Chesapeake Utilities
195 hedge funds and large institutions have $1.13B invested in Chesapeake Utilities in 2020 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 71 increasing their positions, 66 reducing their positions, and 27 closing their positions.
16% more capital invested
Capital invested by funds: $978M → $1.13B (+$155M)
10.68% more ownership
Funds ownership: 70.7% → 81.39% (+11%)
8% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 66
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
3% less funds holding
Funds holding: 200 → 195 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$101M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$16.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$13.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$9.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$9.32M |
| 2 |
Renaissance Technologies
New York
|
-$7.67M |
| 3 |
Goldman Sachs
New York
|
-$6.51M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.82M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$3.78M |
CPK Hedge Fund Activity: Q3 2020 in Review
195 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q3 2020, worth a combined $1.13B — up 16% from $978M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CPK and 25 opened new positions — a net loss of 2 holders — while 66 trimmed existing stakes and 71 added.
The largest buyer was BlackRock, adding an estimated $101M. The largest seller was American Century Companies, exiting entirely with an estimated $9.32M sold.
- 195 institutional investors held Chesapeake Utilities (CPK) as of Q3 2020, down from 200 in Q2 2020.
- Funds reported $1.13B of Chesapeake Utilities stock for Q3 2020, up 16% quarter-over-quarter.
- 25 funds opened new Chesapeake Utilities positions in Q3 2020 and 27 closed out, a net change of -2 holders.
- The largest Chesapeake Utilities buyer in Q3 2020 was BlackRock, an estimated $101M added.
- The largest Chesapeake Utilities seller in Q3 2020 was American Century Companies, an estimated $9.32M sold.
Based on aggregated 13F filings for Q3 2020.