Fuel Tech
FTEK
59 hedge funds and large institutions have $23M invested in Fuel Tech in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
50% more call options, than puts
Call options by funds: $9K | Put options by funds: $6K
5% more funds holding
Funds holding: 56 → 59 (+3)
4% more capital invested
Capital invested by funds: $22.1M → $23M (+$952K)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Leonard Capital Management
Vero Beach,
Florida
|
+$1.27M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$398K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$213K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$129K |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.94M |
| 2 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$679K |
| 3 |
Renaissance Technologies
New York
|
-$244K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$138K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $2K | +$1.99K | +500 | New |
|
|
DSC
52
Duncker Streett & Co
St. Louis,
Missouri
| $1K | – | – | – |
|
|
HF
53
Hoxton Financial
Shepherdstown,
West Virginia
| $1K | – | – | – |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
EA
55
Ecofin Advisors
London,
United Kingdom
| $400 | -$1.58K | -398 | -100% |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3 | – | – | – |
|
|
RCM
57
Rutabaga Capital Management
Boston,
Massachusetts
| – | -$2.94M | -767,052 | Closed |
|
|
TC
58
TFS Capital
West Chester,
Pennsylvania
| – | -$84K | -22,018 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$9K | -2,440 | Closed |
|
|
SIA
60
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$5K | -1,300 | Closed |
|
|
AIG
61
American International Group
New York
| – | -$1.92K | -500 | Closed |
|
FTEK Hedge Fund Activity: Q3 2013 in Review
59 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Fuel Tech (FTEK) for Q3 2013, worth a combined $23M — up 4.3% from $22.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTEK positions and 5 closed out — a net gain of 5 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Leonard Capital Management, opening a new position worth an estimated $1.27M. The largest seller was Rutabaga Capital Management, exiting entirely with an estimated $2.94M sold.
- 59 institutional investors held Fuel Tech (FTEK) as of Q3 2013, up from 56 in Q2 2013.
- Funds reported $23M of Fuel Tech stock for Q3 2013, up 4.3% quarter-over-quarter.
- 10 funds opened new Fuel Tech positions in Q3 2013 and 5 closed out, a net change of +5 holders.
- The largest Fuel Tech buyer in Q3 2013 was Leonard Capital Management, an estimated $1.27M added.
- The largest Fuel Tech seller in Q3 2013 was Rutabaga Capital Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q3 2013.