management, an estimated $48.6M sold.
Based on aggregated 13F filings for Q4 2013.