Energen
EGN
EGN was delisted on the 29th of November, 2018.
298 hedge funds and large institutions have $5B invested in Energen in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 110 increasing their positions, 96 reducing their positions, and 42 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 96
5% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 42
3% less capital invested
Capital invested by funds: $5.15B → $5B (-$154M)
3% less funds holding
Funds holding: 306 → 298 (-8)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
74% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $39.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$492M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$156M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$151M |
| 4 |
CM
Corvex Management
New York
|
+$72.8M |
| 5 |
EM
Elliott Management
New York
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$164M |
| 2 |
Millennium Management
New York
|
-$100M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$96.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$52.3M |
| 5 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$30.6M |
EGN Hedge Fund Activity: Q1 2017 in Review
298 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Energen (EGN) for Q1 2017, worth a combined $5B — down 3% from $5.15B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new EGN positions and 42 closed out — a net gain of 2 holders — while 110 added to existing stakes and 96 trimmed.
The largest buyer was BlackRock, adding an estimated $492M. The largest seller was Wellington Management Group, cutting an estimated $164M.
- 298 institutional investors held Energen (EGN) as of Q1 2017, down from 306 in Q4 2016.
- Funds reported $5B of Energen stock for Q1 2017, down 3% quarter-over-quarter.
- 44 funds opened new Energen positions in Q1 2017 and 42 closed out, a net change of +2 holders.
- The largest Energen buyer in Q1 2017 was BlackRock, an estimated $492M added.
- The largest Energen seller in Q1 2017 was Wellington Management Group, an estimated $164M sold.
Based on aggregated 13F filings for Q1 2017.