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MGE Energy Inc

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.

New
Increased
Maintained
Reduced
Closed

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: 207198 (-9)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

Holders
198
Holders Change
-9
Holders Change %
-4.35%
% of All Funds
3.11%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
67
Reduced
58
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$330M -$2.15M -28,021 -0.7%
BlackRock
2
BlackRock
New York
$223M +$2.08M +27,156 +1%
T. Rowe Price Investment Management
3
T. Rowe Price Investment Management
Maryland
$211M +$157K +2,047 +0.1%
Victory Capital Management
4
Victory Capital Management
Texas
$88.6M +$2.64M +34,428 +3%
State Street
5
State Street
Massachusetts
$76.8M -$119K -1,556 -0.2%
First Trust Advisors
6
First Trust Advisors
Illinois
$73.5M +$70.1M +912,577 +5,546%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$59.7M +$216K +2,812 +0.4%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$58.2M +$1.2M +15,687 +2%
Goldman Sachs
9
Goldman Sachs
New York
$34.3M -$7.47M -97,337 -18%
Northern Trust
10
Northern Trust
Illinois
$33.9M +$213K +2,774 +0.7%
GF
11
Gabelli Funds
New York
$31.4M
SAM
12
Silvercrest Asset Management
New York
$30.4M -$181K -2,357 -0.6%
Charles Schwab
13
Charles Schwab
California
$29.2M +$910K +11,856 +3%
N
14
Nuveen
North Carolina
$24.5M +$5.69M +74,077 +31%
JP Morgan Chase
15
JP Morgan Chase
New York
$23M +$8.77M +114,273 +65%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$22.6M -$334K -4,344 -2%
Royal London Asset Management
17
Royal London Asset Management
United Kingdom
$20.8M +$3.26M +42,526 +19%
Morgan Stanley
18
Morgan Stanley
New York
$14.4M +$1.8M +23,411 +15%
Legal & General Group
19
Legal & General Group
United Kingdom
$11.5M -$939K -12,233 -8%
Swiss National Bank
20
Swiss National Bank
Switzerland
$6.23M +$53.7K +700 +0.9%
Invesco
21
Invesco
Georgia
$5.07M -$84.9K -1,106 -2%
COPPSERS
22
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.79M +$409K +5,329 +10%
UBS Group
23
UBS Group
Switzerland
$4.73M +$1.09M +14,247 +31%
UBS AM
24
UBS AM
Illinois
$4.63M
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$4.23M -$763K -9,935 -16%

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.