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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 56 funds opening new positions, 166 increasing their positions, 164 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

460% more call options, than puts

Call options by funds: $6.79M | Put options by funds: $1.21M

100% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 28

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

9% more capital invested

Capital invested by funds: $7.24B → $7.86B (+$617M)

4% more funds holding

Funds holding: 453473 (+20)

1.36% more ownership

Funds ownership: 83.4%84.76% (+1.4%)

1% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 164

Holders
473
Holders Change
+20
Holders Change %
+4.42%
% of All Funds
11.77%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
56
Increased
166
Reduced
164
Closed
28
Calls
$6.79M
Puts
$1.21M
Net Calls
+$5.58M
Net Calls Change
+$2.95M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$940M +$31.9M +398,486 +4%
BlackRock
2
BlackRock
New York
$900M +$839M +10,498,905 +3,579%
State Street
3
State Street
Massachusetts
$503M -$4.96M -62,040 -1%
AQR Capital Management
4
AQR Capital Management
Connecticut
$271M -$31.5M -393,654 -11%
Millennium Management
5
Millennium Management
New York
$255M -$42.4M -530,703 -15%
Capital World Investors
6
Capital World Investors
California
$229M
JP Morgan Chase
7
JP Morgan Chase
New York
$220M +$23.7M +297,131 +13%
Goldman Sachs
8
Goldman Sachs
New York
$220M -$23.5M -294,259 -10%
Franklin Resources
9
Franklin Resources
California
$163M +$137K +1,709 +0.1%
Barrow, Hanley, Mewhinney & Strauss
10
Barrow, Hanley, Mewhinney & Strauss
Texas
$158M -$1.5M -18,732 -1%
WCM
11
Wedge Capital Management
North Carolina
$146M -$4.21M -52,624 -3%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$115M +$9.32M +116,645 +9%
Invesco
13
Invesco
Georgia
$114M -$2.17M -27,124 -2%
Northern Trust
14
Northern Trust
Illinois
$109M +$6.14M +76,837 +6%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$100M +$2.27M +28,436 +2%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$95.2M +$7.92M +99,088 +9%
APG Asset Management
17
APG Asset Management
Netherlands
$88.1M -$1.64M -20,508 -2%
American Century Companies
18
American Century Companies
Missouri
$87.2M +$74.1M +926,522 +779%
Ameriprise
19
Ameriprise
Minnesota
$86.9M -$2.91M -36,425 -3%
PAM
20
Panagora Asset Management
Massachusetts
$84.4M +$3.15M +39,425 +4%
LC
21
LNZ Capital
New York
$84.3M -$27.4M -342,964 -25%
DPIM
22
Duff & Phelps Investment Management
Illinois
$83.4M
Norges Bank
23
Norges Bank
Norway
$82.5M -$5.64M -70,543 -7%
Massachusetts Financial Services
24
Massachusetts Financial Services
Massachusetts
$81.4M +$1.47M +18,341 +2%
Bank of America
25
Bank of America
North Carolina
$81.3M +$3.42M +42,817 +5%

PNW Hedge Fund Activity: Q1 2017 in Review

473 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2017, worth a combined $7.86B — up 8.5% from $7.24B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new PNW positions and 28 closed out — a net gain of 28 holders — while 166 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 453 in Q4 2016.
  • Funds reported $7.86B of Pinnacle West Capital stock for Q1 2017, up 8.5% quarter-over-quarter.
  • 56 funds opened new Pinnacle West Capital positions in Q1 2017 and 28 closed out, a net change of +28 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.