Pinnacle West Capital
436 hedge funds and large institutions have $6.85B invested in Pinnacle West Capital in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 171 increasing their positions, 148 reducing their positions, and 33 closing their positions.
155% more call options, than puts
Call options by funds: $9.05M | Put options by funds: $3.55M
55% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 33
19% more capital invested
Capital invested by funds: $5.76B → $6.85B (+$1.1B)
16% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 148
3% more funds holding
Funds holding: 422 → 436 (+14)
1.79% more ownership
Funds ownership: 80.55% → 82.34% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$87.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$47.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$46.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$33.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$204M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$52.6M |
| 3 |
Morgan Stanley
New York
|
-$23.2M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$17M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17M |
PNW Hedge Fund Activity: Q1 2016 in Review
436 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2016, worth a combined $6.85B — up 19% from $5.76B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PNW positions and 33 closed out — a net gain of 18 holders — while 171 added to existing stakes and 148 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $87.8M. The largest seller was Franklin Resources, cutting an estimated $204M.
- 436 institutional investors held Pinnacle West Capital (PNW) as of Q1 2016, up from 422 in Q4 2015.
- Funds reported $6.85B of Pinnacle West Capital stock for Q1 2016, up 19% quarter-over-quarter.
- 51 funds opened new Pinnacle West Capital positions in Q1 2016 and 33 closed out, a net change of +18 holders.
- The largest Pinnacle West Capital buyer in Q1 2016 was Goldman Sachs, an estimated $87.8M added.
- The largest Pinnacle West Capital seller in Q1 2016 was Franklin Resources, an estimated $204M sold.
Based on aggregated 13F filings for Q1 2016.