Middlesex Water
MSEX
131 hedge funds and large institutions have $266M invested in Middlesex Water in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 17 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
6% less funds holding
Funds holding: 139 → 131 (-8)
15% less capital invested
Capital invested by funds: $312M → $266M (-$46M)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$3.98M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.31M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.18M |
| 4 |
Renaissance Technologies
New York
|
+$2.06M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
-$8.36M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.24M |
| 3 |
Millennium Management
New York
|
-$1.4M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.31M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$995K |
MSEX Hedge Fund Activity: Q3 2016 in Review
131 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Middlesex Water (MSEX) for Q3 2016, worth a combined $266M — down 15% from $312M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MSEX and 9 opened new positions — a net loss of 8 holders — while 38 trimmed existing stakes and 42 added.
The largest buyer was Calvert Investment Management, opening a new position worth an estimated $3.98M. The largest seller was TSP Capital Management Group, exiting entirely with an estimated $8.36M sold.
- 131 institutional investors held Middlesex Water (MSEX) as of Q3 2016, down from 139 in Q2 2016.
- Funds reported $266M of Middlesex Water stock for Q3 2016, down 15% quarter-over-quarter.
- 9 funds opened new Middlesex Water positions in Q3 2016 and 17 closed out, a net change of -8 holders.
- The largest Middlesex Water buyer in Q3 2016 was Calvert Investment Management, an estimated $3.98M added.
- The largest Middlesex Water seller in Q3 2016 was TSP Capital Management Group, an estimated $8.36M sold.
Based on aggregated 13F filings for Q3 2016.