Korea Electric Power
90 hedge funds and large institutions have $797M invested in Korea Electric Power in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 32 reducing their positions, and 13 closing their positions.
17% more capital invested
Capital invested by funds: $683M → $797M (+$113M)
0.37% less ownership
Funds ownership: 9.21% → 8.84% (-0.37%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 92 → 90 (-2)
19% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $764K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$26.4M |
| 2 |
TWI
Thomas White International
Chicago,
Illinois
|
+$5.96M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$3.81M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.42M |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICP
Indus Capital Partners
New York
|
-$10.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$8.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.22M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$7.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
New York State Common Retirement Fund
Albany,
New York
| – | -$47K | -4,190 | Closed |
|
|
GT
102
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$19K | -1,698 | Closed |
|
103
Bessemer Group
Woodbridge,
New Jersey
| – | -$10K | -906 | Closed |
|
KEP Hedge Fund Activity: Q3 2013 in Review
90 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Korea Electric Power (KEP) for Q3 2013, worth a combined $797M — up 17% from $683M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KEP and 12 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 26 added.
The largest buyer was Jennison Associates, adding an estimated $26.4M. The largest seller was Indus Capital Partners, exiting entirely with an estimated $10.8M sold.
- 90 institutional investors held Korea Electric Power (KEP) as of Q3 2013, down from 92 in Q2 2013.
- Funds reported $797M of Korea Electric Power stock for Q3 2013, up 17% quarter-over-quarter.
- 12 funds opened new Korea Electric Power positions in Q3 2013 and 13 closed out, a net change of -1 holder.
- The largest Korea Electric Power buyer in Q3 2013 was Jennison Associates, an estimated $26.4M added.
- The largest Korea Electric Power seller in Q3 2013 was Indus Capital Partners, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2013.