Who owns Pinnacle West Capital (PNW)
Which tracked institutional funds hold PNW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PNW company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
177 tracked funds added or opened PNW while 94 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PNW’s largest tracked holder by dollar value, Capital Research Global Investors, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PNW divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 691 tracked filers holding PNW, 364 increased or opened the position and 289 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PNW between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 22
- Ovata Capital Management Ltd$44M
- HITE Hedge Asset Management LLC$27M
- TPG GP A, LLC$24M
- Arbejdsmarkedets Tillaegspension$23M
- VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.$9M
- Ilex Capital Partners (UK) LLP$8M
Full exits 40
- Treasurer of the State of North Carolina$35M
- Yaupon Capital Management LP$31M
- DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC$28M
- Thrivent Financial for Lutherans$27M
- HRT FINANCIAL LP$17M
- Amundi$16M
Largest adds
- BlackRock, Inc.$355M
- AMERICAN CENTURY COMPANIES INC$140M
- FMR LLC$116M
- BARCLAYS PLC$113M
- Capital Research Global Investors$109M
- Brookfield Corp /ON/$103M
Largest trims
- Assenagon Asset Management S.A.$81M
- NORGES BANK$68M
- BALYASNY ASSET MANAGEMENT L.P.$34M
- Squarepoint Ops LLC$29M
- Zimmer Partners, LP$27M
- Engineers Gate Manager LP$15M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Ovata Capital Management Ltd new | 37,000,000 | $44M | 0.3% | 2026-Q2 |
| TPG GP A, LLC new | 19,975,000 | $24M | 0.2% | 2026-Q2 |
| Capital Research Global Investors added | 16,494,147 | $1.8B | 13.4% | 2026-Q2 |
| BlackRock, Inc. added | 11,782,896 | $1.3B | 9.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 7,897,426 | $845M | 6.4% | 2026-Q2 |
| STATE STREET CORP added | 7,016,843 | $751M | 5.7% | 2026-Q2 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC trimmed | 6,575,681 | $704M | 5.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 5,986,758 | $641M | 4.9% | 2026-Q2 |
| ATLAS Infrastructure Partners (UK) Ltd. added | 5,332,226 | $571M | 4.3% | 2026-Q2 |
| Invesco Ltd. added | 4,173,460 | $447M | 3.4% | 2026-Q2 |
| Soroban Capital Partners LP added | 3,874,977 | $415M | 3.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,223,551 | $344M | 2.6% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 2,853,685 | $305M | 2.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 2,517,347 | $269M | 2.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,914,042 | $205M | 1.6% | 2026-Q2 |
| BARCLAYS PLC added | 1,760,271 | $188M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,602,618 | $171M | 1.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 1,456,941 | $156M | 1.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,444,702 | $155M | 1.2% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 1,410,457 | $151M | 1.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,372,876 | $147M | 1.1% | 2026-Q2 |
| Nuveen, LLC added | 1,343,084 | $144M | 1.1% | 2026-Q2 |
| NORGES BANK trimmed | 1,304,909 | $140M | 1.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,178,373 | $126M | 1.0% | 2026-Q2 |
| FMR LLC added | 1,158,402 | $124M | 0.9% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,097,929 | $117M | 0.9% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 1,087,534 | $116M | 0.9% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 1,020,983 | $109M | 0.8% | 2026-Q2 |
| Brookfield Corp /ON/ added | 961,821 | $103M | 0.8% | 2026-Q2 |
| NORTHERN TRUST CORP added | 957,114 | $102M | 0.8% | 2026-Q2 |
| UBS Group AG trimmed | 925,868 | $99M | 0.8% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 922,934 | $99M | 0.7% | 2026-Q2 |
| REAVES W H & CO INC trimmed | 913,786 | $98M | 0.7% | 2026-Q2 |
| Empower Advisory Group, LLC added | 901,686 | $96M | 0.7% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 881,636 | $94M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 766,289 | $82M | 0.6% | 2026-Q2 |
| CINCINNATI FINANCIAL CORP | 729,460 | $78M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 680,544 | $73M | 0.6% | 2026-Q2 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | 624,930 | $67M | 0.5% | 2026-Q2 |
| Quantinno Capital Management LP added | 624,833 | $67M | 0.5% | 2026-Q2 |
| Perpetual Ltd added | 608,698 | $65M | 0.5% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 606,558 | $65M | 0.5% | 2026-Q2 |
| Epoch Investment Partners, Inc. added | 588,370 | $63M | 0.5% | 2026-Q2 |
| Legal & General Group Plc added | 576,481 | $62M | 0.5% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 489,128 | $52M | 0.4% | 2026-Q2 |
| Gotham Asset Management, LLC trimmed | 474,615 | $51M | 0.4% | 2026-Q2 |
| Newport Trust Company, LLC trimmed | 451,802 | $48M | 0.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 439,357 | $47M | 0.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 435,000 | $47M | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 432,833 | $46M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 382,201 | $42M | 0.3% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 365,338 | $39M | 0.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 360,291 | $39M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 342,498 | $37M | 0.3% | 2026-Q2 |
| GABELLI FUNDS LLC added | 341,700 | $37M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 333,402 | $36M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 316,993 | $34M | 0.3% | 2026-Q2 |
| CINCINNATI INSURANCE CO | 296,838 | $32M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 291,694 | $31M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 265,831 | $28M | 0.2% | 2026-Q2 |
| HITE Hedge Asset Management LLC trimmed | 249,955 | $27M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 249,344 | $27M | 0.2% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 248,651 | $27M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 244,182 | $26M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 242,900 | $26M | 0.2% | 2026-Q2 |
| TORONTO DOMINION BANK added | 242,333 | $26M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 223,748 | $24M | 0.2% | 2026-Q2 |
| JENNISON ASSOCIATES LLC trimmed | 218,930 | $23M | 0.2% | 2026-Q2 |
| Zimmer Partners, LP trimmed | 217,555 | $23M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 216,426 | $23M | 0.2% | 2026-Q2 |
| AE Wealth Management LLC added | 216,403 | $23M | 0.2% | 2026-Q2 |
| Arbejdsmarkedets Tillaegspension new | 214,200 | $23M | 0.2% | 2026-Q2 |
| Creative Planning added | 207,789 | $22M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 205,782 | $22M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 201,227 | $22M | 0.2% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC added | 195,925 | $21M | 0.2% | 2026-Q2 |
| Midwest Trust Co trimmed | 195,495 | $21M | 0.2% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed | 192,809 | $21M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 182,495 | $20M | 0.1% | 2026-Q2 |
| Assenagon Asset Management S.A. trimmed | 182,222 | $19M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 181,617 | $19M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 175,710 | $19M | 0.1% | 2026-Q2 |
| MIZUHO MARKETS AMERICAS LLC added | 172,900 | $19M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 172,049 | $18M | 0.1% | 2026-Q2 |
| Bridgewater Associates, LP added | 169,107 | $18M | 0.1% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 167,754 | $18M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 163,033 | $17M | 0.1% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 162,840 | $17M | 0.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 154,985 | $17M | 0.1% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 154,515 | $17M | 0.1% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 150,690 | $16M | 0.1% | 2026-Q2 |
| LOOMIS SAYLES & CO L P added | 150,152 | $16M | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 149,733 | $16M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 139,992 | $15M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 134,896 | $14M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 134,678 | $14M | 0.1% | 2026-Q2 |
| Harvest Portfolios Group Inc. added | 131,382 | $14M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 128,921 | $14M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 127,999 | $14M | 0.1% | 2026-Q2 |
| Magellan Asset Management Ltd added | 127,654 | $14M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.