New Fortress Energy
NFE
250 hedge funds and large institutions have $3.68B invested in New Fortress Energy in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 75 increasing their positions, 100 reducing their positions, and 41 closing their positions.
7% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 41
0% more funds holding
Funds holding: 250 → 250 (0)
0.93% less ownership
Funds ownership: 59.64% → 58.71% (-0.93%)
20% less capital invested
Capital invested by funds: $4.61B → $3.68B (-$932M)
25% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 100
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
82% less call options, than puts
Call options by funds: $18.1M | Put options by funds: $102M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$69.4M |
| 2 |
Primecap Management
Pasadena,
California
|
+$38.7M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$32.7M |
| 4 |
KA
Kailix Advisors
Fort Lauderdale,
Florida
|
+$29.5M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$137M |
| 2 |
Morgan Stanley
New York
|
-$70.9M |
| 3 |
Barclays
London,
United Kingdom
|
-$18.8M |
| 4 |
Jane Street
New York
|
-$14.9M |
| 5 |
Jennison Associates
New York
|
-$12.8M |
NFE Hedge Fund Activity: Q1 2024 in Review
250 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q1 2024, worth a combined $3.68B — down 20% from $4.61B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new NFE positions and 41 closed out — a net gain of 3 holders — while 75 added to existing stakes and 100 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $69.4M. The largest seller was Fidelity Investments, cutting an estimated $137M.
- 250 institutional investors held New Fortress Energy (NFE) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $3.68B of New Fortress Energy stock for Q1 2024, down 20% quarter-over-quarter.
- 44 funds opened new New Fortress Energy positions in Q1 2024 and 41 closed out, a net change of +3 holders.
- The largest New Fortress Energy buyer in Q1 2024 was William Blair Investment Management, an estimated $69.4M added.
- The largest New Fortress Energy seller in Q1 2024 was Fidelity Investments, an estimated $137M sold.
Based on aggregated 13F filings for Q1 2024.