FirstEnergy
471 hedge funds and large institutions have $10.3B invested in FirstEnergy in 2014 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 165 increasing their positions, 166 reducing their positions, and 72 closing their positions.
26% more call options, than puts
Call options by funds: $86.9M | Put options by funds: $68.9M
7% more capital invested
Capital invested by funds: $9.67B → $10.3B (+$662M)
2.31% more ownership
Funds ownership: 70.62% → 72.93% (+2.3%)
1% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 166
6% less funds holding
Funds holding: 501 → 471 (-30)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
29% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$182M |
| 2 |
Goldman Sachs
New York
|
+$96.5M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$71.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$69.7M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$63.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$143M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$60.9M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$60.3M |
| 4 |
Two Sigma Investments
New York
|
-$50.1M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$41.8M |
FE Hedge Fund Activity: Q1 2014 in Review
471 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q1 2014, worth a combined $10.3B — up 6.8% from $9.67B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of FE and 51 opened new positions — a net loss of 21 holders — while 166 trimmed existing stakes and 165 added.
The largest buyer was JP Morgan Chase, adding an estimated $182M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $143M sold.
- 471 institutional investors held FirstEnergy (FE) as of Q1 2014, down from 501 in Q4 2013.
- Funds reported $10.3B of FirstEnergy stock for Q1 2014, up 6.8% quarter-over-quarter.
- 51 funds opened new FirstEnergy positions in Q1 2014 and 72 closed out, a net change of -21 holders.
- The largest FirstEnergy buyer in Q1 2014 was JP Morgan Chase, an estimated $182M added.
- The largest FirstEnergy seller in Q1 2014 was First Eagle Investment Management, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2014.