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MGE Energy Inc
MGEE

198 hedge funds and large institutions have $1.55B invested in MGE Energy Inc in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 67 increasing their positions, 58 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more capital inflows, than outflows

Capital inflows: $109M | Capital outflows: $41.5M

16% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 58

2.43% more ownership

Funds ownership: 51.66% → 54.08% (+2.4%)

5% less funds holding

Funds holding: 208 → 198 (-10)

36% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 25

Holders
198
Holders Change
-10
Holders Change %
-4.81%
% of All Funds
3.1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
67
Reduced
58
Closed
25
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
First Trust Advisors
First Trust Advisors
Illinois
+$70.1M
2
JP Morgan Chase
JP Morgan Chase
New York
+$8.77M
3
Nuveen
Nuveen
North Carolina
+$5.69M
4
Royal London Asset Management
Royal London Asset Management
United Kingdom
+$3.26M
5
Victory Capital Management
Victory Capital Management
Texas
+$2.64M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$7.47M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$5.5M
3
Millennium Management
Millennium Management
New York
-$5.38M
4
Walleye Capital
Walleye Capital
New York
-$2.65M
5
HRT Financial
HRT Financial
New York
-$2.46M

MGEE Hedge Fund Activity: Q2 2023 in Review

198 of the 6,390 institutional investors tracked by Wall St. Rank reported a position in MGE Energy Inc (MGEE) for Q2 2023, worth a combined $1.55B — up 6.6% from $1.45B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of MGEE and 16 opened new positions — a net loss of 9 holders — while 58 trimmed existing stakes and 67 added.

The largest buyer was First Trust Advisors, adding an estimated $70.1M. The largest seller was Goldman Sachs, cutting an estimated $7.47M.

  • 198 institutional investors held MGE Energy Inc (MGEE) as of Q2 2023, down from 208 in Q1 2023.
  • Funds reported $1.55B of MGE Energy Inc stock for Q2 2023, up 6.6% quarter-over-quarter.
  • 16 funds opened new MGE Energy Inc positions in Q2 2023 and 25 closed out, a net change of -9 holders.
  • The largest MGE Energy Inc buyer in Q2 2023 was First Trust Advisors, an estimated $70.1M added.
  • The largest MGE Energy Inc seller in Q2 2023 was Goldman Sachs, an estimated $7.47M sold.

Based on aggregated 13F filings for Q2 2023.