Pinnacle West Capital
401 hedge funds and large institutions have $4.98B invested in Pinnacle West Capital in 2015 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 133 increasing their positions, 149 reducing their positions, and 37 closing their positions.
64% more call options, than puts
Call options by funds: $4.63M | Put options by funds: $2.83M
0.32% more ownership
Funds ownership: 78.66% → 78.98% (+0.32%)
0% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 37
1% less funds holding
Funds holding: 407 → 401 (-6)
10% less capital invested
Capital invested by funds: $5.55B → $4.98B (-$572M)
11% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 149
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$115M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$38.7M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$35.2M |
| 4 |
Goldman Sachs
New York
|
+$26.7M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$74.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$49.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$41.5M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$30.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.3M |
PNW Hedge Fund Activity: Q2 2015 in Review
401 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q2 2015, worth a combined $4.98B — down 10% from $5.55B a quarter earlier.
Fund positioning in PNW was balanced in Q2 2015: 37 funds opened new positions, 37 closed out, 133 added to existing stakes and 149 trimmed.
The largest buyer was Millennium Management, adding an estimated $115M. The largest seller was JP Morgan Chase, cutting an estimated $74.9M.
- 401 institutional investors held Pinnacle West Capital (PNW) as of Q2 2015, down from 407 in Q1 2015.
- Funds reported $4.98B of Pinnacle West Capital stock for Q2 2015, down 10% quarter-over-quarter.
- 37 funds opened new Pinnacle West Capital positions in Q2 2015 and 37 closed out, a net change of 0 holders.
- The largest Pinnacle West Capital buyer in Q2 2015 was Millennium Management, an estimated $115M added.
- The largest Pinnacle West Capital seller in Q2 2015 was JP Morgan Chase, an estimated $74.9M sold.
Based on aggregated 13F filings for Q2 2015.