New Fortress Energy
34 hedge funds and large institutions have $134M invested in New Fortress Energy in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
5.02% more ownership
Funds ownership: 52.99% → 58% (+5%)
3% more funds holding
Funds holding: 33 → 34 (+1)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
29% less capital invested
Capital invested by funds: $190M → $134M (-$56M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$15M |
| 2 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$10M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$3.07M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$2.59M |
| 5 |
BC
Blackstart Capital
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.96M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.98M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$455K |
| 4 |
WJWM
Williams Jones Wealth Management
New York
|
-$409K |
| 5 |
Goldman Sachs
New York
|
-$364K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $84K | +$134K | +9,600 | New |
|
27
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| $50K | -$62.9K | -4,500 | -47% |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $40K | +$57.7K | +4,125 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $26K | -$13.7K | -983 | -27% |
|
|
VCM
30
Versant Capital Management
Phoenix,
Arizona
| $12K | – | – | – |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $11K | – | – | – |
|
32
BlackRock
New York
| $11K | +$15.6K | +1,113 | New |
|
33
Wells Fargo
San Francisco,
California
| $10K | -$165K | -11,826 | -92% |
|
34
UBS Group
Zurich,
Switzerland
| $4K | -$18.4K | -1,315 | -76% |
|
|
35
Schroder Investment Management Group
London,
United Kingdom
| – | -$9.96M | -635,798 | Closed |
|
|
WJWM
36
Williams Jones Wealth Management
New York
| – | -$409K | -26,125 | Closed |
|
|
37
Goldman Sachs
New York
| – | -$364K | -23,238 | Closed |
|
NFE Hedge Fund Activity: Q1 2020 in Review
34 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q1 2020, worth a combined $134M — down 29% from $190M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NFE positions and 4 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Federated Hermes, adding an estimated $15M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $9.96M sold.
- 34 institutional investors held New Fortress Energy (NFE) as of Q1 2020, up from 33 in Q4 2019.
- Funds reported $134M of New Fortress Energy stock for Q1 2020, down 29% quarter-over-quarter.
- 8 funds opened new New Fortress Energy positions in Q1 2020 and 4 closed out, a net change of +4 holders.
- The largest New Fortress Energy buyer in Q1 2020 was Federated Hermes, an estimated $15M added.
- The largest New Fortress Energy seller in Q1 2020 was Schroder Investment Management Group, an estimated $9.96M sold.
Based on aggregated 13F filings for Q1 2020.