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

PNW ranks #733 out of 37501 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.

Capital Research Global Investors has added to its PNW position for two straight quarters, increasing it by $462.4M to reach $1.8B today.

Morgan Stanley has trimmed its PNW position for two straight quarters, cutting it by $103.4M while still holding $204.8M.

PNW is down 0.3% today, but institutions show net buying of $2.3B this quarter — a divergence between today's price move and the underlying institutional flow.

PNW posted net income of $651.0M over the trailing twelve months, and currently trades at a P/E of 18.2.

• 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 4.26x equity — a highly leveraged balance sheet worth noting