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Pinnacle West Capital

411 hedge funds and large institutions have $6.05B invested in Pinnacle West Capital in 2014 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 136 increasing their positions, 146 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

435% more call options, than puts

Call options by funds: $5.23M | Put options by funds: $977K

39% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 44

25% more capital invested

Capital invested by funds: $4.85B → $6.05B (+$1.19B)

2% more funds holding

Funds holding: 402411 (+9)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.26% less ownership

Funds ownership: 80.66%80.4% (-0.26%)

7% less repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 146

Holders
411
Holders Change
+9
Holders Change %
+2.24%
% of All Funds
10.96%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
61
Increased
136
Reduced
146
Closed
44
Calls
$5.23M
Puts
$977K
Net Calls
+$4.25M
Net Calls Change
+$1.24M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$603M +$26.3M +422,988 +5%
Franklin Resources
2
Franklin Resources
California
$434M -$46.6M -750,000 -11%
State Street
3
State Street
Massachusetts
$427M +$29.3M +470,786 +8%
BFA
4
BlackRock Fund Advisors
California
$382M +$37.3M +600,506 +12%
Capital World Investors
5
Capital World Investors
California
$361M
Bank of New York Mellon
6
Bank of New York Mellon
New York
$241M +$138M +2,222,870 +171%
BIT
7
BlackRock Institutional Trust
California
$208M +$1.14M +18,290 +0.6%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$200M -$329K -5,300 -0.2%
Adage Capital Partners
9
Adage Capital Partners
Massachusetts
$157M +$2.93M +47,100 +2%
WCM
10
Wedge Capital Management
North Carolina
$141M -$12.1M -194,707 -9%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$131M -$40.4M -649,574 -25%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$116M +$8.14M +130,975 +8%
GC
13
Guggenheim Capital
Illinois
$107M -$5.51M -88,743 -5%
Invesco
14
Invesco
Georgia
$90.6M +$5.62M +90,498 +7%
Northern Trust
15
Northern Trust
Illinois
$89.4M +$1.5M +24,161 +2%
WHRC
16
W.H. Reaves & Co
New Jersey
$77M -$13.6M -219,559 -16%
Norges Bank
17
Norges Bank
Norway
$73.2M +$1.7M +27,367 +3%
BG
18
BlackRock Group
United Kingdom
$68.8M +$5.02M +80,816 +9%
APG Asset Management
19
APG Asset Management
Netherlands
$61.1M +$247K +3,967 +0.4%
Bank of America
20
Bank of America
North Carolina
$60.6M -$4.2M -67,533 -7%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$60.1M +$1.45M +23,307 +3%
VOYA Investment Management
22
VOYA Investment Management
Georgia
$59.1M -$22.6M -363,067 -30%
First Trust Advisors
23
First Trust Advisors
Illinois
$59M +$18.8M +302,492 +54%
AQR Capital Management
24
AQR Capital Management
Connecticut
$51.6M +$14.3M +230,192 +44%
Legal & General Group
25
Legal & General Group
United Kingdom
$50.9M -$2.57M -41,301 -5%

PNW Hedge Fund Activity: Q4 2014 in Review

411 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2014, worth a combined $6.05B — up 25% from $4.85B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new PNW positions and 44 closed out — a net gain of 17 holders — while 136 added to existing stakes and 146 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $138M. The largest seller was Millennium Management, exiting entirely with an estimated $58.4M sold.

  • 411 institutional investors held Pinnacle West Capital (PNW) as of Q4 2014, up from 402 in Q3 2014.
  • Funds reported $6.05B of Pinnacle West Capital stock for Q4 2014, up 25% quarter-over-quarter.
  • 61 funds opened new Pinnacle West Capital positions in Q4 2014 and 44 closed out, a net change of +17 holders.
  • The largest Pinnacle West Capital buyer in Q4 2014 was Bank of New York Mellon, an estimated $138M added.
  • The largest Pinnacle West Capital seller in Q4 2014 was Millennium Management, an estimated $58.4M sold.

Based on aggregated 13F filings for Q4 2014.