FirstEnergy
522 hedge funds and large institutions have $10.4B invested in FirstEnergy in 2017 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 216 increasing their positions, 174 reducing their positions, and 56 closing their positions.
60% more call options, than puts
Call options by funds: $92.2M | Put options by funds: $57.5M
24% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 174
2.05% more ownership
Funds ownership: 77.98% → 80.03% (+2.1%)
3% less funds holding
Funds holding: 536 → 522 (-14)
6% less capital invested
Capital invested by funds: $11B → $10.4B (-$623M)
11% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 56
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$250M |
| 2 |
BlackRock
New York
|
+$160M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$52.8M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$38.3M |
| 5 |
ECP
Electron Capital Partners
New York
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$111M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$70.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$70.4M |
| 4 |
Millennium Management
New York
|
-$61.4M |
| 5 |
PC
PointState Capital
New York
|
-$54.1M |
FE Hedge Fund Activity: Q2 2017 in Review
522 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q2 2017, worth a combined $10.4B — down 5.7% from $11B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of FE and 50 opened new positions — a net loss of 6 holders — while 174 trimmed existing stakes and 216 added.
The largest buyer was Vanguard Group, adding an estimated $250M. The largest seller was T. Rowe Price Associates, cutting an estimated $111M.
- 522 institutional investors held FirstEnergy (FE) as of Q2 2017, down from 536 in Q1 2017.
- Funds reported $10.4B of FirstEnergy stock for Q2 2017, down 5.7% quarter-over-quarter.
- 50 funds opened new FirstEnergy positions in Q2 2017 and 56 closed out, a net change of -6 holders.
- The largest FirstEnergy buyer in Q2 2017 was Vanguard Group, an estimated $250M added.
- The largest FirstEnergy seller in Q2 2017 was T. Rowe Price Associates, an estimated $111M sold.
Based on aggregated 13F filings for Q2 2017.