PINNACLE WEST CAP CORP

CUSIP: 723484AK7 Class: NOTE 4.750% 6/1

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
D. E. Shaw & Co., Inc.79,497,000$85,039
Shaolin Capital Management LLC63,000,000$67,364
BlackRock, Inc.33,705,000$35,980
CITADEL ADVISORS LLC30,000,000$32,078
Ovata Capital Management Ltd28,000,000$29,956
ANGELO GORDON & CO., L.P.23,500,000$25,086
Brevan Howard Capital Management LP22,500,000$24,131
Verition Fund Management LLC20,000,000$21,400
WOLVERINE ASSET MANAGEMENT LLC19,785,000$21,155
CAMDEN ASSET MANAGEMENT L P /CA18,188,000$19,416
TWO SIGMA INVESTMENTS, LP15,750,000$16,813
STATE STREET CORP11,280,000$12,104
WHITEBOX ADVISORS LLC11,250,000$12,009
WELLS FARGO & COMPANY/MN11,108,000$11,890
Calamos Advisors LLC10,000,000$10,699
SUSQUEHANNA ADVISORS GROUP, INC.10,000,000$107
Universal- Beteiligungs- und Servicegesellschaft mbH6,100,000$6,539
Walleye Capital LLC6,000,000$6,420
Lombard Odier Asset Management (Europe) Ltd5,462,000$5,843
RWC Asset Management LLP4,900,000$5,245
CONNING INC.4,855,000$5,214
Thrivent Financial for Lutherans4,705,000$5
UBS Group AG4,676,000$4,992
MIZUHO SECURITIES USA LLC3,500,000$3,732
INCOME RESEARCH & MANAGEMENT3,031,000$3,236
STATE OF WISCONSIN INVESTMENT BOARD3,000,000$3,203
MUFG SECURITIES AMERICAS INC.3,000,000$3,256
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt2,500,000$2,678
MORGAN STANLEY2,370,000$2,530
CITIGROUP INC2,080,000$2,220
GOLDMAN SACHS GROUP INC2,000,000$2,135
SSI INVESTMENT MANAGEMENT LLC1,300,000$1,388
Police & Firemen's Retirement System of New Jersey994,000$1,063
Man Group plc830,000$891
ADVENT CAPITAL MANAGEMENT /DE/790,000$847
JPMORGAN CHASE & CO527,000$564
DEUTSCHE BANK AG\375,000$400
AEGON USA Investment Management, LLC350,000$374
&PARTNERS151,000$161
LOOMIS SAYLES & CO L P132,861$11,785
Total (40 institutions)471,191,861$499,947