Empire District Electric
EDE
EDE was delisted on the 30th of December, 2016.
163 hedge funds and large institutions have $890M invested in Empire District Electric in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 37 increasing their positions, 60 reducing their positions, and 29 closing their positions.
45% more capital invested
Capital invested by funds: $614M → $890M (+$276M)
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
5% more funds holding
Funds holding: 155 → 163 (+8)
38% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 60
95% less call options, than puts
Call options by funds: $33K | Put options by funds: $714K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.4M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$57M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$24.2M |
| 4 |
Morgan Stanley
New York
|
+$22.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$28.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14M |
| 3 |
Millennium Management
New York
|
-$13.4M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$7.82M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$7.03M |
EDE Hedge Fund Activity: Q1 2016 in Review
163 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Empire District Electric (EDE) for Q1 2016, worth a combined $890M — up 45% from $614M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new EDE positions and 29 closed out — a net gain of 10 holders — while 37 added to existing stakes and 60 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $97.4M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $28.8M.
- 163 institutional investors held Empire District Electric (EDE) as of Q1 2016, up from 155 in Q4 2015.
- Funds reported $890M of Empire District Electric stock for Q1 2016, up 45% quarter-over-quarter.
- 39 funds opened new Empire District Electric positions in Q1 2016 and 29 closed out, a net change of +10 holders.
- The largest Empire District Electric buyer in Q1 2016 was Fidelity Investments, an estimated $97.4M added.
- The largest Empire District Electric seller in Q1 2016 was Robeco Institutional Asset Management, an estimated $28.8M sold.
Based on aggregated 13F filings for Q1 2016.