PG&E

PCG • NYSE

PG&E is a regulated electric company in the utilities sector on NYSE, led by William L. Smith, with a market cap of $33.3B. As of Q3 2025, 95% of shares are held by 802 institutional investors, with VANGUARD GROUP INC as the largest holder at 11.9%.

William L. Smith

Market Cap$33.3B

Regulated Electric

Utilities

Employees28.0K

Websitepgecorp.com

Country

United States of America

Overview

Overview of institutional ownership in PCG as of Q3 2025 with a market cap of $33.1B

All Institutions

Institutions: 802
Value Held: $31.4B
Shares Held: 2.08B
Avg Position: $39.2M
Median Position: $720.3K

Hedge Funds

Hedge Funds: 86
Value Held: $3.9B
Shares Held: 256.0M
Avg Position: $44.9M
Median Position: $4.4M

Ownership Breakdown

Institutional (non-HF)

83.21%

$27.6B

Hedge Funds

11.65%

$3.9B

Retail & Other

5.15%

$1.7B

Based on market cap of $33.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PCG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.9B 0.06% of portfolio	11.90% 261.5M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$3.0B 0.05% of portfolio	9.02% 198.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$1.9B 0.58% of portfolio	5.62% 123.4M shares	Q2 2020 Held for 5y 5m	$322.72B
FMR LLC Institution	-	$1.9B 0.10% of portfolio	5.61% 123.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.8B 0.06% of portfolio	5.38% 118.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$1.0B 0.20% of portfolio	3.14% 68.9M shares	Q2 2020 Held for 5y 5m	$532.36B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$936.2M 0.06% of portfolio	2.78% 61.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
Third Point LLC Hedge Fund•Multi-Strategy	Daniel Seth Loeb CEO	$755.5M 9.16% of portfolio	2.28% 50.1M shares	Q3 2020 Held for 5y 2m	$8.2B
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$702.6M 0.45% of portfolio	2.12% 46.6M shares	Q4 2020 Held for 4y 11m	$156.17B
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	Kevin G. Burke CEO	$604.4M 0.20% of portfolio	1.82% 40.1M shares	≤ Q2 2013 Held for 12y 5m+	$298.06B

Net Capital Flow

Institutional buying and selling activity for PCG in Q3 2025

Traded: +$403.8M
Buyers: 461
Sellers: 329
Total Bought: +$2.9B
Total Sold: −$2.5B
Avg Position: $35.8M

Biggest Buyers

Institution	Net Bought	Current Position
Capital Research Global Investors RIA/Wealth	+$476.7M +31.6M shares	$1.0B 68.9M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$330.4M +21.9M shares	$702.6M 46.6M shares
B BlueCrest Capital Management Ltd Institution	+$148.8M +9.9M shares	$148.8M 9.9M shares
BARROW HANLEY MEWHINNEY & STRAUSS LLC Long Only Manager	+$140.3M +9.3M shares	$140.3M 9.3M shares
R Rokos Capital Management LLP Hedge Fund•Global Macro	+$102.9M +6.8M shares	$102.9M 6.8M shares
D DME Capital Management, LP Hedge Fund•Long/Short	+$96.2M +6.4M shares	$96.2M 6.4M shares
H HSBC HOLDINGS PLC Institution	+$81.2M +5.4M shares	$201.9M 13.4M shares
GOLDMAN SACHS GROUP INC Institution	+$73.8M +4.9M shares	$172.4M 11.4M shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	+$67.3M +4.5M shares	$78.5M 5.2M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$57.1M +3.8M shares	$102.3M 6.8M shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$361.3M −24.0M shares	$510.1M 33.8M shares
C Capital International Investors Institution	−$194.3M −12.9M shares	$536.0M 35.5M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$187.0M −12.4M shares	$105.5M 7.0M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$150.1M −10.0M shares	$79.9M 5.3M shares
B BlackRock, Inc. Institution	−$117.9M −7.8M shares	$3.0B 198.3M shares
FMR LLC Institution	−$90.6M −6.0M shares	$1.9B 123.3M shares
Q Qube Research & Technologies Ltd Institution	−$74.7M −5.0M shares	$15.7M 1.0M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$64.6M −4.3M shares	$8.8M 586.2K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$59.1M −3.9M shares	$187.3M 12.4M shares
UBS Group AG Institution	−$58.3M −3.9M shares	$85.0M 5.6M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PCG in Q3 2025

New Positions: 67
New Value: $269.3M
Exited Positions: 75
Exited Value: $215.4M

New Positions

Institution	Position Value
BARROW HANLEY MEWHINNEY & STRAUSS LLC Long Only Manager	$140.3M 9.3M shares
D DME Capital Management, LP Hedge Fund•Long/Short	$96.2M 6.4M shares
F Fund 1 Investments, LLC Institution	$8.1M 539.0K shares
S Shay Capital LLC Institution	$7.1M 471.2K shares
Morningstar Investment Management LLC Long Only Manager	$4.0M 264.3K shares
Caerus Investment Advisors, LLC Venture Capital	$1.2M 80.9K shares
Diversified Trust Co RIA/Wealth	$1.2M 78.2K shares
Board of the Pension Protection Fund RIA/Wealth	$953.1K 63.2K shares
SYON CAPITAL LLC RIA/Wealth	$772.6K 51.2K shares
waypoint wealth counsel RIA/Wealth	$708.6K 47.0K shares

