MGE Energy Inc
MGEE
255 hedge funds and large institutions have $1.65B invested in MGE Energy Inc in 2024 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 94 increasing their positions, 73 reducing their positions, and 14 closing their positions.
221% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 14
29% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 73
12% more funds holding
Funds holding: 227 → 255 (+28)
2.8% less ownership
Funds ownership: 63.97% → 61.17% (-2.8%)
9% less capital invested
Capital invested by funds: $1.82B → $1.65B (-$167M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$10.3M |
| 2 |
Millennium Management
New York
|
+$3.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.69M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.43M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$56.5M |
| 2 |
JP Morgan Chase
New York
|
-$12M |
| 3 |
BlackRock
New York
|
-$10M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.76M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$6.42M |
MGEE Hedge Fund Activity: Q2 2024 in Review
255 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in MGE Energy Inc (MGEE) for Q2 2024, worth a combined $1.65B — down 9.2% from $1.82B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new MGEE positions and 14 closed out — a net gain of 31 holders — while 94 added to existing stakes and 73 trimmed.
The largest buyer was Jane Street, adding an estimated $10.3M. The largest seller was First Trust Advisors, cutting an estimated $56.5M.
- 255 institutional investors held MGE Energy Inc (MGEE) as of Q2 2024, up from 227 in Q1 2024.
- Funds reported $1.65B of MGE Energy Inc stock for Q2 2024, down 9.2% quarter-over-quarter.
- 45 funds opened new MGE Energy Inc positions in Q2 2024 and 14 closed out, a net change of +31 holders.
- The largest MGE Energy Inc buyer in Q2 2024 was Jane Street, an estimated $10.3M added.
- The largest MGE Energy Inc seller in Q2 2024 was First Trust Advisors, an estimated $56.5M sold.
Based on aggregated 13F filings for Q2 2024.