Skip to main content

Pinnacle West Capital Corp

PNW
Exchange
NYSE
Industry
Electric Services
SEC CIK
0000764622

In the last 90 days, Pinnacle West Capital Corp insiders filed 0 open-market purchases and 2 sales; 732 institutions reported holding it in 13F filings for Q2 2026, worth $14.1B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Pinnacle West Capital Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
660
+47 vs. Q3 2025
Shares held
121.0M
+5.33M (+4.6%) vs. Q3 2025
Total value
$10.7B
+$360.6M (+3.5%) vs. Q3 2025
New holders
94
252 more added
Sold out
47
188 more reduced

12 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PNW on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 660 institutions
Q1 2021: 500 institutionsQ2 2021: 506 institutionsQ3 2021: 512 institutionsQ4 2021: 499 institutionsQ1 2022: 482 institutionsQ2 2022: 494 institutionsQ3 2022: 480 institutionsQ4 2022: 540 institutionsQ1 2023: 525 institutionsQ2 2023: 526 institutionsQ3 2023: 523 institutionsQ4 2023: 552 institutionsQ1 2024: 525 institutionsQ2 2024: 544 institutionsQ3 2024: 580 institutionsQ4 2024: 617 institutionsQ1 2025: 616 institutionsQ2 2025: 631 institutionsQ3 2025: 625 institutionsQ4 2025: 660 institutionsQ1 2026: 709 institutionsQ2 2026: 732 institutions
Value heldQ4 2025: $10.7B
Q1 2021: $7.80BQ2 2021: $8.04BQ3 2021: $6.92BQ4 2021: $6.56BQ1 2022: $7.48BQ2 2022: $7.15BQ3 2022: $6.31BQ4 2022: $7.37BQ1 2023: $7.76BQ2 2023: $7.99BQ3 2023: $7.22BQ4 2023: $7.01BQ1 2024: $8.40BQ2 2024: $8.70BQ3 2024: $10.1BQ4 2024: $9.57BQ1 2025: $10.9BQ2 2025: $10.5BQ3 2025: $10.4BQ4 2025: $10.7BQ1 2026: $12.6BQ2 2026: $14.1B
Institutions holding PNW and their total value by quarter
QuarterHoldersValue
Q2 2026732$14.1B
Q1 2026709$12.6B
Q4 2025660$10.7B
Q3 2025625$10.4B
Q2 2025631$10.5B
Q1 2025616$10.9B
Q4 2024617$9.57B
Q3 2024580$10.1B
Q2 2024544$8.70B
Q1 2024525$8.40B
Q4 2023552$7.01B
Q3 2023523$7.22B
Q2 2023526$7.99B
Q1 2023525$7.76B
Q4 2022540$7.37B
Q3 2022480$6.31B
Q2 2022494$7.15B
Q1 2022482$7.48B
Q4 2021499$6.56B
Q3 2021512$6.92B
Q2 2021506$8.04B
Q1 2021500$7.80B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Pinnacle West Capital Corp; share changes are against Q3 2025.

