Pinnacle West Capital
490 hedge funds and large institutions have $7.47B invested in Pinnacle West Capital in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 160 increasing their positions, 186 reducing their positions, and 45 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
16% more call options, than puts
Call options by funds: $3.98M | Put options by funds: $3.45M
1% more capital invested
Capital invested by funds: $7.43B → $7.47B (+$41.4M)
0.3% less ownership
Funds ownership: 83.41% → 83.11% (-0.3%)
1% less funds holding
Funds holding: 494 → 490 (-4)
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
14% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 186
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$128M |
| 2 |
Millennium Management
New York
|
+$49.7M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$41M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$35.2M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$137M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$54.2M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$32.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$31.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$27.3M |
PNW Hedge Fund Activity: Q2 2018 in Review
490 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Pinnacle West Capital (PNW) for Q2 2018, worth a combined $7.47B — up 0.56% from $7.43B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PNW and 44 opened new positions — a net loss of 1 holder — while 186 trimmed existing stakes and 160 added.
The largest buyer was BlackRock, adding an estimated $128M. The largest seller was Wedge Capital Management, exiting entirely with an estimated $137M sold.
- 490 institutional investors held Pinnacle West Capital (PNW) as of Q2 2018, down from 494 in Q1 2018.
- Funds reported $7.47B of Pinnacle West Capital stock for Q2 2018, up 0.56% quarter-over-quarter.
- 44 funds opened new Pinnacle West Capital positions in Q2 2018 and 45 closed out, a net change of -1 holder.
- The largest Pinnacle West Capital buyer in Q2 2018 was BlackRock, an estimated $128M added.
- The largest Pinnacle West Capital seller in Q2 2018 was Wedge Capital Management, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2018.