FirstEnergy
644 hedge funds and large institutions have $17.7B invested in FirstEnergy in 2020 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 226 increasing their positions, 240 reducing their positions, and 84 closing their positions.
102% more call options, than puts
Call options by funds: $68.3M | Put options by funds: $33.8M
0.15% less ownership
Funds ownership: 85.12% → 84.97% (-0.15%)
4% less capital invested
Capital invested by funds: $18.4B → $17.7B (-$721M)
6% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 240
2% less funds holding
Funds holding: 657 → 644 (-13)
11% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 84
40% less funds holding in top 10
Funds holding in top 10: 20 → 12 (-8)
Top Buyers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$276M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$191M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$187M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$115M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$95.1M |
Top Sellers
| 1 |
Renaissance Technologies
New York
|
-$234M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$90.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$86.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$68.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$66.2M |
FE Hedge Fund Activity: Q2 2020 in Review
644 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q2 2020, worth a combined $17.7B — down 3.9% from $18.4B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of FE and 75 opened new positions — a net loss of 9 holders — while 240 trimmed existing stakes and 226 added.
The largest buyer was Wellington Management Group, adding an estimated $276M. The largest seller was Renaissance Technologies, cutting an estimated $234M.
- 644 institutional investors held FirstEnergy (FE) as of Q2 2020, down from 657 in Q1 2020.
- Funds reported $17.7B of FirstEnergy stock for Q2 2020, down 3.9% quarter-over-quarter.
- 75 funds opened new FirstEnergy positions in Q2 2020 and 84 closed out, a net change of -9 holders.
- The largest FirstEnergy buyer in Q2 2020 was Wellington Management Group, an estimated $276M added.
- The largest FirstEnergy seller in Q2 2020 was Renaissance Technologies, an estimated $234M sold.
Based on aggregated 13F filings for Q2 2020.