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Pinnacle West Capital

385 hedge funds and large institutions have $4.79B invested in Pinnacle West Capital in 2014 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 129 increasing their positions, 145 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,076% more call options, than puts

Call options by funds: $1.86M | Put options by funds: $158K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

38% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 29

5% more capital invested

Capital invested by funds: $4.55B → $4.79B (+$233M)

2% more funds holding

Funds holding: 378385 (+7)

1.42% more ownership

Funds ownership: 78.26%79.68% (+1.4%)

11% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 145

Holders
385
Holders Change
+7
Holders Change %
+1.85%
% of All Funds
11.12%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
40
Increased
129
Reduced
145
Closed
29
Calls
$1.86M
Puts
$158K
Net Calls
+$1.7M
Net Calls Change
+$1.05M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$432M -$6.68M -124,618 -2%
Franklin Resources
2
Franklin Resources
California
$389M +$5.36M +100,000 +1%
State Street
3
State Street
Massachusetts
$313M +$3.88M +72,408 +1%
BFA
4
BlackRock Fund Advisors
California
$256M +$324K +6,054 +0.1%
Invesco
5
Invesco
Georgia
$247M +$255K +4,758 +0.1%
BIT
6
BlackRock Institutional Trust
California
$162M +$368K +6,867 +0.2%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$128M +$18M +335,065 +17%
WCM
8
Wedge Capital Management
North Carolina
$114M +$2.9M +54,081 +3%
Capital World Investors
9
Capital World Investors
California
$109M
VOYA Investment Management
10
VOYA Investment Management
Georgia
$98.6M +$89.7M +1,673,215 +1,281%
Adage Capital Partners
11
Adage Capital Partners
Massachusetts
$96.4M +$85.6M +1,597,200 +960%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$87.5M +$83.4M +1,556,883 +3,510%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$82M -$15.4M -288,158 -16%
Barrow, Hanley, Mewhinney & Strauss
14
Barrow, Hanley, Mewhinney & Strauss
Texas
$77M +$15.1M +281,200 +25%
Northern Trust
15
Northern Trust
Illinois
$72.1M -$2.98M -55,530 -4%
WHRC
16
W.H. Reaves & Co
New Jersey
$71.5M -$19.8M -368,670 -22%
SB
17
Suntrust Banks
Georgia
$71.1M +$19.4M +361,193 +38%
Norges Bank
18
Norges Bank
Norway
$50.9M
APG Asset Management
19
APG Asset Management
Netherlands
$46M
BG
20
BlackRock Group
United Kingdom
$45.2M -$44.8K -836 -0.1%
Legal & General Group
21
Legal & General Group
United Kingdom
$44.8M +$823K +15,358 +2%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$44.2M -$917K -17,107 -2%
Bank of America
23
Bank of America
North Carolina
$44.1M +$11.3M +210,743 +35%
PAMU
24
Pictet Asset Management (UK)
United Kingdom
$39.3M -$15.6M -291,912 -29%
Renaissance Technologies
25
Renaissance Technologies
New York
$36.8M +$33.2M +619,800 +1,144%

PNW Hedge Fund Activity: Q1 2014 in Review

385 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2014, worth a combined $4.79B — up 5.1% from $4.55B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new PNW positions and 29 closed out — a net gain of 11 holders — while 129 added to existing stakes and 145 trimmed.

The largest buyer was VOYA Investment Management, adding an estimated $89.7M. The largest seller was Duff & Phelps Investment Management, exiting entirely with an estimated $71.2M sold.

  • 385 institutional investors held Pinnacle West Capital (PNW) as of Q1 2014, up from 378 in Q4 2013.
  • Funds reported $4.79B of Pinnacle West Capital stock for Q1 2014, up 5.1% quarter-over-quarter.
  • 40 funds opened new Pinnacle West Capital positions in Q1 2014 and 29 closed out, a net change of +11 holders.
  • The largest Pinnacle West Capital buyer in Q1 2014 was VOYA Investment Management, an estimated $89.7M added.
  • The largest Pinnacle West Capital seller in Q1 2014 was Duff & Phelps Investment Management, an estimated $71.2M sold.

Based on aggregated 13F filings for Q1 2014.