Chesapeake Utilities
CPK
182 hedge funds and large institutions have $959M invested in Chesapeake Utilities in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 61 increasing their positions, 68 reducing their positions, and 17 closing their positions.
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
2.12% more ownership
Funds ownership: 66.05% → 68.17% (+2.1%)
1% less funds holding
Funds holding: 183 → 182 (-1)
8% less capital invested
Capital invested by funds: $1.04B → $959M (-$79M)
10% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 68
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$11M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$8.49M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.94M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$6.87M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.24M |
| 2 |
Bank of New York Mellon
New York
|
-$5.84M |
| 3 |
BlackRock
New York
|
-$4.85M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.52M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
-$2.38M |
CPK Hedge Fund Activity: Q1 2020 in Review
182 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Chesapeake Utilities (CPK) for Q1 2020, worth a combined $959M — down 7.6% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CPK positions and 17 closed out — a net gain of 3 holders — while 61 added to existing stakes and 68 trimmed.
The largest buyer was Copeland Capital Management, adding an estimated $11M. The largest seller was Millennium Management, exiting entirely with an estimated $9.24M sold.
- 182 institutional investors held Chesapeake Utilities (CPK) as of Q1 2020, down from 183 in Q4 2019.
- Funds reported $959M of Chesapeake Utilities stock for Q1 2020, down 7.6% quarter-over-quarter.
- 20 funds opened new Chesapeake Utilities positions in Q1 2020 and 17 closed out, a net change of +3 holders.
- The largest Chesapeake Utilities buyer in Q1 2020 was Copeland Capital Management, an estimated $11M added.
- The largest Chesapeake Utilities seller in Q1 2020 was Millennium Management, an estimated $9.24M sold.
Based on aggregated 13F filings for Q1 2020.