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Pinnacle West Capital

494 hedge funds and large institutions have $7.43B invested in Pinnacle West Capital in 2018 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 156 increasing their positions, 176 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more call options, than puts

Call options by funds: $4.23M | Put options by funds: $3.06M

0.6% more ownership

Funds ownership: 82.81%83.41% (+0.6%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 53

2% less funds holding

Funds holding: 502494 (-8)

6% less capital invested

Capital invested by funds: $7.87B → $7.43B (-$441M)

11% less repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 176

Holders
494
Holders Change
-8
Holders Change %
-1.59%
% of All Funds
11.32%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
53
Increased
156
Reduced
176
Closed
53
Calls
$4.23M
Puts
$3.06M
Net Calls
+$1.16M
Net Calls Change
-$319K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$957M +$50.3M +641,820 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$952M -$16.8M -214,703 -2%
State Street
3
State Street
Massachusetts
$461M -$3M -38,241 -0.7%
Boston Partners
4
Boston Partners
Massachusetts
$287M +$6.37M +81,153 +2%
American Century Companies
5
American Century Companies
Missouri
$217M +$3.53M +44,952 +2%
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$201M +$54.3M +692,367 +38%
Capital World Investors
7
Capital World Investors
California
$200M
Goldman Sachs
8
Goldman Sachs
New York
$159M -$43.3M -552,400 -22%
Millennium Management
9
Millennium Management
New York
$149M -$57.1M -727,537 -28%
WCM
10
Wedge Capital Management
North Carolina
$137M +$5.44M +69,285 +4%
Invesco
11
Invesco
Georgia
$130M +$8.97M +114,313 +8%
Franklin Resources
12
Franklin Resources
California
$124M -$23.6M -300,281 -16%
Northern Trust
13
Northern Trust
Illinois
$112M -$2.34M -29,884 -2%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$106M +$6.12M +77,965 +6%
AQR Capital Management
15
AQR Capital Management
Connecticut
$99.9M -$40.1M -510,735 -29%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$98.1M +$5.59M +71,230 +6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$96.3M -$1.62M -20,691 -2%
Renaissance Technologies
18
Renaissance Technologies
New York
$85.6M +$23.2M +295,800 +38%
Legal & General Group
19
Legal & General Group
United Kingdom
$84.1M +$5.85M +74,573 +8%
TCIM
20
TIAA CREF Investment Management
New York
$80.4M +$14.4M +183,067 +22%
DPIM
21
Duff & Phelps Investment Management
Illinois
$79.8M
Ameriprise
22
Ameriprise
Minnesota
$70.2M +$1.06M +13,523 +2%
Janus Henderson Group
23
Janus Henderson Group
United Kingdom
$69M -$23.7M -302,066 -26%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$64M +$28.9M +368,349 +85%
Jennison Associates
25
Jennison Associates
New York
$61.1M

PNW Hedge Fund Activity: Q1 2018 in Review

494 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q1 2018, worth a combined $7.43B — down 5.6% from $7.87B a quarter earlier.

Fund positioning in PNW was balanced in Q1 2018: 53 funds opened new positions, 53 closed out, 156 added to existing stakes and 176 trimmed.

The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $54.3M. The largest seller was Millennium Management, cutting an estimated $57.1M.

  • 494 institutional investors held Pinnacle West Capital (PNW) as of Q1 2018, down from 502 in Q4 2017.
  • Funds reported $7.43B of Pinnacle West Capital stock for Q1 2018, down 5.6% quarter-over-quarter.
  • 53 funds opened new Pinnacle West Capital positions in Q1 2018 and 53 closed out, a net change of 0 holders.
  • The largest Pinnacle West Capital buyer in Q1 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $54.3M added.
  • The largest Pinnacle West Capital seller in Q1 2018 was Millennium Management, an estimated $57.1M sold.

Based on aggregated 13F filings for Q1 2018.