Consolidated Edison
838 hedge funds and large institutions have $14B invested in Consolidated Edison in 2018 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 262 increasing their positions, 300 reducing their positions, and 64 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.71% less ownership
Funds ownership: 59.93% → 59.22% (-0.71%)
3% less capital invested
Capital invested by funds: $14.5B → $14B (-$496M)
8% less call options, than puts
Call options by funds: $52.6M | Put options by funds: $57.1M
2% less funds holding
Funds holding: 856 → 838 (-18)
13% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 64
13% less repeat investments, than reductions
Existing positions increased: 262 | Existing positions reduced: 300
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$52.3M |
| 2 |
Lazard Asset Management
New York
|
+$37.4M |
| 3 |
Two Sigma Investments
New York
|
+$31.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.1M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$85.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$54.7M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$41.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.8M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$30.8M |
ED Hedge Fund Activity: Q3 2018 in Review
838 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Consolidated Edison (ED) for Q3 2018, worth a combined $14B — down 3.4% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of ED and 56 opened new positions — a net loss of 8 holders — while 300 trimmed existing stakes and 262 added.
The largest buyer was Bank of New York Mellon, adding an estimated $52.3M. The largest seller was AQR Capital Management, cutting an estimated $85.8M.
- 838 institutional investors held Consolidated Edison (ED) as of Q3 2018, down from 856 in Q2 2018.
- Funds reported $14B of Consolidated Edison stock for Q3 2018, down 3.4% quarter-over-quarter.
- 56 funds opened new Consolidated Edison positions in Q3 2018 and 64 closed out, a net change of -8 holders.
- The largest Consolidated Edison buyer in Q3 2018 was Bank of New York Mellon, an estimated $52.3M added.
- The largest Consolidated Edison seller in Q3 2018 was AQR Capital Management, an estimated $85.8M sold.
Based on aggregated 13F filings for Q3 2018.