MGE Energy Inc
MGEE
229 hedge funds and large institutions have $1.39B invested in MGE Energy Inc in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 80 increasing their positions, 66 reducing their positions, and 10 closing their positions.
310% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 10
21% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 66
14% more funds holding
Funds holding: 201 → 229 (+28)
5% more capital invested
Capital invested by funds: $1.32B → $1.39B (+$71.7M)
0.05% less ownership
Funds ownership: 53.19% → 53.14% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.3M |
| 2 |
BlackRock
New York
|
+$10M |
| 3 |
Millennium Management
New York
|
+$8.22M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.28M |
| 5 |
STCG
Speece Thorson Capital Group
Minnetonka,
Minnesota
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$66.5M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$35M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.66M |
| 4 |
Royal London Asset Management
United Kingdom
|
-$3.62M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.48M |
MGEE Hedge Fund Activity: Q4 2023 in Review
229 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MGE Energy Inc (MGEE) for Q4 2023, worth a combined $1.39B — up 5.4% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new MGEE positions and 10 closed out — a net gain of 31 holders — while 80 added to existing stakes and 66 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.3M. The largest seller was First Trust Advisors, cutting an estimated $66.5M.
- 229 institutional investors held MGE Energy Inc (MGEE) as of Q4 2023, up from 201 in Q3 2023.
- Funds reported $1.39B of MGE Energy Inc stock for Q4 2023, up 5.4% quarter-over-quarter.
- 41 funds opened new MGE Energy Inc positions in Q4 2023 and 10 closed out, a net change of +31 holders.
- The largest MGE Energy Inc buyer in Q4 2023 was Morgan Stanley, an estimated $19.3M added.
- The largest MGE Energy Inc seller in Q4 2023 was First Trust Advisors, an estimated $66.5M sold.
Based on aggregated 13F filings for Q4 2023.