Pinnacle West Capital
407 hedge funds and large institutions have $5.53B invested in Pinnacle West Capital in 2015 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 146 increasing their positions, 150 reducing their positions, and 41 closing their positions.
65% more call options, than puts
Call options by funds: $4.52M | Put options by funds: $2.74M
2% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 41
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 411 → 407 (-4)
3% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 150
1.79% less ownership
Funds ownership: 80.4% → 78.61% (-1.8%)
9% less capital invested
Capital invested by funds: $6.05B → $5.53B (-$517M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$71.9M |
| 2 |
Millennium Management
New York
|
+$70M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.3M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$25M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$143M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$68.4M |
| 4 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
-$37.5M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$30.6M |
PNW Hedge Fund Activity: Q1 2015 in Review
407 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2015, worth a combined $5.53B — down 8.6% from $6.05B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PNW positions and 41 closed out — a net gain of 1 holder — while 146 added to existing stakes and 150 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $71.9M. The largest seller was Adage Capital Partners, cutting an estimated $143M.
- 407 institutional investors held Pinnacle West Capital (PNW) as of Q1 2015, down from 411 in Q4 2014.
- Funds reported $5.53B of Pinnacle West Capital stock for Q1 2015, down 8.6% quarter-over-quarter.
- 42 funds opened new Pinnacle West Capital positions in Q1 2015 and 41 closed out, a net change of +1 holder.
- The largest Pinnacle West Capital buyer in Q1 2015 was JP Morgan Chase, an estimated $71.9M added.
- The largest Pinnacle West Capital seller in Q1 2015 was Adage Capital Partners, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2015.