Pinnacle West Capital
442 hedge funds and large institutions have $6.98B invested in Pinnacle West Capital in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 157 increasing their positions, 163 reducing their positions, and 33 closing their positions.
56% more call options, than puts
Call options by funds: $4.23M | Put options by funds: $2.71M
0.49% less ownership
Funds ownership: 83.81% → 83.32% (-0.49%)
4% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 163
2% less funds holding
Funds holding: 450 → 442 (-8)
7% less capital invested
Capital invested by funds: $7.54B → $6.98B (-$561M)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
LNZ Capital
New York
|
+$37M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$27.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$26.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$20.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$66.2M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$24.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.3M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$17.9M |
| 5 |
Renaissance Technologies
New York
|
-$13M |
PNW Hedge Fund Activity: Q3 2016 in Review
442 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q3 2016, worth a combined $6.98B — down 7.4% from $7.54B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PNW and 27 opened new positions — a net loss of 6 holders — while 163 trimmed existing stakes and 157 added.
The largest buyer was LNZ Capital, adding an estimated $37M. The largest seller was Capital World Investors, cutting an estimated $66.2M.
- 442 institutional investors held Pinnacle West Capital (PNW) as of Q3 2016, down from 450 in Q2 2016.
- Funds reported $6.98B of Pinnacle West Capital stock for Q3 2016, down 7.4% quarter-over-quarter.
- 27 funds opened new Pinnacle West Capital positions in Q3 2016 and 33 closed out, a net change of -6 holders.
- The largest Pinnacle West Capital buyer in Q3 2016 was LNZ Capital, an estimated $37M added.
- The largest Pinnacle West Capital seller in Q3 2016 was Capital World Investors, an estimated $66.2M sold.
Based on aggregated 13F filings for Q3 2016.