PG&E CORP (PCG) — Hedge Fund Ownership Q4 2025
PCG
- PG&E CORP (PCG) is held by 3 of 82 tracked hedge funds, with Third Point (8%) and DME Capital Management / Greenlight Capital (4%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in PCG holdings came from DME Capital Management / Greenlight Capital (+22%) and First Pacific Advisors (+2%), highlighting conviction.
- The biggest decreases in PCG holdings came from Third Point (-32%), suggesting profit-taking or de-risking.
- 1 hedge fund exited PCG.
- Overall, hedge funds decreased exposure to PG&E CORP (PCG) by -27% vs the prior quarter and -29% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Third Point
|
7.58% | 34.3M | -31.54% | -29.28% | $551.2M | $16.07 | — |
| 2 |
DME Capital Management / Greenlight Capital
|
4.39% | 7.8M | +21.99% | — | $125.1M | $16.07 | — |
| 3 |
First Pacific Advisors Steven Romick
|
0.24% | 1.1M | +1.87% | +5.71% | $18.4M | $16.07 | — |
| — |
Duquesne Family Office
|
— | — | EXITED | — | — | — | — |
| 3 | Total | — | 43.2M | -27.05% | -28.52% | $694.6M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.