Exited Positions

Institution	Previous Position
R Rubric Capital Management LP Hedge Fund•Long/Short	$50.2M 3.6M shares
CAUSEWAY CAPITAL MANAGEMENT LLC Long Only Manager	$38.2M 2.7M shares
H HRT FINANCIAL LLC Institution	$25.1M 1.8M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$21.7M 1.6M shares
N Nearwater Capital Markets, Ltd Institution	$13.9M 1.0M shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$10.0M 715.9K shares
Quantbot Technologies LLC Hedge Fund•Quant	$9.2M 659.1K shares
A AXA Institution	$5.3M 382.8K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$3.6M 260.2K shares
Arrow Capital Pty Ltd Hedge Fund•Market Neutral	$3.5M 164.9K shares

Options Activity

Institutions with the largest Call and Put options positions in PCG as of Q3 2025

Call Positions: 50
Call Value: $1.4B
Put Positions: 34
Put Value: $489.2M

Call Positions

Institution	Position Value
PointState Capital LP Hedge Fund•Multi-Strategy	$226.2M 150.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$223.5M 148.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$197.6M 131.0K contracts
Z Zimmer Partners, LP Hedge Fund•Long/Short	$158.3M 105.0K contracts
N NOMURA HOLDINGS INC Institution	$128.2M 85.0K contracts
J JANE STREET GROUP, LLC Institution	$65.8M 43.7K contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$65.7M 43.6K contracts
B BW Gestao de Investimentos Ltda. Institution	$42.2M 28.0K contracts
Caption Management, LLC Hedge Fund•Long/Short	$36.7M 24.3K contracts
CITIGROUP INC Institution	$36.4M 24.1K contracts

Put Positions

Institution	Position Value
N NOMURA HOLDINGS INC Institution	$115.7M 76.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$72.8M 48.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$65.8M 43.6K contracts
J JANE STREET GROUP, LLC Institution	$47.2M 31.3K contracts
P Portman Square Capital LLP Hedge Fund•Vol Arbitrage	$33.1M 22.0K contracts
WELLS FARGO & COMPANY/MN Institution	$32.7M 21.7K contracts
CITIGROUP INC Institution	$18.1M 12.0K contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$12.7M 8.4K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$8.8M 58.3 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$8.3M 5.5K contracts

Most Committed Institutions

Institutions with PCG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
E ECP ControlCo, LLC Institution	-	67.38% $107.4M	0.32% 7.1M shares	Q1 2021 Held for 4y 8m	$159.5M
C Covalis Ltd Institution	-	61.70% $19.1M	0.06% 1.3M shares	Q2 2025 Held for 5 months	$30.9M
S Sixth Street Partners Management Company, L.P. Institution	-	19.18% $223.3M	0.67% 14.8M shares	Q1 2020 Held for 5y 8m	$1.2B
CADEN CAPITAL PARTNERS, LP Hedge Fund•Long/Short	Barry Jason Simon Managing Partner	16.58% $40.0M	0.12% 2.7M shares	Q4 2023 Held for 1y 11m	$241.2M
C Covalis Capital LLP Institution	-	15.36% $131.6M	0.40% 8.7M shares	Q2 2022 Held for 3y 5m	$856.8M
B BlueCrest Capital Management Ltd Institution	-	11.58% $148.8M	0.45% 9.9M shares	Q3 2025 Held for 2 months	$1.3B
Gallagher Fiduciary Advisors, LLC Pension/Endowment	Richard Carl Cary President	11.12% $302.4M	0.91% 20.1M shares	Q1 2025 Held for 8 months	$2.7B
O Owl Creek Asset Management, L.P. Hedge Fund•Multi-Strategy	Jeffrey Alan Altman Managing Partner	10.45% $92.1M	0.28% 6.1M shares	Q1 2019 Held for 6y 8m	$880.7M
Sessa Capital IM, L.P. Hedge Fund•Long/Short	Jae Hong President	9.43% $370.6M	1.12% 24.6M shares	Q1 2025 Held for 8 months	$3.9B
Third Point LLC Hedge Fund•Multi-Strategy	Daniel Seth Loeb CEO	9.16% $755.5M	2.28% 50.1M shares	Q3 2020 Held for 5y 2m	$8.2B

Hedge Fund Spotlight

Discover hedge funds investing in PCG

Campbell & CO Investment Adviser LLC

Hedge Fund • Quant Macro

Portfolio ManagerKevin Dwayne Cole

Portfolio Value: $1.3B
Positions: 1,051
Last Reported: Q3 2025

Sector Allocation

Position in PG&E

Market Value: $1.3M
Shares Held: 86.2K
Portfolio Weight: 0.10%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Wheaton Precious Metals WPM	Gold Basic Materials	$11.4M	0.86%
2 RIO Rio Tinto RIO	Unknown Unknown	$9.5M	0.72%
3 Sprouts Farmers Market SFM	Grocery Stores Consumer Defensive	$9.3M	0.71%

View full profile

PG&E

Overview

All Institutions

Hedge Funds

Ownership Breakdown

Biggest Investors

Net Capital Flow

Biggest Buyers

Biggest Sellers

Entry and Exit Activity

New Positions

Exited Positions

Options Activity

Call Positions

Put Positions

Most Committed Institutions

Hedge Fund Spotlight

Position in PG&E

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