Pinnacle West Capital
422 hedge funds and large institutions have $5.76B invested in Pinnacle West Capital in 2015 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 144 increasing their positions, 134 reducing their positions, and 29 closing their positions.
205% more call options, than puts
Call options by funds: $5.92M | Put options by funds: $1.94M
93% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 29
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more funds holding
Funds holding: 400 → 422 (+22)
7% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 134
1% more capital invested
Capital invested by funds: $5.71B → $5.76B (+$43.1M)
0.13% more ownership
Funds ownership: 80.41% → 80.55% (+0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$165M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$55.4M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$50.8M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$24.6M |
| 5 |
Goldman Sachs
New York
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$138M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$50.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$38.4M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$28.5M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$26M |
PNW Hedge Fund Activity: Q4 2015 in Review
422 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q4 2015, worth a combined $5.76B — up 0.75% from $5.71B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new PNW positions and 29 closed out — a net gain of 27 holders — while 144 added to existing stakes and 134 trimmed.
The largest buyer was Millennium Management, adding an estimated $165M. The largest seller was Bank of New York Mellon, cutting an estimated $138M.
- 422 institutional investors held Pinnacle West Capital (PNW) as of Q4 2015, up from 400 in Q3 2015.
- Funds reported $5.76B of Pinnacle West Capital stock for Q4 2015, up 0.75% quarter-over-quarter.
- 56 funds opened new Pinnacle West Capital positions in Q4 2015 and 29 closed out, a net change of +27 holders.
- The largest Pinnacle West Capital buyer in Q4 2015 was Millennium Management, an estimated $165M added.
- The largest Pinnacle West Capital seller in Q4 2015 was Bank of New York Mellon, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2015.