Hedge Funds Like PG&E Stock But Outcome May Not To Their Liking

Over the past few months, Californian utility Pacific Gas & Electric Co., has become a favorite of hedge funds. Several notable names were buying or increasing their holdings in the utility provider throughout the fourth quarter, including the likes of Seth Klarman’s Baupost and Blue Mountain Capital Management, the $22 billion New York-based hedge fund. Q3 hedge fund letters, conference, scoops etc If you’re looking for more timely hedge fund insight, ValueWalk’s exclusive newsletter Hidden Value Stocks offers exclusive access to under-the-radar value hedge funds and their ideas. Click here to find out more and signup for a free no-obligation trial today. Hedge funds buying Funds have been…