Institutions holding PNW in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc14,661,160$1.30B0.02%−11,255−0.1%Reduced
Capital Research Global Investors13,466,845$1.19B0.22%−2,386,457−15.1%Reduced
BlackRock, Inc.11,801,546$1.05B0.02%+934,593+8.6%Added
State Street Corp6,940,809$615.6M0.02%+251,716+3.8%Added
Barrow Hanley Mewhinney & Strauss LLC6,684,100$592.9M1.97%−539,625−7.5%Reduced
ATLAS Infrastructure Partners (UK) Ltd.4,461,243$395.7M19.84%+1,369,350+44.3%Added
Invesco Ltd.4,249,267$376.9M0.04%+74,023+1.8%Added
Geode Capital Management, LLC3,095,691$274.1M0.02%+27,861+0.9%Added
Soroban Capital Partners LP2,877,404$258.0M1.89%+2,877,404New
Massachusetts Financial Services Co2,900,385$257.3M0.08%−83,241−2.8%Reduced
Morgan Stanley1,887,965$167.5M0.01%−47,896−2.5%Reduced
Reaves W H & Co Inc1,719,774$152.5M2.67%−84,340−4.7%Reduced
Two Sigma Advisers, LP1,658,191$147.1M0.29%+612,391+58.6%Added
Norges Bank1,583,634$140.5M0.02%+1,583,634New
Pictet Asset Management Holding SA1,516,460$134.5M0.13%−150,029−9.0%Reduced
First Trust Advisors LP1,371,150$121.6M0.09%+63,729+4.9%Added
Dimensional Fund Advisors LP1,318,711$117.0M0.02%+53,060+4.2%Added
Two Sigma Investments, LP1,309,421$116.1M0.17%+223,124+20.5%Added
Charles Schwab Investment Management Inc1,117,500$99.1M0.02%+10,625+1.0%Added
Squarepoint Ops LLC1,106,609$98.2M0.20%+388,325+54.1%Added
Franklin Resources Inc1,075,941$95.4M0.02%+144,194+15.5%Added
Bank of New York Mellon Corp968,416$85.9M0.02%−77,884−7.4%Reduced
Northern Trust Corp920,956$81.7M0.01%−48,202−5.0%Reduced
Assenagon Asset Management S.A.920,687$81.7M0.12%+526,212+133.4%Added
Empower Advisory Group, LLC862,517$76.5M0.21%+990.0%Added
Bank of America Corp848,960$75.3M0.01%−200,018−19.1%Reduced
Nuveen, LLC823,499$73.0M0.02%−1,021−0.1%Reduced
Barclays PLC768,045$68.1M0.03%+7,672+1.0%Added
Balyasny Asset Management LLC766,721$68.0M0.13%+766,721New
Cincinnati Financial Corp729,460$64.7M1.26%00.0%Unchanged
Point72 Asset Management, L.P.698,394$61.9M0.10%+81,972+13.3%Added
Goldman Sachs Group Inc669,389$59.4M0.01%+88,996+15.3%Added
Wellington Management Group LLP646,891$57.4M0.01%+646,891New
HSBC Holdings PLC645,487$57.3M0.03%+214,907+49.9%Added
Duff & Phelps Investment Management Co624,930$55.4M0.63%00.0%Unchanged
Legal & General Group Plc602,839$53.5M0.01%−71,214−10.6%Reduced
Qube Research & Technologies Ltd598,297$53.1M0.08%+301,334+101.5%Added
Yaupon Capital Management LP511,553$45.4M2.23%+27,904+5.8%Added
Epoch Investment Partners, Inc.505,252$44.8M0.25%+19,560+4.0%Added
Gotham Asset Management, LLC504,112$44.7M0.16%+136,162+37.0%Added
Perpetual Ltd499,007$44.3M0.64%+5,902+1.2%Added
Citadel Advisors LLC482,243$42.8M0.03%+239,066+98.3%Added
Newport Trust Co471,080$41.8M0.10%−14,600−3.0%Reduced
Deutsche Bank AG431,960$38.3M0.01%−2,197,411−83.6%Reduced
UBS Group AG424,386$37.6M0.01%−16,996−3.9%Reduced
Renaissance Technologies LLC413,400$36.7M0.06%+206,600+99.9%Added
Voloridge Investment Management, LLC400,683$35.5M0.12%+11,646+3.0%Added
AQR Capital Management LLC377,541$33.5M0.02%+44,266+13.3%Added
Victory Capital Management Inc356,525$31.6M0.02%−92,131−20.5%Reduced
HRT Financial LP346,331$30.7M0.10%+77,745+28.9%Added
