FirstEnergy
521 hedge funds and large institutions have $10.6B invested in FirstEnergy in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 191 increasing their positions, 196 reducing their positions, and 37 closing their positions.
457% more call options, than puts
Call options by funds: $218M | Put options by funds: $39.1M
0.6% less ownership
Funds ownership: 76.04% → 75.44% (-0.6%)
3% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 196
3% less funds holding
Funds holding: 535 → 521 (-14)
6% less capital invested
Capital invested by funds: $11.3B → $10.6B (-$672M)
19% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 37
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$118M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$81.1M |
| 3 |
Millennium Management
New York
|
+$57.2M |
| 4 |
Renaissance Technologies
New York
|
+$57.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$139M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$114M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$84.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$62.6M |
| 5 |
Two Sigma Investments
New York
|
-$53.9M |
FE Hedge Fund Activity: Q3 2016 in Review
521 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q3 2016, worth a combined $10.6B — down 6% from $11.3B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of FE and 30 opened new positions — a net loss of 7 holders — while 196 trimmed existing stakes and 191 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $118M. The largest seller was T. Rowe Price Associates, cutting an estimated $139M.
- 521 institutional investors held FirstEnergy (FE) as of Q3 2016, down from 535 in Q2 2016.
- Funds reported $10.6B of FirstEnergy stock for Q3 2016, down 6% quarter-over-quarter.
- 30 funds opened new FirstEnergy positions in Q3 2016 and 37 closed out, a net change of -7 holders.
- The largest FirstEnergy buyer in Q3 2016 was Balyasny Asset Management, an estimated $118M added.
- The largest FirstEnergy seller in Q3 2016 was T. Rowe Price Associates, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2016.