New Fortress Energy
NFE
232 hedge funds and large institutions have $2.86B invested in New Fortress Energy in 2024 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 102 increasing their positions, 42 reducing their positions, and 64 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 42
4.64% more ownership
Funds ownership: 58.71% → 63.35% (+4.6%)
0% less call options, than puts
Call options by funds: $103M | Put options by funds: $103M
7% less funds holding
Funds holding: 250 → 232 (-18)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
22% less capital invested
Capital invested by funds: $3.68B → $2.86B (-$825M)
23% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$88.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$67.6M |
| 3 |
MGP
M&G plc
London,
United Kingdom
|
+$22.6M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.4M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$33.6M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$13.8M |
| 3 |
Barclays
London,
United Kingdom
|
-$7.81M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.41M |
| 5 |
TCA
Troluce Capital Advisors
Dorado,
Puerto Rico
|
-$6.12M |
NFE Hedge Fund Activity: Q2 2024 in Review
232 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q2 2024, worth a combined $2.86B — down 22% from $3.68B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of NFE and 49 opened new positions — a net loss of 15 holders — while 42 trimmed existing stakes and 102 added.
The largest buyer was Primecap Management, adding an estimated $88.1M. The largest seller was Neuberger Berman Group, cutting an estimated $33.6M.
- 232 institutional investors held New Fortress Energy (NFE) as of Q2 2024, down from 250 in Q1 2024.
- Funds reported $2.86B of New Fortress Energy stock for Q2 2024, down 22% quarter-over-quarter.
- 49 funds opened new New Fortress Energy positions in Q2 2024 and 64 closed out, a net change of -15 holders.
- The largest New Fortress Energy buyer in Q2 2024 was Primecap Management, an estimated $88.1M added.
- The largest New Fortress Energy seller in Q2 2024 was Neuberger Berman Group, an estimated $33.6M sold.
Based on aggregated 13F filings for Q2 2024.