MGE Energy Inc
MGEE
227 hedge funds and large institutions have $1.82B invested in MGE Energy Inc in 2024 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 78 increasing their positions, 72 reducing their positions, and 43 closing their positions.
31% more capital invested
Capital invested by funds: $1.39B → $1.82B (+$432M)
10.83% more ownership
Funds ownership: 53.14% → 63.97% (+11%)
8% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 72
1% less funds holding
Funds holding: 229 → 227 (-2)
2% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$205M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$54.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$33M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$76.5M |
| 2 |
Morgan Stanley
New York
|
-$9.08M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.46M |
| 4 |
JP Morgan Chase
New York
|
-$7.52M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$6.27M |
MGEE Hedge Fund Activity: Q1 2024 in Review
227 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MGE Energy Inc (MGEE) for Q1 2024, worth a combined $1.82B — up 31% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MGEE and 42 opened new positions — a net loss of 1 holder — while 72 trimmed existing stakes and 78 added.
The largest buyer was BlackRock, adding an estimated $205M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $76.5M.
- 227 institutional investors held MGE Energy Inc (MGEE) as of Q1 2024, down from 229 in Q4 2023.
- Funds reported $1.82B of MGE Energy Inc stock for Q1 2024, up 31% quarter-over-quarter.
- 42 funds opened new MGE Energy Inc positions in Q1 2024 and 43 closed out, a net change of -1 holder.
- The largest MGE Energy Inc buyer in Q1 2024 was BlackRock, an estimated $205M added.
- The largest MGE Energy Inc seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $76.5M sold.
Based on aggregated 13F filings for Q1 2024.