Chesapeake Utilities
CPK
117 hedge funds and large institutions have $328M invested in Chesapeake Utilities in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 48 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $297M → $328M (+$30.4M)
4% more funds holding
Funds holding: 112 → 117 (+5)
3.44% more ownership
Funds ownership: 77.16% → 80.61% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$11.2M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.65M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.76M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.59M |
| 5 |
Neuberger Berman Group
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.64M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.13M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$1.56M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.42M |
| 5 |
FM
Forward Management
San Francisco,
California
|
-$1.34M |
CPK Hedge Fund Activity: Q1 2014 in Review
117 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q1 2014, worth a combined $328M — up 10% from $297M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CPK positions and 5 closed out — a net gain of 5 holders — while 38 added to existing stakes and 48 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $11.2M. The largest seller was LSV Asset Management, cutting an estimated $3.64M.
- 117 institutional investors held Chesapeake Utilities (CPK) as of Q1 2014, up from 112 in Q4 2013.
- Funds reported $328M of Chesapeake Utilities stock for Q1 2014, up 10% quarter-over-quarter.
- 10 funds opened new Chesapeake Utilities positions in Q1 2014 and 5 closed out, a net change of +5 holders.
- The largest Chesapeake Utilities buyer in Q1 2014 was Bank of New York Mellon, an estimated $11.2M added.
- The largest Chesapeake Utilities seller in Q1 2014 was LSV Asset Management, an estimated $3.64M sold.
Based on aggregated 13F filings for Q1 2014.