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Korea Electric Power

96 hedge funds and large institutions have $937M invested in Korea Electric Power in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

18% more capital invested

Capital invested by funds: $797M → $937M (+$140M)

7% more funds holding

Funds holding: 9096 (+6)

0.11% less ownership

Funds ownership: 8.84%8.72% (-0.11%)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

Holders
96
Holders Change
+6
Holders Change %
+6.67%
% of All Funds
2.79%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
17
Increased
26
Reduced
28
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SII
1
Silchester International Investors
United Kingdom
$534M
Jennison Associates
2
Jennison Associates
New York
$46.8M -$6.63M -459,980 -14%
DSC
3
Donald Smith & Co
New York
$43M -$240K -16,677 -0.6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$32.3M +$2.26M +156,860 +9%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$31.7M -$6.15M -426,628 -18%
Morgan Stanley
6
Morgan Stanley
New York
$21.6M +$105K +7,290 +0.6%
RFS
7
Rockefeller Financial Services
New York
$14.4M +$2.15M +149,109 +21%
CCM
8
Causeway Capital Management
California
$13.8M +$13.1M +908,679 New
NI
9
Numeric Investors
Massachusetts
$12.8M +$6.79M +471,606 +159%
GF
10
Gabelli Funds
New York
$12M +$274K +19,000 +3%
RFC
11
Russell Frank Company
Washington
$11.6M +$6.93M +481,285 +217%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$11.2M +$91.2K +6,332 +0.9%
NTCOC
13
Northern Trust Company of Connecticut
Connecticut
$10.2M
BFA
14
BlackRock Fund Advisors
California
$9.53M +$25.2K +1,747 +0.3%
Northern Trust
15
Northern Trust
Illinois
$9.21M +$7.21M +500,492 +922%
U
16
UBS
Switzerland
$8.72M -$1.55M -107,613 -17%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$8.25M +$7.15M +496,435 New
PPA
18
Parametric Portfolio Associates
Washington
$8.16M +$3.9M +270,579 +123%
H
19
Hexavest
Quebec, Canada
$8.11M -$65.9K -4,572 -0.9%
TWI
20
Thomas White International
Illinois
$8.09M +$450K +31,236 +7%
AG
21
Aperio Group
California
$7.92M -$5.06M -351,099 Closed
BG
22
BlackRock Group
United Kingdom
$7.66M -$1.02M -70,597 -13%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$7.63M -$11.4M -794,282 -63%
Ameriprise
24
Ameriprise
Minnesota
$6.33M +$2.76M +191,520 +101%
CS
25
Credit Suisse
Switzerland
$5.92M +$839K +58,271 +20%

KEP Hedge Fund Activity: Q4 2013 in Review

96 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Korea Electric Power (KEP) for Q4 2013, worth a combined $937M — up 18% from $797M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new KEP positions and 11 closed out — a net gain of 6 holders — while 26 added to existing stakes and 28 trimmed.

The largest buyer was Causeway Capital Management, opening a new position worth an estimated $13.1M. The largest seller was ING Group, exiting entirely with an estimated $31.9M sold.

  • 96 institutional investors held Korea Electric Power (KEP) as of Q4 2013, up from 90 in Q3 2013.
  • Funds reported $937M of Korea Electric Power stock for Q4 2013, up 18% quarter-over-quarter.
  • 17 funds opened new Korea Electric Power positions in Q4 2013 and 11 closed out, a net change of +6 holders.
  • The largest Korea Electric Power buyer in Q4 2013 was Causeway Capital Management, an estimated $13.1M added.
  • The largest Korea Electric Power seller in Q4 2013 was ING Group, an estimated $31.9M sold.

Based on aggregated 13F filings for Q4 2013.