Just Energy Group Inc
JE
JE was delisted on the 22nd of March, 2021.
72 hedge funds and large institutions have $79.5M invested in Just Energy Group Inc in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 21 closing their positions.
2,300% more call options, than puts
Call options by funds: $8.95M | Put options by funds: $373K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 82 → 72 (-10)
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
55% less capital invested
Capital invested by funds: $175M → $79.5M (-$95.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$9.47M |
| 2 |
Morgan Stanley
New York
|
+$2.55M |
| 3 |
BC
Blackstart Capital
New York
|
+$1.98M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$1.96M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$8.73M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$7.97M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$7.85M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$5.89M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$3.71M |
JE Hedge Fund Activity: Q3 2019 in Review
72 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Just Energy Group Inc (JE) for Q3 2019, worth a combined $79.5M — down 55% from $175M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of JE and 11 opened new positions — a net loss of 10 holders — while 29 trimmed existing stakes and 19 added.
The largest buyer was Ardsley Advisory Partners, adding an estimated $9.47M. The largest seller was Bank of Montreal, cutting an estimated $8.73M.
- 72 institutional investors held Just Energy Group Inc (JE) as of Q3 2019, down from 82 in Q2 2019.
- Funds reported $79.5M of Just Energy Group Inc stock for Q3 2019, down 55% quarter-over-quarter.
- 11 funds opened new Just Energy Group Inc positions in Q3 2019 and 21 closed out, a net change of -10 holders.
- The largest Just Energy Group Inc buyer in Q3 2019 was Ardsley Advisory Partners, an estimated $9.47M added.
- The largest Just Energy Group Inc seller in Q3 2019 was Bank of Montreal, an estimated $8.73M sold.
Based on aggregated 13F filings for Q3 2019.