Gabelli Funds LLC333,600$29.6M0.20%+1,500+0.5%Added
California Public Employees Retirement System317,076$28.1M0.02%−63,316−16.6%Reduced
Treasurer of the State of North Carolina316,246$28.1M0.09%−66,013−17.3%Reduced
Cincinnati Insurance Co296,838$26.3M0.40%00.0%Unchanged
Quantinno Capital Management LP286,092$25.4M0.05%+111,693+64.0%Added
JPMorgan Chase & Co278,766$24.7M0.00%−116,879−29.5%Reduced
Deroy & Devereaux Private Investment Counsel Inc277,946$24.7M1.20%+96,236+53.0%Added
UBS Asset Management Americas Inc277,709$24.6M0.01%−38,352−12.1%Reduced
Manufacturers Life Insurance Company, The241,928$21.5M0.02%+641+0.3%Added
Millennium Management LLC235,629$20.9M0.02%−119,685−33.7%Reduced
Swiss National Bank235,500$20.9M0.01%+4,000+1.7%Added
Bank of Montreal235,404$20.9M0.01%+15,816+7.2%Added
Jennison Associates LLC230,932$20.5M0.01%−121,073−34.4%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys223,904$19.9M0.10%−838−0.4%Reduced
Ameriprise Financial Inc222,894$19.8M0.00%−484−0.2%Reduced
BNP Paribas Arbitrage, SA222,040$19.7M0.01%+98,650+79.9%Added
Rhumbline Advisers218,553$19.4M0.02%−4,032−1.8%Reduced
Royal Bank of Canada211,551$18.8M0.00%−14,762−6.5%Reduced
Trexquant Investment LP211,527$18.8M0.17%+72,874+52.6%Added
Midwest Trust Co197,206$17.5M0.22%−3,877−1.9%Reduced
Amundi193,227$17.1M0.00%+15,521+8.7%Added
Cerity Partners LLC186,639$16.6M0.02%+92,352+97.9%Added
Capital World Investors175,506$15.6M0.00%+175,506New
Bridgewater Associates, LP174,043$15.4M0.06%+67,752+63.7%Added
Envestnet Asset Management Inc172,718$15.3M0.00%−29,641−14.6%Reduced
State of Wisconsin Investment Board171,063$15.2M0.03%+48,603+39.7%Added
Price T Rowe Associates Inc170,219$15.1M0.00%−10.0%Reduced
Ceredex Value Advisors LLC166,650$14.8M0.44%−31,050−15.7%Reduced
Adage Capital Partners GP, L.L.C.164,986$14.6M0.02%+56,303+51.8%Added
Stifel Financial Corp162,437$14.4M0.01%−13,642−7.7%Reduced
Federated Hermes, Inc.162,412$14.4M0.02%−474−0.3%Reduced
AE Wealth Management LLC159,584$14.2M0.08%+7,253+4.8%Added
Skba Capital Management LLC158,830$14.1M2.00%−2,480−1.5%Reduced
Wells Fargo & Company153,239$13.6M0.00%−2,067−1.3%Reduced
Tudor Investment Corp Et Al148,492$13.2M0.07%−125,221−45.7%Reduced
SEI Investments Co146,727$13.0M0.01%+25,135+20.7%Added
Edgestream Partners, L.P.146,051$13.0M0.36%+96,884+197.1%Added
Captrust Financial Advisors140,933$12.5M0.02%−11,338−7.4%Reduced
American Century Companies Inc139,347$12.4M0.01%+77,438+125.1%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.138,626$12.2M0.01%+13,846+11.1%Added
Zimmer Partners, LP136,455$12.1M0.32%−12,177−8.2%Reduced
LSV Asset Management135,710$12.0M0.03%+43,000+46.4%Added
Principal Financial Group Inc135,194$12.0M0.01%+3,500+2.7%Added
Alliancebernstein L.P.135,124$12.0M0.00%−37,033−21.5%Reduced
Aventail Capital Group, LP123,629$11.0M0.63%−92,027−42.7%Reduced
Raymond James Financial Inc118,909$10.5M0.00%−6,402−5.1%Reduced
Citigroup Inc116,506$10.3M0.01%−19,387−14.3%Reduced
Aquatic Capital Management LLC115,024$10.2M0.29%+48,528+73.0%Added
California State Teachers Retirement System113,685$10.1M0.01%+1,190+1.1%Added
Schonfeld Strategic Advisors LLC110,755$9.82M0.05%−54,078−32.8%Reduced