FirstEnergy
600 hedge funds and large institutions have $16.5B invested in FirstEnergy in 2018 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 230 increasing their positions, 202 reducing their positions, and 54 closing their positions.
136% more call options, than puts
Call options by funds: $115M | Put options by funds: $48.8M
28% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 54
14% more repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 202
7% more capital invested
Capital invested by funds: $15.4B → $16.5B (+$1.14B)
2% more funds holding
Funds holding: 591 → 600 (+9)
1.26% more ownership
Funds ownership: 95.21% → 96.48% (+1.3%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
+$187M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$85.9M |
| 3 |
Renaissance Technologies
New York
|
+$77.1M |
| 4 |
Millennium Management
New York
|
+$59.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$58.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Lasry Marc
|
-$110M |
| 2 |
Goldman Sachs
New York
|
-$71.6M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$64.3M |
| 4 |
MCM
Mason Capital Management
New York
|
-$62M |
| 5 |
Bank of New York Mellon
New York
|
-$58.1M |
FE Hedge Fund Activity: Q2 2018 in Review
600 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q2 2018, worth a combined $16.5B — up 7.4% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new FE positions and 54 closed out — a net gain of 15 holders — while 230 added to existing stakes and 202 trimmed.
The largest buyer was PointState Capital, adding an estimated $187M. The largest seller was Lasry Marc, exiting entirely with an estimated $110M sold.
- 600 institutional investors held FirstEnergy (FE) as of Q2 2018, up from 591 in Q1 2018.
- Funds reported $16.5B of FirstEnergy stock for Q2 2018, up 7.4% quarter-over-quarter.
- 69 funds opened new FirstEnergy positions in Q2 2018 and 54 closed out, a net change of +15 holders.
- The largest FirstEnergy buyer in Q2 2018 was PointState Capital, an estimated $187M added.
- The largest FirstEnergy seller in Q2 2018 was Lasry Marc, an estimated $110M sold.
Based on aggregated 13F filings for Q2 2018.