Consolidated Edison
775 hedge funds and large institutions have $13.7B invested in Consolidated Edison in 2016 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 315 increasing their positions, 222 reducing their positions, and 42 closing their positions.
60% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 42
42% more repeat investments, than reductions
Existing positions increased: 315 | Existing positions reduced: 222
14% more capital invested
Capital invested by funds: $12.1B → $13.7B (+$1.63B)
2% more funds holding
Funds holding: 759 → 775 (+16)
0.14% less ownership
Funds ownership: 56.48% → 56.34% (-0.14%)
7% less call options, than puts
Call options by funds: $143M | Put options by funds: $154M
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$82.4M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$76.1M |
| 3 |
Goldman Sachs
New York
|
+$73.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.9M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$65.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$403M |
| 2 |
Renaissance Technologies
New York
|
-$63.2M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$40.8M |
| 4 |
Barclays
London,
United Kingdom
|
-$23.4M |
| 5 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$21.3M |
ED Hedge Fund Activity: Q2 2016 in Review
775 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Consolidated Edison (ED) for Q2 2016, worth a combined $13.7B — up 14% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new ED positions and 42 closed out — a net gain of 25 holders — while 315 added to existing stakes and 222 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $82.4M. The largest seller was Royal London Asset Management, cutting an estimated $403M.
- 775 institutional investors held Consolidated Edison (ED) as of Q2 2016, up from 759 in Q1 2016.
- Funds reported $13.7B of Consolidated Edison stock for Q2 2016, up 14% quarter-over-quarter.
- 67 funds opened new Consolidated Edison positions in Q2 2016 and 42 closed out, a net change of +25 holders.
- The largest Consolidated Edison buyer in Q2 2016 was Janus Henderson Investors US, an estimated $82.4M added.
- The largest Consolidated Edison seller in Q2 2016 was Royal London Asset Management, an estimated $403M sold.
Based on aggregated 13F filings for Q2 2016.