Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pinnacle West Cap Corp (PNW)

711 + Investors. Track Smart Money conviction in PNW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
3Q ▲
Buyers last Q
59%

Smart Money Signals — PNW

Based on 723 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added PNW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
723 hedge funds hold PNW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +17% more funds vs a year ago

fund count last 6Q
+103 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

383 buying266 selling
Last quarter: 383 funds bought or added vs 266 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 67 → 102 → 103 → 88. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 18% new
447 out of 723 hedge funds have held PNW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

84 → 67 → 102 → 103 → 88 new funds/Q
New funds entering each quarter: 67 → 102 → 103 → 88. A growing number of institutions are discovering PNW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 67% veterans vs 23% newcomers

■ 67% veterans ■ 10% 1-2yr ■ 23% new
Entry-cohort mix of 732 holders: 490 (67%) are 2+ year veterans, 76 entered 1–2 years ago, and 166 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
64 of 721 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PNW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PNW

In 2026 Q2, 383 hedge funds were net buyers of PNW (88 opened a new position, 295 added to an existing one), while 266 reduced or exited (199 trimmed, 67 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 58% of total institutional value in PNW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +21 funds (more new holders than closures). Total institutional holders: 723.

Hedge Fund Ownership: PNW

How many hedge funds hold PNW — quarterly history vs. share price
Quarterly hedge fund ownership of PNW vs. share price

Market Analysis: PNW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PNW

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

31 top-rated funds 3 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: PNW
711 + Investors

Track Smart Money conviction in PNW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 711 702 1.28%
13F Shares 132M 128M 2.93%
Total Value $13.90B $12.70B 9.4%
New Positions 84 103 -19
Increased Positions 290 257 +33
Closed Positions 73 56 +17
Reduced Positions 194 195 -1
Total Calls 6 6 -
Total Puts 4 6 -33.33%
PUT/CALL Ratio 0.67 1.0 Bullish

Statistics: PNW

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Institutional Holders (2026 Q2)

711 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PNW. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PNW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ATLAS Infrastructure Partners (UK) Ltd. 17.30% 5,332,226 $570.5M
2 Skba Capital Management LLC 2.14% 120,930 $12.9M
3 Barrow Hanley Mewhinney & Strauss LLC 2.13% 6,575,681 $703.6M
4 CSU Producer Resources, Inc. 1.97% 5,602 $599K
5 Butensky & Cohen Financial Security, Inc 1.62% 61,086 $6.5M
6 Cincinnati Financial Corp 1.49% 729,460 $78.1M
7 Reaves W H & Co Inc 1.48% 913,786 $97.8M
8 HITE Hedge Asset Management LLC 1.46% 249,955 $26.7M
9 Perpetual Ltd 0.93% 608,698 $65.1M
10 Riverwater Partners LLC 0.89% 28,099 $3.0M
11 Soroban Capital Partners LP 0.87% 3,874,977 $414.6M
12 Cincinnati Casualty Co 0.85% 14,958 $1.6M
13 Teza Capital Management LLC 0.80% 3,867 $414K
14 Duff & Phelps Investment Management Co 0.63% 624,930 $66.9M
15 Fortem Financial Group, LLC 0.62% 28,593 $3.1M
16 Baker Ellis Asset Management LLC 0.56% 50,144 $5.4M
17 American Assets Investment Management, LLC 0.54% 83,000 $8.9M
18 Zimmer Partners, LP 0.54% 217,555 $23.3M
19 Kuhn & Co Investment Counsel 0.53% 8,596 $920K
20 Arbejdsmarkedets Tillaegspension 0.50% 214,200 $22.9M
21 Excalibur Management Corp 0.50% 14,066 $1.5M
22 Cincinnati Insurance Co 0.46% 296,838 $31.8M
23 Aventail Capital Group, LP 0.44% 71,931 $7.7M
24 Keystone Financial Planning, Inc. 0.38% 13,957 $1.5M
25 nVerses Capital, LLC 0.37% 2,274 $243K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pinnacle West Cap Corp (PNW)

What does the Smart Money Trend signal show for PNW?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added PNW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PNW?

Slight buying edge — 59% buying: Last quarter: 383 funds bought or added vs 266 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PNW holders?

Elite ownership — 58% AUM from top-100 funds: 64 of 721 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PNW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PNW?

62% of holders stayed for 2+ years: 447 out of 723 hedge funds have held PNW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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