Forum Energy Technologies
FET
132 hedge funds and large institutions have $410M invested in Forum Energy Technologies in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 41 reducing their positions, and 33 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.05% less ownership
Funds ownership: 4.65% → 4.6% (-0.05%)
7% less funds holding
Funds holding: 142 → 132 (-10)
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
61% less capital invested
Capital invested by funds: $1.05B → $410M (-$639M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$29.5M |
| 2 |
Millennium Management
New York
|
+$19.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.24M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$39.7M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$30.1M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$13.2M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$12.4M |
| 5 |
ClearBridge Investments
New York
|
-$8.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WSTAM
151
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$6K | -28 | Closed |
|
|
PG
152
Patten Group
Chattanooga,
Tennessee
| – | -$4K | -21 | Closed |
|
153
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4K | -19 | Closed |
|
|
FHA
154
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$3K | -13 | Closed |
|
|
APP
155
Avantax Planning Partners
Dubuque,
Iowa
| – | -$2K | -10 | Closed |
|
|
SPIA
156
Steward Partners Investment Advisory
New York
| – | -$2K | -8 | Closed |
|
|
SWP
157
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -6 | Closed |
|
|
TRCT
158
Tower Research Capital (TRC)
New York
| – | +$151 | +1 | +33% |
|
|
AIA
159
Alera Investment Advisors
Deerfield,
Illinois
| – | +$302 | +2 | New |
|
|
GWS
160
Glassman Wealth Services
Vienna,
Virginia
| – | +$453 | +3 | New |
|
FET Hedge Fund Activity: Q4 2018 in Review
132 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Forum Energy Technologies (FET) for Q4 2018, worth a combined $410M — down 61% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FET and 24 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 44 added.
The largest buyer was Perella Weinberg Partners Capital Management, opening a new position worth an estimated $29.5M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $39.7M sold.
- 132 institutional investors held Forum Energy Technologies (FET) as of Q4 2018, down from 142 in Q3 2018.
- Funds reported $410M of Forum Energy Technologies stock for Q4 2018, down 61% quarter-over-quarter.
- 24 funds opened new Forum Energy Technologies positions in Q4 2018 and 33 closed out, a net change of -9 holders.
- The largest Forum Energy Technologies buyer in Q4 2018 was Perella Weinberg Partners Capital Management, an estimated $29.5M added.
- The largest Forum Energy Technologies seller in Q4 2018 was Vaughan Nelson Investment Management, an estimated $39.7M sold.
Based on aggregated 13F filings for Q4 2018.