New Fortress Energy
NFE
75 hedge funds and large institutions have $2.94B invested in New Fortress Energy in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 8 closing their positions.
463% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 8
259% more capital invested
Capital invested by funds: $819M → $2.94B (+$2.12B)
135% more call options, than puts
Call options by funds: $4.31M | Put options by funds: $1.83M
92% more funds holding
Funds holding: 39 → 75 (+36)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
220.85% less ownership
Funds ownership: 260.61% → 39.76% (-221%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$128M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$12.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.8M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$7.65M |
| 5 |
BlackRock
New York
|
+$7.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$42.3M |
| 2 |
GMP
Great Mountain Partners
New Haven,
Connecticut
|
-$35.6M |
| 3 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$10.3M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$8.01M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$5.67M | -437,754 | Closed |
|
|
EWM
77
Endurance Wealth Management
Providence,
Rhode Island
| – | -$933K | -72,010 | Closed |
|
|
NIM
78
NXG Investment Management
Dallas,
Texas
| – | -$441K | -34,011 | Closed |
|
|
BFM
79
Boothbay Fund Management
New York
| – | -$237K | -18,283 | Closed |
|
80
Citadel Advisors
Miami,
Florida
| – | -$333K | -12,691 | Closed |
|
81
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$66K | -5,092 | Closed |
|
|
PAG
82
Private Advisor Group
Morristown,
New Jersey
| – | -$3K | -250 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$26 | +1 | New |
|
NFE Hedge Fund Activity: Q3 2020 in Review
75 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q3 2020, worth a combined $2.94B — up 259% from $819M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new NFE positions and 8 closed out — a net gain of 37 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Vanguard Group, adding an estimated $128M. The largest seller was Encompass Capital Advisors, cutting an estimated $42.3M.
- 75 institutional investors held New Fortress Energy (NFE) as of Q3 2020, up from 39 in Q2 2020.
- Funds reported $2.94B of New Fortress Energy stock for Q3 2020, up 259% quarter-over-quarter.
- 45 funds opened new New Fortress Energy positions in Q3 2020 and 8 closed out, a net change of +37 holders.
- The largest New Fortress Energy buyer in Q3 2020 was Vanguard Group, an estimated $128M added.
- The largest New Fortress Energy seller in Q3 2020 was Encompass Capital Advisors, an estimated $42.3M sold.
Based on aggregated 13F filings for Q3 2020.