Gas Natural Inc.
EGAS
EGAS was delisted on the 3rd of August, 2017.
49 hedge funds and large institutions have $54.9M invested in Gas Natural Inc. in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 7 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $52.7M → $54.9M (+$2.15M)
9% less funds holding
Funds holding: 54 → 49 (-5)
26% less call options, than puts
Call options by funds: $237K | Put options by funds: $319K
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.35M |
| 2 |
HA
Havens Advisors
New York
|
+$1.27M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$533K |
| 4 |
BlackRock
New York
|
+$521K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$980K |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$816K |
| 3 |
Citigroup
New York
|
-$449K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$435K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
51
North Star Investment Management
Chicago,
Illinois
| – | -$176K | -14,000 | Closed |
|
52
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$141K | -11,201 | Closed |
|
53
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$128K | -10,166 | Closed |
|
54
EARNEST Partners
Atlanta,
Georgia
| – | -$13K | -1,000 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$4K | -353 | Closed |
|
EGAS Hedge Fund Activity: Q1 2017 in Review
49 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Gas Natural Inc. (EGAS) for Q1 2017, worth a combined $54.9M — up 4.1% from $52.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EGAS and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 15 added.
The largest buyer was K2 Principal Fund, adding an estimated $1.35M. The largest seller was Renaissance Technologies, cutting an estimated $980K.
- 49 institutional investors held Gas Natural Inc. (EGAS) as of Q1 2017, down from 54 in Q4 2016.
- Funds reported $54.9M of Gas Natural Inc. stock for Q1 2017, up 4.1% quarter-over-quarter.
- 5 funds opened new Gas Natural Inc. positions in Q1 2017 and 7 closed out, a net change of -2 holders.
- The largest Gas Natural Inc. buyer in Q1 2017 was K2 Principal Fund, an estimated $1.35M added.
- The largest Gas Natural Inc. seller in Q1 2017 was Renaissance Technologies, an estimated $980K sold.
Based on aggregated 13F filings for Q1 2017.