FirstEnergy
620 hedge funds and large institutions have $23.2B invested in FirstEnergy in 2019 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 240 increasing their positions, 213 reducing their positions, and 72 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 213
6% more capital invested
Capital invested by funds: $21.8B → $23.2B (+$1.4B)
4% less call options, than puts
Call options by funds: $86M | Put options by funds: $89.5M
2% less funds holding
Funds holding: 634 → 620 (-14)
6.81% less ownership
Funds ownership: 95.9% → 89.09% (-6.8%)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
15% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$127M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$96M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70.5M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$69.2M |
| 5 |
Millennium Management
New York
|
+$67.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$1.07B |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$261M |
| 3 |
ZP
Zimmer Partners
New York
|
-$195M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$120M |
| 5 |
Two Sigma Investments
New York
|
-$72.2M |
FE Hedge Fund Activity: Q3 2019 in Review
620 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q3 2019, worth a combined $23.2B — up 6.4% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of FE and 61 opened new positions — a net loss of 11 holders — while 213 trimmed existing stakes and 240 added.
The largest buyer was Boston Partners, adding an estimated $127M. The largest seller was Elliott Management, exiting entirely with an estimated $1.07B sold.
- 620 institutional investors held FirstEnergy (FE) as of Q3 2019, down from 634 in Q2 2019.
- Funds reported $23.2B of FirstEnergy stock for Q3 2019, up 6.4% quarter-over-quarter.
- 61 funds opened new FirstEnergy positions in Q3 2019 and 72 closed out, a net change of -11 holders.
- The largest FirstEnergy buyer in Q3 2019 was Boston Partners, an estimated $127M added.
- The largest FirstEnergy seller in Q3 2019 was Elliott Management, an estimated $1.07B sold.
Based on aggregated 13F filings for Q3 2019.