Chesapeake Utilities
CPK
181 hedge funds and large institutions have $829M invested in Chesapeake Utilities in 2018 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 48 increasing their positions, 70 reducing their positions, and 25 closing their positions.
13% more capital invested
Capital invested by funds: $737M → $829M (+$92.5M)
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
0.22% less ownership
Funds ownership: 64.04% → 63.82% (-0.22%)
1% less funds holding
Funds holding: 182 → 181 (-1)
31% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12M |
| 2 |
BlackRock
New York
|
+$11.1M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$5.98M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$3.94M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.1M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$10.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$7.95M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.57M |
| 5 |
Bank of New York Mellon
New York
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
201
First Horizon Advisors
Memphis,
Tennessee
| – | -$5K | -77 | Closed |
|
|
AWA
202
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$4K | -54 | Closed |
|
|
MPWT
203
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$1.9K | -27 | Closed |
|
204
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$305 | +4 | New |
|
CPK Hedge Fund Activity: Q2 2018 in Review
181 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q2 2018, worth a combined $829M — up 13% from $737M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CPK positions and 25 closed out — a net gain of 1 holder — while 48 added to existing stakes and 70 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $12M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $14.1M sold.
- 181 institutional investors held Chesapeake Utilities (CPK) as of Q2 2018, down from 182 in Q1 2018.
- Funds reported $829M of Chesapeake Utilities stock for Q2 2018, up 13% quarter-over-quarter.
- 26 funds opened new Chesapeake Utilities positions in Q2 2018 and 25 closed out, a net change of +1 holder.
- The largest Chesapeake Utilities buyer in Q2 2018 was Goldman Sachs, an estimated $12M added.
- The largest Chesapeake Utilities seller in Q2 2018 was Adage Capital Partners, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2018.