FirstEnergy
574 hedge funds and large institutions have $11.4B invested in FirstEnergy in 2017 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 204 increasing their positions, 191 reducing their positions, and 40 closing their positions.
138% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 40
34% more call options, than puts
Call options by funds: $78.8M | Put options by funds: $59M
10% more funds holding
Funds holding: 522 → 574 (+52)
2.2% more ownership
Funds ownership: 81.96% → 84.16% (+2.2%)
7% more repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 191
2% more capital invested
Capital invested by funds: $11.2B → $11.4B (+$215M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$96.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$90.1M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$70.8M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$64.5M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$106M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$43.2M |
| 3 |
Citigroup
New York
|
-$39.7M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$32.3M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$32.1M |
FE Hedge Fund Activity: Q4 2017 in Review
574 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q4 2017, worth a combined $11.4B — up 1.9% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new FE positions and 40 closed out — a net gain of 55 holders — while 204 added to existing stakes and 191 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $96.6M. The largest seller was Bank of New York Mellon, cutting an estimated $106M.
- 574 institutional investors held FirstEnergy (FE) as of Q4 2017, up from 522 in Q3 2017.
- Funds reported $11.4B of FirstEnergy stock for Q4 2017, up 1.9% quarter-over-quarter.
- 95 funds opened new FirstEnergy positions in Q4 2017 and 40 closed out, a net change of +55 holders.
- The largest FirstEnergy buyer in Q4 2017 was Renaissance Technologies, an estimated $96.6M added.
- The largest FirstEnergy seller in Q4 2017 was Bank of New York Mellon, an estimated $106M sold.
Based on aggregated 13F filings for Q4 2017.