FirstEnergy
523 hedge funds and large institutions have $11.3B invested in FirstEnergy in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 203 increasing their positions, 186 reducing their positions, and 45 closing their positions.
86% more call options, than puts
Call options by funds: $107M | Put options by funds: $57.4M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
13% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 45
9% more capital invested
Capital invested by funds: $10.4B → $11.3B (+$930M)
2.37% more ownership
Funds ownership: 80.03% → 82.4% (+2.4%)
9% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 186
0% more funds holding
Funds holding: 522 → 523 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$228M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$166M |
| 3 |
Goldman Sachs
New York
|
+$115M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$71.9M |
| 5 |
TA
Teachers Advisors
New York
|
+$65.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$154M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$114M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$42.5M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$42.3M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$39.7M |
FE Hedge Fund Activity: Q3 2017 in Review
523 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q3 2017, worth a combined $11.3B — up 9% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FE positions and 45 closed out — a net gain of 6 holders — while 203 added to existing stakes and 186 trimmed.
The largest buyer was BlackRock, adding an estimated $228M. The largest seller was Luminus Management, cutting an estimated $154M.
- 523 institutional investors held FirstEnergy (FE) as of Q3 2017, up from 522 in Q2 2017.
- Funds reported $11.3B of FirstEnergy stock for Q3 2017, up 9% quarter-over-quarter.
- 51 funds opened new FirstEnergy positions in Q3 2017 and 45 closed out, a net change of +6 holders.
- The largest FirstEnergy buyer in Q3 2017 was BlackRock, an estimated $228M added.
- The largest FirstEnergy seller in Q3 2017 was Luminus Management, an estimated $154M sold.
Based on aggregated 13F filings for Q3 2017.