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Consolidated Edison

608 hedge funds and large institutions have $7.6B invested in Consolidated Edison in 2013 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 196 increasing their positions, 237 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 50

32% more call options, than puts

Call options by funds: $110M | Put options by funds: $83.4M

2% more funds holding

Funds holding: 595608 (+13)

1% more capital invested

Capital invested by funds: $7.53B → $7.6B (+$70.1M)

0.24% more ownership

Funds ownership: 46.75%46.99% (+0.24%)

17% less repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 237

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
608
Holders Change
+13
Holders Change %
+2.18%
% of All Funds
17.64%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
69
Increased
196
Reduced
237
Closed
50
Calls
$110M
Puts
$83.4M
Net Calls
+$27M
Net Calls Change
+$30.7M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$48.7M +$2.83M +50,226 +6%
Sumitomo Mitsui Trust Group
27
Sumitomo Mitsui Trust Group
Japan
$47.6M +$758K +13,479 +2%
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$45.9M -$1.22M -21,600 -3%
AI
29
Analytic Investors
California
$45.2M -$22.2M -394,542 -33%
Mitsubishi UFJ Trust & Banking
30
Mitsubishi UFJ Trust & Banking
Japan
$42.7M -$2.63M -46,665 -6%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$41.2M -$3.08M -54,744 -7%
TA
32
Teachers Advisors
New York
$40.4M +$943K +16,772 +2%
CS
33
Credit Suisse
Switzerland
$39.4M +$4.5M +79,944 +13%
GIA
34
Gateway Investment Advisers
Ohio
$39.4M -$102K -1,815 -0.3%
JP Morgan Chase
35
JP Morgan Chase
New York
$37.8M -$9.55M -169,736 -20%
Charles Schwab
36
Charles Schwab
California
$36.3M +$1.04M +18,527 +3%
Barclays
37
Barclays
United Kingdom
$35.9M +$12.9M +229,737 +54%
H
38
Hexavest
Quebec, Canada
$35.6M +$8.03M +142,809 +28%
New York State Teachers Retirement System (NYSTRS)
39
New York State Teachers Retirement System (NYSTRS)
New York
$33.8M -$1.9M -33,798 -5%
AllianceBernstein
40
AllianceBernstein
Tennessee
$33.2M -$675K -11,999 -2%
GC
41
Guggenheim Capital
Illinois
$32.7M +$6.16M +109,588 +23%
GF
42
Gabelli Funds
New York
$31.9M -$1.74M -31,000 -5%
HSBC Holdings
43
HSBC Holdings
United Kingdom
$30.6M +$9.91M +176,186 +47%
BIM
44
BlackRock Investment Management
Delaware
$30M -$1.06M -18,855 -3%
U
45
UBS
Switzerland
$29.5M +$956 +17 +0%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$29.3M +$208K +3,700 +0.7%
N
47
Natixis
France
$28.3M +$2.07M +36,835 +8%
State Board of Administration of Florida Retirement System
48
State Board of Administration of Florida Retirement System
Florida
$27.8M -$113 -2 -0%
AQR Capital Management
49
AQR Capital Management
Connecticut
$27M +$3.56M +63,200 +15%
First Trust Advisors
50
First Trust Advisors
Illinois
$26.9M +$3.47M +61,744 +15%

ED Hedge Fund Activity: Q4 2013 in Review

608 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Consolidated Edison (ED) for Q4 2013, worth a combined $7.6B — up 0.93% from $7.53B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new ED positions and 50 closed out — a net gain of 19 holders — while 196 added to existing stakes and 237 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $49.6M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $44.4M sold.

  • 608 institutional investors held Consolidated Edison (ED) as of Q4 2013, up from 595 in Q3 2013.
  • Funds reported $7.6B of Consolidated Edison stock for Q4 2013, up 0.93% quarter-over-quarter.
  • 69 funds opened new Consolidated Edison positions in Q4 2013 and 50 closed out, a net change of +19 holders.
  • The largest Consolidated Edison buyer in Q4 2013 was Deutsche Bank, an estimated $49.6M added.
  • The largest Consolidated Edison seller in Q4 2013 was Acadian Asset Management, an estimated $44.4M sold.

Based on aggregated 13F filings for Q4 2013.