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 24 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 58
7% more capital invested
Capital invested by funds: $1.45B → $1.55B (+$99M)
2.43% more ownership
Funds ownership: 51.65% → 54.08% (+2.4%)
4% less funds holding
Funds holding: 207 → 198 (-9)
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$70.1M |
| 2 |
JP Morgan Chase
New York
|
+$8.77M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.69M |
| 4 |
Royal London Asset Management
United Kingdom
|
+$3.26M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.47M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.5M |
| 3 |
Millennium Management
New York
|
-$5.38M |
| 4 |
Walleye Capital
New York
|
-$2.65M |
| 5 |
HF
HRT Financial
New York
|
-$2.46M |
MGEE Hedge Fund Activity: Q2 2023 in Review
198 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in MGE Energy Inc (MGEE) for Q2 2023, worth a combined $1.55B — up 6.8% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MGEE and 16 opened new positions — a net loss of 8 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 207 in Q1 2023.
- Funds reported $1.55B of MGE Energy Inc stock for Q2 2023, up 6.8% quarter-over-quarter.
- 16 funds opened new MGE Energy Inc positions in Q2 2023 and 24 closed out, a net change of -8 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.