AES
379 hedge funds and large institutions have $7.6B invested in AES in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 138 increasing their positions, 157 reducing their positions, and 34 closing their positions.
351% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $2.86M
12% more capital invested
Capital invested by funds: $6.8B → $7.6B (+$802M)
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
1.08% more ownership
Funds ownership: 75.96% → 77.05% (+1.1%)
0% less funds holding
Funds holding: 380 → 379 (-1)
12% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 157
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$51.5M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$48.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.4M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$32.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.6M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$37.3M |
| 3 |
Citigroup
New York
|
-$34.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$30.7M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$25.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAT
401
First American Trust
Santa Ana,
California
| – | -$214K | -17,898 | Closed |
|
|
CC
402
Cipher Capital
New York
| – | -$200K | -16,672 | Closed |
|
|
MBE
403
Michael B. Elefante
| – | -$169K | -14,100 | Closed |
|
|
NCCM
404
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$163K | -13,600 | Closed |
|
|
HHC
405
Hutchin Hill Capital
New York
| – | -$152K | -12,700 | Closed |
|
|
NBC
406
Neuberger Berman Canada
Toronto,
Ontario, Canada
| – | -$145K | -12,090 | Closed |
|
|
KFC
407
Klingenstein Fields & Co
New York
| – | -$140K | -11,672 | Closed |
|
|
NIM
408
NuWave Investment Management
Parsippany,
New Jersey
| – | -$137K | -11,388 | Closed |
|
409
Parallax Volatility Advisers
San Francisco,
California
| – | -$4.48K | -349 | Closed |
|
|
GI
410
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -43 | Closed |
|
AES Hedge Fund Activity: Q3 2013 in Review
379 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AES (AES) for Q3 2013, worth a combined $7.6B — up 12% from $6.8B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new AES positions and 34 closed out — a net gain of 4 holders — while 138 added to existing stakes and 157 trimmed.
The largest buyer was AJO LP, adding an estimated $51.5M. The largest seller was Fidelity Investments, cutting an estimated $53.6M.
- 379 institutional investors held AES (AES) as of Q3 2013, down from 380 in Q2 2013.
- Funds reported $7.6B of AES stock for Q3 2013, up 12% quarter-over-quarter.
- 38 funds opened new AES positions in Q3 2013 and 34 closed out, a net change of +4 holders.
- The largest AES buyer in Q3 2013 was AJO LP, an estimated $51.5M added.
- The largest AES seller in Q3 2013 was Fidelity Investments, an estimated $53.6M sold.
Based on aggregated 13F filings for Q3 2013.