Chesapeake Utilities
CPK
139 hedge funds and large institutions have $439M invested in Chesapeake Utilities in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 47 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
13% more funds holding
Funds holding: 123 → 139 (+16)
0.03% more ownership
Funds ownership: 54.17% → 54.19% (+0.03%)
1% less capital invested
Capital invested by funds: $444M → $439M (-$5.3M)
11% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.36M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.21M |
| 3 |
Millennium Management
New York
|
+$2.68M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.49M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.16M |
| 2 |
Bank of New York Mellon
New York
|
-$5.5M |
| 3 |
Neuberger Berman Group
New York
|
-$3.52M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.13M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.36M |
CPK Hedge Fund Activity: Q3 2015 in Review
139 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q3 2015, worth a combined $439M — down 1.2% from $444M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CPK positions and 8 closed out — a net gain of 16 holders — while 42 added to existing stakes and 47 trimmed.
The largest buyer was Cortina Asset Management, adding an estimated $3.36M. The largest seller was Adage Capital Partners, cutting an estimated $9.16M.
- 139 institutional investors held Chesapeake Utilities (CPK) as of Q3 2015, up from 123 in Q2 2015.
- Funds reported $439M of Chesapeake Utilities stock for Q3 2015, down 1.2% quarter-over-quarter.
- 24 funds opened new Chesapeake Utilities positions in Q3 2015 and 8 closed out, a net change of +16 holders.
- The largest Chesapeake Utilities buyer in Q3 2015 was Cortina Asset Management, an estimated $3.36M added.
- The largest Chesapeake Utilities seller in Q3 2015 was Adage Capital Partners, an estimated $9.16M sold.
Based on aggregated 13F filings for Q3 2015.