Energen
EGN
EGN was delisted on the 29th of November, 2018.
291 hedge funds and large institutions have $4.91B invested in Energen in 2017 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 111 increasing their positions, 89 reducing their positions, and 50 closing their positions.
169% more call options, than puts
Call options by funds: $145M | Put options by funds: $54M
25% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 89
2% less capital invested
Capital invested by funds: $5B → $4.91B (-$91M)
6% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 50
2% less funds holding
Funds holding: 298 → 291 (-7)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$302M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$52.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$52.4M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$46.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$37.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$53.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$38.4M |
| 3 |
BlackRock
New York
|
-$38M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$34.3M |
| 5 |
SCM
SIR Capital Management
New York
|
-$34.2M |
EGN Hedge Fund Activity: Q2 2017 in Review
291 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Energen (EGN) for Q2 2017, worth a combined $4.91B — down 1.8% from $5B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of EGN and 47 opened new positions — a net loss of 3 holders — while 89 trimmed existing stakes and 111 added.
The largest buyer was Corvex Management, adding an estimated $302M. The largest seller was Credit Suisse, cutting an estimated $53.4M.
- 291 institutional investors held Energen (EGN) as of Q2 2017, down from 298 in Q1 2017.
- Funds reported $4.91B of Energen stock for Q2 2017, down 1.8% quarter-over-quarter.
- 47 funds opened new Energen positions in Q2 2017 and 50 closed out, a net change of -3 holders.
- The largest Energen buyer in Q2 2017 was Corvex Management, an estimated $302M added.
- The largest Energen seller in Q2 2017 was Credit Suisse, an estimated $53.4M sold.
Based on aggregated 13F filings for Q2 2017.