FirstEnergy
457 hedge funds and large institutions have $10.4B invested in FirstEnergy in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 148 increasing their positions, 175 reducing their positions, and 48 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
1.64% more ownership
Funds ownership: 72.66% → 74.3% (+1.6%)
2% less call options, than puts
Call options by funds: $86.8M | Put options by funds: $88.2M
2% less capital invested
Capital invested by funds: $10.6B → $10.4B (-$169M)
4% less funds holding
Funds holding: 478 → 457 (-21)
15% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 175
40% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$494M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$136M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$129M |
| 4 |
T
TOBAM
Paris,
France
|
+$48M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$38.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$98.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$85.7M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$65.2M |
| 4 |
Morgan Stanley
New York
|
-$55.4M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$43.4M |
FE Hedge Fund Activity: Q3 2014 in Review
457 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q3 2014, worth a combined $10.4B — down 1.6% from $10.6B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of FE and 29 opened new positions — a net loss of 19 holders — while 175 trimmed existing stakes and 148 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $494M. The largest seller was Putnam Investments, cutting an estimated $98.6M.
- 457 institutional investors held FirstEnergy (FE) as of Q3 2014, down from 478 in Q2 2014.
- Funds reported $10.4B of FirstEnergy stock for Q3 2014, down 1.6% quarter-over-quarter.
- 29 funds opened new FirstEnergy positions in Q3 2014 and 48 closed out, a net change of -19 holders.
- The largest FirstEnergy buyer in Q3 2014 was T. Rowe Price Associates, an estimated $494M added.
- The largest FirstEnergy seller in Q3 2014 was Putnam Investments, an estimated $98.6M sold.
Based on aggregated 13F filings for Q3 2014.