FirstEnergy
536 hedge funds and large institutions have $11B invested in FirstEnergy in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 222 increasing their positions, 170 reducing their positions, and 51 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 170
3% more capital invested
Capital invested by funds: $10.6B → $11B (+$366M)
4% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 51
2% less funds holding
Funds holding: 548 → 536 (-12)
2.38% less ownership
Funds ownership: 80.37% → 77.98% (-2.4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
79% less call options, than puts
Call options by funds: $78.2M | Put options by funds: $368M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.16B |
| 2 |
Bank of New York Mellon
New York
|
+$159M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$73.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$66.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$58.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$266M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$253M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$149M |
| 4 |
Goldman Sachs
New York
|
-$47.8M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$45.1M |
FE Hedge Fund Activity: Q1 2017 in Review
536 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q1 2017, worth a combined $11B — up 3.5% from $10.6B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of FE and 49 opened new positions — a net loss of 2 holders — while 170 trimmed existing stakes and 222 added.
The largest buyer was BlackRock, adding an estimated $1.16B. The largest seller was State Street, cutting an estimated $266M.
- 536 institutional investors held FirstEnergy (FE) as of Q1 2017, down from 548 in Q4 2016.
- Funds reported $11B of FirstEnergy stock for Q1 2017, up 3.5% quarter-over-quarter.
- 49 funds opened new FirstEnergy positions in Q1 2017 and 51 closed out, a net change of -2 holders.
- The largest FirstEnergy buyer in Q1 2017 was BlackRock, an estimated $1.16B added.
- The largest FirstEnergy seller in Q1 2017 was State Street, an estimated $266M sold.
Based on aggregated 13F filings for Q1 2017.