FirstEnergy
657 hedge funds and large institutions have $18.4B invested in FirstEnergy in 2020 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 210 increasing their positions, 263 reducing their positions, and 104 closing their positions.
82% more funds holding in top 10
Funds holding in top 10: 11 → 20 (+9)
78% more call options, than puts
Call options by funds: $69.2M | Put options by funds: $38.8M
1.03% more ownership
Funds ownership: 84.1% → 85.12% (+1%)
4% less funds holding
Funds holding: 682 → 657 (-25)
15% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 104
17% less capital invested
Capital invested by funds: $22.1B → $18.4B (-$3.65B)
20% less repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 263
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$223M |
| 2 |
ZP
Zimmer Partners
New York
|
+$90.7M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$88.5M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$84.8M |
| 5 |
Renaissance Technologies
New York
|
+$82.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$151M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$94.9M |
| 3 |
Cohen & Steers
New York
|
-$84.8M |
| 4 |
ECP
Electron Capital Partners
New York
|
-$75.6M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$71.9M |
FE Hedge Fund Activity: Q1 2020 in Review
657 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q1 2020, worth a combined $18.4B — down 17% from $22.1B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of FE and 88 opened new positions — a net loss of 16 holders — while 263 trimmed existing stakes and 210 added.
The largest buyer was Pictet Asset Management (UK), adding an estimated $223M. The largest seller was Causeway Capital Management, exiting entirely with an estimated $151M sold.
- 657 institutional investors held FirstEnergy (FE) as of Q1 2020, down from 682 in Q4 2019.
- Funds reported $18.4B of FirstEnergy stock for Q1 2020, down 17% quarter-over-quarter.
- 88 funds opened new FirstEnergy positions in Q1 2020 and 104 closed out, a net change of -16 holders.
- The largest FirstEnergy buyer in Q1 2020 was Pictet Asset Management (UK), an estimated $223M added.
- The largest FirstEnergy seller in Q1 2020 was Causeway Capital Management, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2020.