Fuel Tech
FTEK
64 hedge funds and large institutions have $26.2M invested in Fuel Tech in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 18 closing their positions.
38% more call options, than puts
Call options by funds: $549K | Put options by funds: $397K
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
14% less funds holding
Funds holding: 74 → 64 (-10)
41% less capital invested
Capital invested by funds: $44.1M → $26.2M (-$17.9M)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$1.13M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$976K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$830K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$350K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.86M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.62M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.31M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.23M |
| 5 |
Renaissance Technologies
New York
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$80K | -10,600 | Closed |
|
|
DADC
77
D.A. Davidson & Co
Great Falls,
Montana
| – | -$20K | -2,928 | Closed |
|
|
RFC
78
Russell Frank Company
Seattle,
Washington
| – | -$13K | -1,700 | Closed |
|
79
Invesco
Atlanta,
Georgia
| – | -$7K | -1,000 | Closed |
|
|
DSC
80
Duncker Streett & Co
St. Louis,
Missouri
| – | -$1K | -200 | Closed |
|
FTEK Hedge Fund Activity: Q1 2014 in Review
64 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Fuel Tech (FTEK) for Q1 2014, worth a combined $26.2M — down 41% from $44.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FTEK and 8 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 16 added.
The largest buyer was Perritt Capital Management, opening a new position worth an estimated $1.13M. The largest seller was Bogle Investment Management, cutting an estimated $1.86M.
- 64 institutional investors held Fuel Tech (FTEK) as of Q1 2014, down from 74 in Q4 2013.
- Funds reported $26.2M of Fuel Tech stock for Q1 2014, down 41% quarter-over-quarter.
- 8 funds opened new Fuel Tech positions in Q1 2014 and 18 closed out, a net change of -10 holders.
- The largest Fuel Tech buyer in Q1 2014 was Perritt Capital Management, an estimated $1.13M added.
- The largest Fuel Tech seller in Q1 2014 was Bogle Investment Management, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2014.