Chesapeake Utilities
CPK
172 hedge funds and large institutions have $883M invested in Chesapeake Utilities in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 55 increasing their positions, 65 reducing their positions, and 19 closing their positions.
7% more capital invested
Capital invested by funds: $828M → $883M (+$54.3M)
0.9% more ownership
Funds ownership: 63.34% → 64.23% (+0.9%)
4% less funds holding
Funds holding: 180 → 172 (-8)
15% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 65
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$29.6M |
| 2 |
Goldman Sachs
New York
|
+$11.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.19M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$13M |
| 3 |
Millennium Management
New York
|
-$8.57M |
| 4 |
Renaissance Technologies
New York
|
-$5.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.83M |
CPK Hedge Fund Activity: Q3 2018 in Review
172 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q3 2018, worth a combined $883M — up 6.6% from $828M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CPK and 11 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 55 added.
The largest buyer was BlackRock, adding an estimated $29.6M. The largest seller was Wellington Management Group, cutting an estimated $16M.
- 172 institutional investors held Chesapeake Utilities (CPK) as of Q3 2018, down from 180 in Q2 2018.
- Funds reported $883M of Chesapeake Utilities stock for Q3 2018, up 6.6% quarter-over-quarter.
- 11 funds opened new Chesapeake Utilities positions in Q3 2018 and 19 closed out, a net change of -8 holders.
- The largest Chesapeake Utilities buyer in Q3 2018 was BlackRock, an estimated $29.6M added.
- The largest Chesapeake Utilities seller in Q3 2018 was Wellington Management Group, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2018.