Chesapeake Utilities
182 hedge funds and large institutions have $737M invested in Chesapeake Utilities in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 52 increasing their positions, 55 reducing their positions, and 13 closing their positions.
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
12% more funds holding
Funds holding: 163 → 182 (+19)
1.69% more ownership
Funds ownership: 62.35% → 64.04% (+1.7%)
5% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 55
8% less capital invested
Capital invested by funds: $800M → $737M (-$62.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.5M |
| 2 |
Renaissance Technologies
New York
|
+$5.82M |
| 3 |
Millennium Management
New York
|
+$5.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.43M |
| 5 |
Morgan Stanley
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$11.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$4.62M |
| 3 |
BC
Blackstart Capital
New York
|
-$2.71M |
| 4 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$1.66M |
| 5 |
IA
IndexIQ Advisors
New York
|
-$1.6M |
CPK Hedge Fund Activity: Q1 2018 in Review
182 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q1 2018, worth a combined $737M — down 7.9% from $800M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CPK positions and 13 closed out — a net gain of 21 holders — while 52 added to existing stakes and 55 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $10.5M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $11.5M sold.
- 182 institutional investors held Chesapeake Utilities (CPK) as of Q1 2018, up from 163 in Q4 2017.
- Funds reported $737M of Chesapeake Utilities stock for Q1 2018, down 7.9% quarter-over-quarter.
- 34 funds opened new Chesapeake Utilities positions in Q1 2018 and 13 closed out, a net change of +21 holders.
- The largest Chesapeake Utilities buyer in Q1 2018 was T. Rowe Price Associates, an estimated $10.5M added.
- The largest Chesapeake Utilities seller in Q1 2018 was Phocas Financial Corp, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2018.