Pinnacle West Capital (PNW) Institutional Holdings & 13F Data (Q2 2026)

PNW ranks #734 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

PNW is a top-conviction position for ATLAS Infrastructure Partners — at 17.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in PNW belongs to Capital Research Global Investors, but the position matters far more to ATLAS Infrastructure Partners, who has 17.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Gateway Investment Advisers LLC has added to its PNW position for two straight quarters, increasing it by $1.4M to reach $1.8M today.

Assenagon Asset Management S.A. has trimmed its PNW position for two straight quarters, cutting it by $96.7M while still holding $3.7M.

PNW is up 1.7% today, and institutions have been net buyers of $2.3B this quarter — today's price move and the underlying institutional flow are pointing the same direction.

PNW posted net income of $651.0M over the trailing twelve months, and currently trades at a P/E of 19.0.

• Profitable — net income of $651.0M over the trailing twelve months
• Revenue grew 5.7% year over year
• Net income improved year over year, from $593.3M to $651.0M
• Generated $1.8B in positive operating cash flow
• Current ratio of 0.54x — below the conventional 1.5x liquidity buffer
• Liabilities run x equity — a highly leveraged balance sheet worth noting