FirstEnergy
450 hedge funds and large institutions have $10.7B invested in FirstEnergy in 2013 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 153 increasing their positions, 169 reducing their positions, and 54 closing their positions.
145% more call options, than puts
Call options by funds: $137M | Put options by funds: $55.9M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
4% less capital invested
Capital invested by funds: $11.1B → $10.7B (-$421M)
9% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 169
1.02% less ownership
Funds ownership: 71.4% → 70.38% (-1%)
5% less funds holding
Funds holding: 473 → 450 (-23)
35% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$122M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$30.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.3M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$23.6M |
| 5 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.5M |
| 2 |
First Eagle Investment Management
New York
|
-$84.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$61.7M |
| 4 |
Barclays
London,
United Kingdom
|
-$39.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$37.6M |
FE Hedge Fund Activity: Q3 2013 in Review
450 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q3 2013, worth a combined $10.7B — down 3.8% from $11.1B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of FE and 35 opened new positions — a net loss of 19 holders — while 169 trimmed existing stakes and 153 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $122M. The largest seller was Fidelity Investments, cutting an estimated $86.5M.
- 450 institutional investors held FirstEnergy (FE) as of Q3 2013, down from 473 in Q2 2013.
- Funds reported $10.7B of FirstEnergy stock for Q3 2013, down 3.8% quarter-over-quarter.
- 35 funds opened new FirstEnergy positions in Q3 2013 and 54 closed out, a net change of -19 holders.
- The largest FirstEnergy buyer in Q3 2013 was Boston Partners, an estimated $122M added.
- The largest FirstEnergy seller in Q3 2013 was Fidelity Investments, an estimated $86.5M sold.
Based on aggregated 13F filings for Q3 2013.