Chesapeake Utilities
CPK
159 hedge funds and large institutions have $576M invested in Chesapeake Utilities in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 57 increasing their positions, 49 reducing their positions, and 20 closing their positions.
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
16% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 49
7% more capital invested
Capital invested by funds: $536M → $576M (+$39.9M)
3% more funds holding
Funds holding: 154 → 159 (+5)
10% more call options, than puts
Call options by funds: $808K | Put options by funds: $735K
0.28% more ownership
Funds ownership: 56.59% → 56.87% (+0.28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.14M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.4M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$3.11M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$2.83M |
| 5 |
Bank of New York Mellon
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.56M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$4.19M |
| 3 |
JP Morgan Chase
New York
|
-$3.27M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.33M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.25M |
CPK Hedge Fund Activity: Q2 2016 in Review
159 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q2 2016, worth a combined $576M — up 7.4% from $536M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CPK positions and 20 closed out — a net gain of 7 holders — while 57 added to existing stakes and 49 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $7.14M. The largest seller was Adage Capital Partners, cutting an estimated $5.56M.
- 159 institutional investors held Chesapeake Utilities (CPK) as of Q2 2016, up from 154 in Q1 2016.
- Funds reported $576M of Chesapeake Utilities stock for Q2 2016, up 7.4% quarter-over-quarter.
- 27 funds opened new Chesapeake Utilities positions in Q2 2016 and 20 closed out, a net change of +7 holders.
- The largest Chesapeake Utilities buyer in Q2 2016 was Millennium Management, an estimated $7.14M added.
- The largest Chesapeake Utilities seller in Q2 2016 was Adage Capital Partners, an estimated $5.56M sold.
Based on aggregated 13F filings for Q2 2016.