Forum Energy Technologies
FET
118 hedge funds and large institutions have $2.43B invested in Forum Energy Technologies in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 37 reducing their positions, and 13 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 37
4% more capital invested
Capital invested by funds: $2.34B → $2.43B (+$83.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.05% less ownership
Funds ownership: 4.68% → 4.63% (-0.05%)
1% less funds holding
Funds holding: 119 → 118 (-1)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
52% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $2.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.8M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$18.8M |
| 3 |
JP Morgan Chase
New York
|
+$17.3M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$15M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
SCF Partners
Houston,
Texas
|
-$170M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$13.8M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$9.88M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.46M |
| 5 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$6.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
PDT Partners
New York
| – | -$427K | -791 | Closed |
|
|
MIU
127
Man Investments (UK)
London,
United Kingdom
| – | -$329K | -608 | Closed |
|
|
ARTA
128
A.R.T. Advisors
New York
| – | -$304K | -564 | Closed |
|
|
TC
129
TFS Capital
West Chester,
Pennsylvania
| – | -$259K | -479 | Closed |
|
130
SG Americas Securities
New York
| – | -$189K | -351 | Closed |
|
131
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$23K | -43 | Closed |
|
FET Hedge Fund Activity: Q4 2013 in Review
118 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Forum Energy Technologies (FET) for Q4 2013, worth a combined $2.43B — up 3.6% from $2.34B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FET and 12 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 57 added.
The largest buyer was Fidelity Investments, adding an estimated $29.8M. The largest seller was SCF Partners, cutting an estimated $170M.
- 118 institutional investors held Forum Energy Technologies (FET) as of Q4 2013, down from 119 in Q3 2013.
- Funds reported $2.43B of Forum Energy Technologies stock for Q4 2013, up 3.6% quarter-over-quarter.
- 12 funds opened new Forum Energy Technologies positions in Q4 2013 and 13 closed out, a net change of -1 holder.
- The largest Forum Energy Technologies buyer in Q4 2013 was Fidelity Investments, an estimated $29.8M added.
- The largest Forum Energy Technologies seller in Q4 2013 was SCF Partners, an estimated $170M sold.
Based on aggregated 13F filings for Q4 2013.