Forum Energy Technologies
FET
65 hedge funds and large institutions have $149M invested in Forum Energy Technologies in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
197% more capital invested
Capital invested by funds: $50.1M → $149M (+$98.9M)
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more funds holding
Funds holding: 47 → 65 (+18)
22.71% more ownership
Funds ownership: 33.14% → 55.85% (+23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$32.7M |
| 2 |
KCP
Keyframe Capital Partners
New York
|
+$21.9M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$12.9M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$7.35M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.85M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.53M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$1.27M |
| 4 |
MAM
Monaco Asset Management
Monaco
|
-$308K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$285K |
FET Hedge Fund Activity: Q1 2023 in Review
65 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Forum Energy Technologies (FET) for Q1 2023, worth a combined $149M — up 197% from $50.1M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FET positions and 7 closed out — a net gain of 19 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $32.7M. The largest seller was Adage Capital Partners, cutting an estimated $1.85M.
- 65 institutional investors held Forum Energy Technologies (FET) as of Q1 2023, up from 47 in Q4 2022.
- Funds reported $149M of Forum Energy Technologies stock for Q1 2023, up 197% quarter-over-quarter.
- 26 funds opened new Forum Energy Technologies positions in Q1 2023 and 7 closed out, a net change of +19 holders.
- The largest Forum Energy Technologies buyer in Q1 2023 was Mackay Shields LLC, an estimated $32.7M added.
- The largest Forum Energy Technologies seller in Q1 2023 was Adage Capital Partners, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2023.