FirstEnergy
634 hedge funds and large institutions have $21.8B invested in FirstEnergy in 2019 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 272 increasing their positions, 203 reducing their positions, and 68 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 203
1.54% more ownership
Funds ownership: 94.3% → 95.84% (+1.5%)
5% more capital invested
Capital invested by funds: $20.8B → $21.8B (+$1B)
3% less funds holding
Funds holding: 653 → 634 (-19)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
16% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 68
17% less call options, than puts
Call options by funds: $67.1M | Put options by funds: $80.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$587M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$352M |
| 3 |
Barclays
London,
United Kingdom
|
+$217M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$212M |
| 5 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$156M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$151M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$97.6M |
| 3 |
Millennium Management
New York
|
-$94.6M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$64.1M |
| 5 |
Renaissance Technologies
New York
|
-$62.9M |
FE Hedge Fund Activity: Q2 2019 in Review
634 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q2 2019, worth a combined $21.8B — up 4.8% from $20.8B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of FE and 57 opened new positions — a net loss of 11 holders — while 203 trimmed existing stakes and 272 added.
The largest buyer was Nuveen, adding an estimated $587M. The largest seller was Zimmer Partners, cutting an estimated $151M.
- 634 institutional investors held FirstEnergy (FE) as of Q2 2019, down from 653 in Q1 2019.
- Funds reported $21.8B of FirstEnergy stock for Q2 2019, up 4.8% quarter-over-quarter.
- 57 funds opened new FirstEnergy positions in Q2 2019 and 68 closed out, a net change of -11 holders.
- The largest FirstEnergy buyer in Q2 2019 was Nuveen, an estimated $587M added.
- The largest FirstEnergy seller in Q2 2019 was Zimmer Partners, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2019.