Consolidated Edison
776 hedge funds and large institutions have $13.5B invested in Consolidated Edison in 2017 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 270 increasing their positions, 277 reducing their positions, and 61 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
8% more capital invested
Capital invested by funds: $12.4B → $13.5B (+$1.02B)
1.55% more ownership
Funds ownership: 55.37% → 56.92% (+1.5%)
3% more call options, than puts
Call options by funds: $87.2M | Put options by funds: $85M
3% less repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 277
2% less funds holding
Funds holding: 794 → 776 (-18)
11% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.72B |
| 2 |
Invesco
Atlanta,
Georgia
|
+$97.6M |
| 3 |
Bank of New York Mellon
New York
|
+$66.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54.6M |
| 5 |
Renaissance Technologies
New York
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$28.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$28.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$24.3M |
| 4 |
Goldman Sachs
New York
|
-$23.1M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$18M |
ED Hedge Fund Activity: Q1 2017 in Review
776 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Consolidated Edison (ED) for Q1 2017, worth a combined $13.5B — up 8.2% from $12.4B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of ED and 54 opened new positions — a net loss of 7 holders — while 277 trimmed existing stakes and 270 added.
The largest buyer was BlackRock, adding an estimated $1.72B. The largest seller was Parametric Portfolio Associates, cutting an estimated $28.6M.
- 776 institutional investors held Consolidated Edison (ED) as of Q1 2017, down from 794 in Q4 2016.
- Funds reported $13.5B of Consolidated Edison stock for Q1 2017, up 8.2% quarter-over-quarter.
- 54 funds opened new Consolidated Edison positions in Q1 2017 and 61 closed out, a net change of -7 holders.
- The largest Consolidated Edison buyer in Q1 2017 was BlackRock, an estimated $1.72B added.
- The largest Consolidated Edison seller in Q1 2017 was Parametric Portfolio Associates, an estimated $28.6M sold.
Based on aggregated 13F filings for Q1 2017.