Cheniere Energy (CQP)

• Sector: Utilities
• Industry: Natural Gas Distribution

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

3% more funds holding

Funds holding: 164 [Q1] → 169 (+5) [Q2]

2% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 43

0.27% less ownership

Funds ownership: 46.63% [Q1] → 46.35% (-0.27%) [Q2]

1% less capital invested

Capital invested by funds: $11.2B [Q1] → $11B (-$125M) [Q2]

5% less call options, than puts

Call options by funds: $5.18M | Put options by funds: $5.45M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $46 8% downside
• Avg. target: $46 8% downside
• High target: $46 8% downside

1 analyst rating

• positive: 0 0%
• neutral: 0 0%
• negative: 1 100%

Barclays Theresa Chen 45% 1-year accuracy 10 / 22 met price target

8% downside $46

Underweight Maintained

17 Jul 2024