Edenor
34 hedge funds and large institutions have $105M invested in Edenor in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 9 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0.1% less ownership
Funds ownership: 0.84% → 0.74% (-0.1%)
11% less funds holding
Funds holding: 38 → 34 (-4)
19% less capital invested
Capital invested by funds: $129M → $105M (-$24.1M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$9.03M |
| 2 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$3.37M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.33M |
| 4 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$1.76M |
| 5 |
Renaissance Technologies
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$15.9M |
| 2 |
B
Barings
Charlotte,
North Carolina
|
-$3.56M |
| 3 |
BCM
Bienville Capital Management
New York
|
-$3.31M |
| 4 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$549K |
| 5 |
CHCM
Columbus Hill Capital Management
Short Hills,
New Jersey
|
-$475K |
EDN Hedge Fund Activity: Q2 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Edenor (EDN) for Q2 2017, worth a combined $105M — down 19% from $129M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EDN and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $9.03M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $15.9M sold.
- 34 institutional investors held Edenor (EDN) as of Q2 2017, down from 38 in Q1 2017.
- Funds reported $105M of Edenor stock for Q2 2017, down 19% quarter-over-quarter.
- 6 funds opened new Edenor positions in Q2 2017 and 9 closed out, a net change of -3 holders.
- The largest Edenor buyer in Q2 2017 was Fiera Capital (Canada), an estimated $9.03M added.
- The largest Edenor seller in Q2 2017 was SPX Gestao de Recursos, an estimated $15.9M sold.
Based on aggregated 13F filings for Q2 2017.