Consolidated Edison
878 hedge funds and large institutions have $14B invested in Consolidated Edison in 2018 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 257 increasing their positions, 336 reducing their positions, and 72 closing their positions.
29% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 72
2% more funds holding
Funds holding: 865 → 878 (+13)
1.29% more ownership
Funds ownership: 56.91% → 58.2% (+1.3%)
6% less call options, than puts
Call options by funds: $69.9M | Put options by funds: $74.6M
6% less capital invested
Capital invested by funds: $14.9B → $14B (-$887M)
24% less repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 336
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$151M |
| 2 |
Renaissance Technologies
New York
|
+$67.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$61.6M |
| 4 |
Goldman Sachs
New York
|
+$47.9M |
| 5 |
Morgan Stanley
New York
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$122M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$67.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$25.7M |
| 4 |
AAF
Andra AP-fonden
Goteborg,
Sweden
|
-$25.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$22.2M |
ED Hedge Fund Activity: Q1 2018 in Review
878 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Consolidated Edison (ED) for Q1 2018, worth a combined $14B — down 5.9% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new ED positions and 72 closed out — a net gain of 21 holders — while 257 added to existing stakes and 336 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $151M. The largest seller was APG Asset Management, cutting an estimated $122M.
- 878 institutional investors held Consolidated Edison (ED) as of Q1 2018, up from 865 in Q4 2017.
- Funds reported $14B of Consolidated Edison stock for Q1 2018, down 5.9% quarter-over-quarter.
- 93 funds opened new Consolidated Edison positions in Q1 2018 and 72 closed out, a net change of +21 holders.
- The largest Consolidated Edison buyer in Q1 2018 was AQR Capital Management, an estimated $151M added.
- The largest Consolidated Edison seller in Q1 2018 was APG Asset Management, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2018.