Chesapeake Utilities
CPK
186 hedge funds and large institutions have $972M invested in Chesapeake Utilities in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 58 increasing their positions, 68 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more capital invested
Capital invested by funds: $861M → $972M (+$111M)
0.37% more ownership
Funds ownership: 64.71% → 65.08% (+0.37%)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
2% less funds holding
Funds holding: 189 → 186 (-3)
15% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$17M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$5.85M |
| 3 |
Morgan Stanley
New York
|
+$4.91M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$3.82M |
| 5 |
SWMG
Strategic Wealth Management Group
Fulton,
Maryland
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$16.6M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$5.19M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.75M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.46M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$1.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MYIA
201
Mount Yale Investment Advisors
Denver,
Colorado
| – | -$218K | -2,477 | Closed |
|
|
PAM
202
Panagora Asset Management
Boston,
Massachusetts
| – | -$135K | -1,664 | Closed |
|
|
TRCT
203
Tower Research Capital (TRC)
New York
| – | -$35K | -430 | Closed |
|
|
MNBTD
204
Moody National Bank Trust Division
Galveston,
Texas
| – | -$5K | -60 | Closed |
|
|
MOS
205
MGO One Seven
Beachwood,
Ohio
| – | -$4K | -52 | Closed |
|
206
Twin Tree Management
Dallas,
Texas
| – | -$3K | -43 | Closed |
|
|
PFO
207
Pathstone Family Office
Englewood,
New Jersey
| – | -$3K | -31 | Closed |
|
|
QI
208
QS Investors
New York
| – | -$2K | -21 | Closed |
|
CPK Hedge Fund Activity: Q1 2019 in Review
186 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q1 2019, worth a combined $972M — up 13% from $861M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CPK and 22 opened new positions — a net loss of 1 holder — while 68 trimmed existing stakes and 58 added.
The largest buyer was Goldman Sachs, adding an estimated $17M. The largest seller was BlackRock, cutting an estimated $16.6M.
- 186 institutional investors held Chesapeake Utilities (CPK) as of Q1 2019, down from 189 in Q4 2018.
- Funds reported $972M of Chesapeake Utilities stock for Q1 2019, up 13% quarter-over-quarter.
- 22 funds opened new Chesapeake Utilities positions in Q1 2019 and 23 closed out, a net change of -1 holder.
- The largest Chesapeake Utilities buyer in Q1 2019 was Goldman Sachs, an estimated $17M added.
- The largest Chesapeake Utilities seller in Q1 2019 was BlackRock, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2019.