PG&E Corporation

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 888 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• PG&E Corporation (CIK 0001004980, the parent, ticker PCG) and Pacific Gas and Electric Company (the utility subsidiary, a separate CIK) file a single COMBINED Form 10-K and 10-Q. Every figure in this file is PG&E Corporation's own, taken from the combined filing's PG&E-Corporation-labelled tables, never from the Utility's own balance sheet or share count, except where explicitly noted below.
• shares_outstanding (2,202,366,726) is the PG&E Corporation common stock figure on the PG&E Corporation CONSOLIDATED BALANCE SHEET in the Q2 2026 Form 10-Q (period 2026-06-30), which is the same basis PG&E Corporation's own April 2026 joint proxy statement uses for its beneficial-ownership percent-of-class calculations (2,197,967,954 shares 'entitled to vote' as of 4 Feb 2026, essentially the same figure one quarter earlier) and the same basis stockanalysis.com reports ('2.20 billion' shares outstanding, matching to two decimal places). This EXCLUDES 477,743,590 shares of PG&E Corporation common stock held by Pacific Gas and Electric Company (the Utility) itself: the 10-Q cover page states total PG&E Corporation common stock outstanding as of 15 Jul 2026 was 2,680,110,496 shares, 'includes 477,743,590 shares of common stock held by Pacific Gas and Electric Company', and NOTE 7 (Earnings Per Share) separately confirms those 477,743,590 shares are excluded from the EPS share count. Those Utility-held shares are intercompany, not held by any external register entity (they are the reciprocal of the Utility's own 96.2%-PG&E-Corporation-owned stock structure), so they are treated the same as treasury stock: excluded from shares_outstanding and given no register row.
• No preferred stock, depositary share, or equity-unit position is counted into any register row's shares against the common-stock denominator. PG&E Corporation has Mandatory Convertible Preferred Stock outstanding at the parent level (book value $1,579 million per the Q2 2026 10-Q) and the Utility separately has ten NYSE-listed preferred/depositary series (tickers PCG-PA through PCG-PX). Where a 13F filer's information table reported a PG&E preferred CUSIP (69331C306) or the 4.250% convertible note CUSIP (69331CAL2) alongside its common-stock CUSIP (69331C108), e.g. BlackRock, State Street, FMR, MFS and JPMorgan, those preferred/note lines were excluded and only the common-stock (CUSIP 69331C108) rows are counted in shares and value_usd, per scripts/filing.py's own derivative/CUSIP-class separation.
• Fire Victim Trust: established FROM FILINGS that the Trust has fully sold out of PG&E Corporation common stock and holds nothing today, so it is a NOTE rather than a register row. The FY2025 Form 10-K (filed 12 Feb 2026) mentions the Fire Victim Trust only in a historical context: the consolidated statement of cash flows/equity line 'Changes to PG&E Corporation common stock and treasury stock in connection with share exchanges with the Fire Victim Trust' shows activity only in the 2023 column (blank for 2024 and 2025), and the income-tax-rate reconciliation carries a one-time adjustment 'for the tax benefit of the sale of shares by the Fire Victim Trust in 2023' with no analogous entry in 2024 or 2025. The Q2 2026 10-Q's full text search for 'Fire Victim Trust' returns zero hits outside the glossary definition, i.e. no mention of it as a current shareholder. PG&E Corporation's own April 2026 joint proxy statement's 'Principal shareholders' 5%-owner table (as of 27 Mar 2026) does not list the Fire Victim Trust at all. EDGAR's own filer search for a company named 'Fire Victim Trust' returns no results (it never registered as an EDGAR filer and never filed a Schedule 13D or 13G on PG&E), and PG&E Corporation's own SC 13 filing history at data.sec.gov shows no SC 13D/G filings at all since 12 Nov 2024. Together these are treated as sufficient evidence that the Trust, which received PG&E Corporation common stock as part of the Plan of Reorganization and was selling it down over 2020-2023 per its court-approved distribution plan, completed its exit by the end of 2023.
• Holdings side is genuinely empty. Searched the FY2025 Form 10-K (filed 12 Feb 2026, filed 2026-02-12) and the Q2 2026 Form 10-Q (filed 23 Jul 2026, period 2026-06-30) for 'equity method', 'unconsolidated', 'joint venture', 'non-marketable equity', 'minority interest' and 'equity investment': zero hits for the first four terms in both filings; the only 'equity investment' hits in the 10-K are about the pension and other-benefits trust's asset allocation to public equities, not a company holding. 'variable interest entit[y/ies]' returns hits only about the Utility's receivables securitization program, a financing vehicle, not an investment holding. Exhibit 21 (Significant Subsidiaries) to the FY2025 10-K lists exactly two entities, both wholly owned: Pacific Gas and Electric Company and PG&E AR Facility, LLC, with no ownership-percentage column and no joint ventures. PG&E Corporation is a plain vertically integrated utility holding company with no equity-method investees, consistent with most companies in this database.
• Self-gate, computed on the final file exactly as the chart computes it: no rows are marked is_aggregate or rolls_up_into (no proxy 'all directors and officers as a group' row was added to the register; see below), so total is the plain sum of the 12 rows' shares = 1,102,535,467, against shares_outstanding 2,202,366,726, giving 50.06%. This is inside the brief's hard 15-55% bound though above the '25-45% typical' range; it reflects genuinely very concentrated 13F institutional ownership at PG&E (Vanguard alone is 12.55%, and the top 6 filers alone are already >40%) rather than a mixed basis, since every row above was checked common-stock-CUSIP-only against the same 2,202,366,726 denominator.
• PG&E Corporation's April 2026 joint proxy statement discloses 'All PG&E Corporation directors, director nominees, and current executive officers as a group (22 persons)' held 4,836,786 shares plus 52,867 common stock equivalents (4,889,653 total) as of 14 Mar 2026, under 0.25% of shares outstanding. PG&E has no founder and no dual-class structure post-Chapter-11 reorganization, so this insider group is not included as a register row: it is small, non-strategic, and none of the individual named executives or directors individually approaches a size worth a standalone row.
• A raw-HTML inconsistency was found and resolved rather than propagated: the Q2 2026 10-Q's Pacific Gas and Electric Company (Utility) standalone balance sheet literally states 'Common stock, $5 par value, authorized 800,000,000 shares; 800,000,000 shares outstanding at respective dates' with a $1,322 million balance. $1,322m / $5 par implies about 264.4 million shares, not 800 million, and that figure (264,374,809) matches both the 10-Q cover page and the April 2026 proxy's Principal Shareholders table (PG&E Corporation owns 264,374,809 Utility shares, 96.2% of the Utility's stock). The '800,000,000 shares outstanding' text is treated as an apparent drafting duplication of the authorized-share count in the filing itself, not as a real Utility share count. This does not affect PG&E Corporation's own shares_outstanding used in this file, since the Utility is not the registrant being researched here; it is recorded purely so the discrepancy is not silently re-derived by a later chunk.