New Fortress Energy
250 hedge funds and large institutions have $4.61B invested in New Fortress Energy in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 94 increasing their positions, 82 reducing their positions, and 30 closing their positions.
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
33% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $18.3M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
22% more capital invested
Capital invested by funds: $3.79B → $4.61B (+$823M)
15% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 82
4% more funds holding
Funds holding: 241 → 250 (+9)
3.27% more ownership
Funds ownership: 56.37% → 59.64% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$100M |
| 2 |
Morgan Stanley
New York
|
+$86.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$39.7M |
| 5 |
MGIM
M&G Investment Management
London,
United Kingdom
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$42.4M |
| 2 |
TC
Teilinger Capital
Houston,
Texas
|
-$24.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23.8M |
| 4 |
PC
PointState Capital
New York
|
-$22.3M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$10.4M |
NFE Hedge Fund Activity: Q4 2023 in Review
250 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q4 2023, worth a combined $4.61B — up 22% from $3.79B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new NFE positions and 30 closed out — a net gain of 10 holders — while 94 added to existing stakes and 82 trimmed.
The largest buyer was Primecap Management, adding an estimated $100M. The largest seller was HITE Hedge Asset Management, cutting an estimated $42.4M.
- 250 institutional investors held New Fortress Energy (NFE) as of Q4 2023, up from 241 in Q3 2023.
- Funds reported $4.61B of New Fortress Energy stock for Q4 2023, up 22% quarter-over-quarter.
- 40 funds opened new New Fortress Energy positions in Q4 2023 and 30 closed out, a net change of +10 holders.
- The largest New Fortress Energy buyer in Q4 2023 was Primecap Management, an estimated $100M added.
- The largest New Fortress Energy seller in Q4 2023 was HITE Hedge Asset Management, an estimated $42.4M sold.
Based on aggregated 13F filings for Q4 2023.