Consolidated Edison
595 hedge funds and large institutions have $7.53B invested in Consolidated Edison in 2013 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 214 increasing their positions, 205 reducing their positions, and 50 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 50
4% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 205
0.95% more ownership
Funds ownership: 45.8% → 46.75% (+0.95%)
1% more funds holding
Funds holding: 592 → 595 (+3)
4% less capital invested
Capital invested by funds: $7.82B → $7.53B (-$294M)
5% less call options, than puts
Call options by funds: $66M | Put options by funds: $69.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$70M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$46.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$36M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$23.8M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$101M |
| 2 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$42.1M |
| 3 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$25.4M |
| 4 |
KBC Group
Brussels,
Belgium
|
-$17.5M |
| 5 |
SG Americas Securities
New York
|
-$15M |
ED Hedge Fund Activity: Q3 2013 in Review
595 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Consolidated Edison (ED) for Q3 2013, worth a combined $7.53B — down 3.8% from $7.82B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new ED positions and 50 closed out — a net gain of 7 holders — while 214 added to existing stakes and 205 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $70M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $101M sold.
- 595 institutional investors held Consolidated Edison (ED) as of Q3 2013, up from 592 in Q2 2013.
- Funds reported $7.53B of Consolidated Edison stock for Q3 2013, down 3.8% quarter-over-quarter.
- 57 funds opened new Consolidated Edison positions in Q3 2013 and 50 closed out, a net change of +7 holders.
- The largest Consolidated Edison buyer in Q3 2013 was T. Rowe Price Associates, an estimated $70M added.
- The largest Consolidated Edison seller in Q3 2013 was Adage Capital Partners, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2013.