Pinnacle West Capital
473 hedge funds and large institutions have $7.86B invested in Pinnacle West Capital in 2017 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 165 increasing their positions, 164 reducing their positions, and 28 closing their positions.
460% more call options, than puts
Call options by funds: $6.79M | Put options by funds: $1.21M
104% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 28
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more capital invested
Capital invested by funds: $7.24B → $7.86B (+$621M)
5% more funds holding
Funds holding: 452 → 473 (+21)
1.36% more ownership
Funds ownership: 83.4% → 84.76% (+1.4%)
1% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$839M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$74.1M |
| 3 |
BAPIM
British Airways Pensions Investment Management
London,
United Kingdom
|
+$32.6M |
| 4 |
Jennison Associates
New York
|
+$32.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$32.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$42.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$31.5M |
| 3 |
LC
LNZ Capital
New York
|
-$27.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$23.5M |
| 5 |
Goldman Sachs
New York
|
-$23.5M |
PNW Hedge Fund Activity: Q1 2017 in Review
473 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2017, worth a combined $7.86B — up 8.6% from $7.24B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PNW positions and 28 closed out — a net gain of 29 holders — while 165 added to existing stakes and 164 trimmed.
The largest buyer was BlackRock, adding an estimated $839M. The largest seller was Millennium Management, cutting an estimated $42.4M.
- 473 institutional investors held Pinnacle West Capital (PNW) as of Q1 2017, up from 452 in Q4 2016.
- Funds reported $7.86B of Pinnacle West Capital stock for Q1 2017, up 8.6% quarter-over-quarter.
- 57 funds opened new Pinnacle West Capital positions in Q1 2017 and 28 closed out, a net change of +29 holders.
- The largest Pinnacle West Capital buyer in Q1 2017 was BlackRock, an estimated $839M added.
- The largest Pinnacle West Capital seller in Q1 2017 was Millennium Management, an estimated $42.4M sold.
Based on aggregated 13F filings for Q1 2017.