FirstEnergy
620 hedge funds and large institutions have $18B invested in FirstEnergy in 2018 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 214 increasing their positions, 202 reducing their positions, and 89 closing their positions.
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
6% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 202
3% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 89
0% more capital invested
Capital invested by funds: $18B → $18B (+$3.67M)
0% less funds holding
Funds holding: 623 → 620 (-3)
3% less call options, than puts
Call options by funds: $71.5M | Put options by funds: $73.9M
5.46% less ownership
Funds ownership: 99.9% → 94.43% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$119M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$99M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$89.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$59.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$177M |
| 2 |
Bank of New York Mellon
New York
|
-$163M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$106M |
| 4 |
Millennium Management
New York
|
-$62.5M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$59.5M |
FE Hedge Fund Activity: Q4 2018 in Review
620 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q4 2018, worth a combined $18B — up 0.02% from $18B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new FE positions and 89 closed out — a net gain of 3 holders — while 214 added to existing stakes and 202 trimmed.
The largest buyer was Vanguard Group, adding an estimated $119M. The largest seller was LSV Asset Management, cutting an estimated $177M.
- 620 institutional investors held FirstEnergy (FE) as of Q4 2018, down from 623 in Q3 2018.
- Funds reported $18B of FirstEnergy stock for Q4 2018, up 0.02% quarter-over-quarter.
- 92 funds opened new FirstEnergy positions in Q4 2018 and 89 closed out, a net change of +3 holders.
- The largest FirstEnergy buyer in Q4 2018 was Vanguard Group, an estimated $119M added.
- The largest FirstEnergy seller in Q4 2018 was LSV Asset Management, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2018.