FirstEnergy
682 hedge funds and large institutions have $22.1B invested in FirstEnergy in 2019 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 233 increasing their positions, 228 reducing their positions, and 36 closing their positions.
211% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 36
10% more funds holding
Funds holding: 620 → 682 (+62)
2% more repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 228
5% less capital invested
Capital invested by funds: $23.2B → $22.1B (-$1.13B)
5% less ownership
Funds ownership: 89.09% → 84.1% (-5%)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
26% less call options, than puts
Call options by funds: $70.6M | Put options by funds: $95.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$99.5M |
| 2 |
BlackRock
New York
|
+$97.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$96.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$86.3M |
| 5 |
Two Sigma Advisers
New York
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$918M |
| 2 |
Barclays
London,
United Kingdom
|
-$329M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$297M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$169M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$134M |
FE Hedge Fund Activity: Q4 2019 in Review
682 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in FirstEnergy (FE) for Q4 2019, worth a combined $22.1B — down 4.9% from $23.2B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new FE positions and 36 closed out — a net gain of 76 holders — while 233 added to existing stakes and 228 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $99.5M. The largest seller was Zimmer Partners, cutting an estimated $918M.
- 682 institutional investors held FirstEnergy (FE) as of Q4 2019, up from 620 in Q3 2019.
- Funds reported $22.1B of FirstEnergy stock for Q4 2019, down 4.9% quarter-over-quarter.
- 112 funds opened new FirstEnergy positions in Q4 2019 and 36 closed out, a net change of +76 holders.
- The largest FirstEnergy buyer in Q4 2019 was Point72 Asset Management, an estimated $99.5M added.
- The largest FirstEnergy seller in Q4 2019 was Zimmer Partners, an estimated $918M sold.
Based on aggregated 13F filings for Q4 2019.